Port investments will stabilize supply chains, Biden says
President Biden was Professor Biden at the Port of Baltimore, explaining Supply Chain 101 to the American people.
President Biden was Professor Biden at the Port of Baltimore, explaining Supply Chain 101 to the American people.
Just five days before emergency SoCal container fee is set to begin, offshore traffic jam reaches new heights.
Lawmakers have introduced bills that would tap into unspent COVID-19 relief funds to help compensate vessel owners looking to reroute ships away from choked Southern California ports.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Federal regulators are calling for a “full and thorough review” of the proposed purchase of the largest port operator in the U.S. by a Canadian pension firm.
The Biden administration is racing to cut red tape so the government can expedite port and freight transportation infrastructure investments.
Lack of data sharing regarding nonscheduled vessels is adding to the congestion in San Pedro Bay and impacting the ability to plan for container processing.
Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
Congress approves provisions allowing under-21 truck drivers – as well as guidance on truck brokers and freight dispatchers – in a five-year highway bill that is part of a larger $1.2 trillion infrastructure package.
As the holidays loom, a congressman wants to eliminate legal hurdles banning 18-to-20-year-old truck drivers from moving containers in and out of ports.
Private marine terminals in Tacoma are putting more pressure on importers to pick up containers that are left for weeks and choking the movement of cargo.
A trucking trade group is urging California Gov. Gavin Newsom to enforce a state law to prevent terminal operators and ocean carriers from charging excessive per-diem and demurrage fees and using port truckers as “a convenient ATM to bolster their profits.”
“The customer demand will change so much faster than the industrial processes, and I think that to be early might be challenging, but to be too late will be devastating,” said Anna Borg, president and CEO of Vattenfall.
Port America, Ceres and SSA Atlantic have formed joint venture Gateway Terminals at the Port of Savannah as a way to consolidate terminal, truck gate and stevedoring services.
Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
CEO Rodolphe Saadé says the CMA CGM Group is acquiring Fenix Marine Services to effectively manage its West Coast port operations.
Trucking companies dispute the widely reported message that a driver shortage is largely to blame for the port congestion issues in California. In fact, drayage companies are laying off drivers because of port delays.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.