Exports to Vietnam through Oakland have grown 126 percent since 2015 and in 2018, Vietnam was the port’s third-largest import market and fifth-largest export market.
Sandra Goranovic is promoted to vice president, Khalfan Al Shueili is elected to board and John Adams is hired.
Containerized freight rates are continuing to decline. And where gains are made, these are only marginal gains. International maritime consultant Drewry expects that ocean carriers “will struggle to recover rates” in the coming week.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
A study commissioned by consultancy SEA\LNG and its partner promoting the use of LNG as a marine fuel shows that LNG can cut carbon emissions by up to 28 percent, though there are questions over the study’s methodology.
The port’s volumes in March grew 12.7 percent year-over-year to 650,977 TEUs.
The port’s throughput grew by 4.2 percent year-over-year in the first quarter and by 10.7 percent year-over-year in March.
While tariff fight may not repeat itself, other factors that lead to drayage capacity crisis still in play for shippers this year.
The study found gas-fueled engines reduced well-to-wake greenhouse gas emissions up to 21 percent for two-stroke slow-speed engines.
Year-to-date the iron ore trade on the Great Lakes stands at 3.4 million tons, an increase of 9.5 percent.
The president of Gennex Media conspired with others to fix prices on online sales of promotional items between 2014 and 2016.
The industry’s recruitment and retention problems are compounded by increased federal and state regulations, a competitive job market and time away from home.
Intermodal loadings fell by as much as 4 percent due to weather events impacting the western network, Todd Tranausky said in an FTR State of Freight webinar.
Rob Lowe is named director of administration and CFO and Matt Copot is hired as vice president of maintenance.
French company is increasing its warehousing space in Vietnam almost tenfold.
“If you do remove this as a tool for the shipping lines to use, are you prepared to accept higher freight rates as a consequence?” asked analyst Tan Hua Joo.
The shipping line signed a memorandum of cooperation with Nansha officials last week.
Tan Hua Joo also asserts that carriers are downplaying their scrubber strategies as they tell customers they must recover the higher fuel costs.
Mao Sun and Xing Er were flown from China to Denmark and then transported by truck to their new home.
