Port of Long Beach nears record TEUs
The Port of Long Beach is on course to handle 9.6 million TEUs in 2024, which would top record volume set in 2021.
The Port of Long Beach is on course to handle 9.6 million TEUs in 2024, which would top record volume set in 2021.
Frontloading by importers ahead of 2025 helped Asia-U.S. ocean freight rates stay elevated into mid-December.
Total freight movements were up in Houston, Corpus Christi and New Orleans, boosted by shipments of consumer goods, machinery and crude oil.
Liner operator Yang Ming of Taiwan announced plans to modernize its fleet with orders for as many as 13 newbuildings.
Port Authority of New York and New Jersey announced the unanimous re-election of Chairman Kevin O’Toole.
Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime international flights to capture containerized cargo.
Fears of new tariffs and a strike at East Coast ports combined to push up ocean container rates on Asia-U.S. routes in December.
China Airlines is investing about $2 billion in large, future-generation freighter aircraft from Boeing.
Shippers would have to move 10% of all seagoing Chinese imports on U.S.-flagged and -crewed vessels under the terms of proposed bipartisan legislation.
The International Longshoremen’s Association has the backing of President-elect Trump in its contract fight with East and Gulf Coast port employers, who may yet have the final say.
The rebel militia that has spent the past year terrorizing Red Sea shipping may be taking a new tack as events unfold in the Mideast.
Direct ChassisLink Inc. announced it’s adding GPS tracking to its entire fleet of 53-foot domestic chassis.
Global Crossing Airlines is branching out from the U.S. market to help investors start a charter airline in Australia, serving passenger and cargo airlines.
Continuing consumer demand and frontloading by importers in November helped the Port of Los Angeles to double-digit gains in container volumes.
American military forces protecting Red Sea shipping launched an airstrike against Houthi rebel bases inside Yemen.
Credit evaluator Fitch Ratings is changing its outlook for global container shipping in a move that could make it easier for vessel operators to issue debt or borrow money.
President-elect Donald Trump over the weekend again backed union dockworkers in their fight to block automation technology at East and Gulf Coast container ports.
Air cargo demand is projected to slow to 6% next year, bolstered by positive economic supply chain and economic trends against a backdrop of rising geopolitical uncertainty.
The American Apparel & Footwear Association called on port employers and the International Longshoremen’s Association to work out their differences over automation and avoid another strike in January.
President-elect Donald J. Trump has taken a stand against port automation during contract talks between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX).