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.
Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.
One hour. That’s how long it could take a rocket to carry troops and material from a base in the Midwest to the Middle East if technology the military is exploring proves out.
Some big ports are import focused. The Port of Oakland is a big export port. It is trying to restore the traditional import/export balance.
Canada’s largest airline produced its best cargo results ever as the passenger business begins to show signs of sustained recovery.
Cathay Pacific is a once-proud airline hanging on for dear life.
Port Houston’s steel cargo exports recorded a 1,874% year-over-year increase.
“Efforts to successfully move aging cargo out of shipping terminals” improve the picture at California’s San Pedro Bay ports.
CEO Rodolphe Saadé said CMA CGM “will transform the Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards.”
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
Of 18 companies that Friend of the Sea evaluated, it identified Hapag-Lloyd as “the international shipping company most committed to minimizing the risk of whale ship strikes.”
New data released by project44 shows vessels waiting to berth in Asia recorded an average increase from 13 days in December to 16.7 days in January.
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
The crew of 22 was rescued for ship headed to the United States.
