The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
“Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,” the report said.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
Western sanctions on Russia will have a devastating impact on all-cargo airline Volga-Dnepr. Shippers will feel some pain too.
The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.
Ukrainian officials vow to rebuild the world’s largest commercial cargo plane, which was capable of carrying prodigious loads.
The container port business is booming and the big are getting bigger, particularly in China.
Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.
The port chaos cocktail: Mix 12 months of container bottlenecks with contentious contract talks for dockworkers.
Break bulk cargo with commodities of plywood, steel and rubber boosted volumes at U.S. Gulf Coast ports in January.
The International Chamber of Shipping issued a warning of the human capital component — Ukrainian and Russian seafarers are now locked out.
Air cargo was a bright spot for Air New Zealand last year, thanks in large measure to government aid for flights geared toward cargo.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Lufthansa is complementing its transcontinental freighter fleet with some smaller aircraft.
Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.
The Biden administration announces $450 million in port-expansion grants.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
