Port of Baltimore claims a first with battery-electric railcar mover
The Port of Baltimore has deployed an electric railcar mover it says is a first for the U.S. maritime industry.
The Port of Baltimore has deployed an electric railcar mover it says is a first for the U.S. maritime industry.
U.S.-based Accelerated Global Solutions, a sister company of parcel courier SpeedX, is beefing up its trans-Pacific ocean logistics capability by investing in Malaysia’s KGW Logistics.
Container operator Hapag-Lloyd said preliminary results for fiscal year 2024 were improved over the previous year.
The Ocean Network Express alliance of K-Line, MOL and NYK saw profits skyrocket in the fiscal third quarter.
A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024.
Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.
Maersk has won an additional two years for domestic container transshipments between ports in China. China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027. The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will […]
Ports in Houston and Corpus Christi, Texas, reported increased year-over-year cargo movements in 2024 versus 2023.
Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday. Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index. Asia-U.S. East Coast […]
Airbus is terminating its charter cargo business, which used funky freighter aircraft to transport oversize loads, after less than a year.
A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]
President Trump’s return-to-work mandate for federal employees could have unintended consequences for the Transportation Security Administration and aviation security.
While the global supply chain seemed whipsawed on a daily basis in 2024, one thing remained constant: a veritable tsunami of ocean containers moving through the Port of Los Angeles. The busiest U.S. maritime trade hub moved 10.3 million container units in 2024, a record 1.7 million TEUs or nearly 20% higher than a year […]
January is normally a slow month for international airfreight, but demand and rates are holding up after the holiday peak season as shippers pull forward orders from China to avoid tariffs and manufacturing delays.
CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.
An investigation by the United States trade representative found evidence of wide-ranging plans by China that have helped it dominate the global ocean shipping and shipbuilding industries.
There are no major bottlenecks for North American container port drayage and rail ramps, according to ITS Logistics’ January U.S. Port/Rail Ramp Freight Index.
Louis Sola has been designated by President Donald Trump as chairman of the Federal Maritime Commission. Sola, a Republican, has served as an FMC commissioner since 2019 when he was nominated during the first Trump administration. The FMC is an independent federal agency responsible for regulating international ocean commerce as it relates to U.S. interests. […]
Weaker container rates for Asia-U.S. volumes could give way to increases, but that depends on carriers’ plans in the coming weeks, said analyst Freightos.
Challenge Group is beefing up its order for 777-300 converted freighters. It is an early adopter of the aftermarket freighter and will likely be the first operator in Europe.