Fire blamed for latest Golden Ray dismantling delay
The capsized roll-on/roll-off vessel has been on its side near Georgia’s Port of Brunswick since early September 2019.
The capsized roll-on/roll-off vessel has been on its side near Georgia’s Port of Brunswick since early September 2019.
There have been no reported injuries, pollution or cargo losses aboard the vessel deployed on a ONE Atlantic service.
Container rates are in uncharted territory. If demand continues to outpace supply, there’s little to stop them from ascending further.
American Maritime Partnership warns the Biden administration to guard against waiver manipulation by refineries in the wake of the Colonial Pipeline shutdown.
SmartLynx Airlines is leasing passenger aircraft to fly cargo before using them for their traditional role.
“This was by far the busiest April in the port’s 114-year history, outpacing the previous record set just back in 2019 by a hefty 29%.”
The situation for importers is getting even more dire. Already extreme container rates are ascending to even higher peaks.
Amazon planes are shuttling between more than 40 airports in the U.S. That translates into faster e-commerce deliveries by eliminating trucks.
E-commerce spurs a year-over-year container volume hike of 43.6%.
The Biden administration has issued a Jones Act waiver amid fuel shortages and rising gas prices sparked by a pipeline outage.
Alaska Airlines is building back its fleet.
Containers, vehicles and rail moves contribute to a record April for the South Carolina Ports Authority.
Ocean container shipping company CMA CGM has a new cargo airline that’s flying to more places.
A “truly outstanding quarter” lifts net profit from $27 million in 2020 to $1.45 billion this year.
Leasing companies are investing in pre-owned passenger planes that can be converted into freighters, and production companies are stepping up to meet their need.
Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
The Biden administration is considering waiving the Jones Act in the wake of the Colonial Pipeline shutdown.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
1978: More than a decade ago, someone accepted the measurement given in a manufacturer’s advertisement at face value. The figure has been used since then to compute ocean freight rates on certain chemicals. Who is liable? The shipper or the carrier?