With Rail Strike Averted, Focus Turns to Clearing Congestion
By Augusta Saraiva (Bloomberg) — US freight-rail companies need to turn their focus to clearing a backlog of containers at ports and at inland train terminals now that they have …
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By Augusta Saraiva (Bloomberg) — US freight-rail companies need to turn their focus to clearing a backlog of containers at ports and at inland train terminals now that they have …
By Lisa Baertlein and Doyinsola Oladipo LOS ANGELES/NEW YORK, Sept 15 (Reuters) – Union railworkers in the United States scored a potential key victory in their fight for improved pay …
By Jamie Freed and Casey Hall SYDNEY/SHANGHAI, Sept 16 (Reuters) – Global trade bellwethers like FedEx and Cathay Pacific Airways. have cast a pall over the year-end holiday shopping season …
The Port of Long Beach on Thursday reported having its second busiest August on record, with cargo volumes less than 1,000 TEUs off its monthly record and even surpassing its …
The import surge at the Port of Los Angeles slowed in August as predicted as the nation’s busiest container port is finally starting to see cargo volume growth ease. Executive …
By Trevor Hunnicutt, David Shepardson and Steve Holland WASHINGTON, Sept 15 (Reuters) – President Joe Biden’s administration secured a tentative deal on Thursday to avert a railway strike that could
American consumers are continuing to spend their money on retail goods despite persistent inflation and rising interest rates, the National Retail Federation said Thursday. Jobs and higher wages help
The Biden Administration will advance lease areas in deeper waters in order to deploy 15 GW of floating offshore wind capacity by 2035—building on the President’s existing goal of deploying …
Containership leasing company Seaspan Corporation has voided contracts for four LNG-powered containerships on order “due to certain conditions” not being fulfilled. The shipbuilding order, which was
The National Transportation Safety Board (NTSB) said Thursday that a Mississippi River towing vessel’s pilot and its captain pushed its tow up against a riverbank too close to a railroad …
By Áine Quinn and Alberto Nardelli (Bloomberg) — A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after European Union …
American consumers are continuing to spend their money on retail goods despite persistent inflation and rising interest rates, the National Retail Federation said Thursday. Jobs and higher wages help
By Sam Whelan (The Loadstar) – Transpacific ocean rates might be experiencing a “post-Covid plummet”, but US import volumes remain high and lower freight rates could be “good for the …
German container shipping line Hapag-Lloyd has entered into an agreement with Italy-based Spinelli Group to acquire 49% in the Italian logistics group. The minority stake will be acquired from existi
By Trevor Hunnicutt WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s …
Incat Crowther is pleased to announce the launch of the 72m passenger ferry Korea Pride. Incat Crowther supported Korea Express Ferry in the building of the ship that will operate …
International classification society the American Bureau of Shipping has granted its approval in principle for the world’s first methanol-powered Newcastlemax bulk carrier. The AIP was awarded to Chi
Maersk Supply Service will give its customers the option to use a blend of low-carbon biofuel as an option to reduce carbon emissions from offshore operations. The option is being …
BEIJING, Sept 14 (Reuters) – Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local media …
By Rachel Butt, Jennifer A. Dlouhy and David Wethe (Bloomberg) — Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore …