Q&A: Transport economist on pandemic pain, lasting fallout
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
The 12 members of Reopen Jacksonville will advise the Florida city’s mayor on the easing of stay-at-home restrictions put in place to slow the spread of the coronavirus.
Triple the number of vessels at anchorage increases risk of oil spill.
While suffering a significant drop in cargo volume during the coronavirus pandemic, the seaport stands “ready to help position America’s industries for future success,” says Executive Director Gene Seroka.
Tensions in the Strait of Hormuz have always been good for tanker rates and stocks — until now.
The 24,000-TEU Algeciras will make maiden voyage from Qingdao, China, on Monday.
“We expect that more shippers will shift from just-in-time supply chains to just-in-case supply chains,” U.S. CEO Mark McCullough said.
Maersk plans sudden switch from Staten Island to New Jersey. The Staten Island terminal is fighting back.
Final steel floor beam lifted into place two years after assembly of main span got underway.
The German shipping line says it has cut CO2 emissions per transported TEU by about 50% since 2008
Container equipment shortage exacerbated by COVID-19 pandemic stresses upper-Midwest soybean exporter trying to fill his springtime customer orders to Asia.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
The Jacksonville, Florida-based ocean carrier finds continued demand for reefers among Central American and Caribbean fruit and produce shippers.
Some reports say crew killed Spirit of Hamburg mariner, while others point to an intruder.
U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.
COVID-19 has not hurt cargo flows between the Pacific Northwest and Anchorage.
Portsmouth Marine Terminal will be closed while import volumes are down as a result of the coronavirus pandemic.
Bulker rates are rising, but not yet profitable, and market risks abound.
The duty deferment applies to qualifying importers facing “significant financial hardship,” Customs and Border Protection said.
The longer the coronavirus crisis continues, “the longer it’s going to take to get the ship righted,” says GPA Executive Director Griff Lynch.