A panel of public and private decision-makers highlighted steps taken to fortify the global supply chain against disruptive events, but said more needs to be done.
CMA CGM has announced several surcharges affecting US container services but delayed one after reports that union dockworkers and port employers would resume contract negotiations.
Maersk this week called on shippers to clear out laden containers ahead of a possible strike by union longshore workers at East and Gulf Coast ports.
The International Longshoremen’s Association and port employers represented by the United States Maritime Alliance are set to resume bargaining on a new contract Jan. 7.
Shippers continue to navigate the known and the unknown as trans-Pacific container rates moved higher as 2024 comes to an end.
Panamanian President José Raúl Mulino rejected President-elect Trump’s claims of Chinese interference and high fees to use the Panama Canal.
The Port of Oakland saw loaded imports post year-over-year gains in November, the 13th straight monthly increase for the Northern California hub.
Liner operator Hapag-Lloyd announced new surcharges ahead of a possible
January strike by the International Longshoremen’s Association at East and Gulf Coast ports.
Frontloading by importers ahead of 2025 helped Asia-U.S. ocean freight rates stay elevated into mid-December.
Liner operator Yang Ming of Taiwan announced plans to modernize its fleet with orders for as many as 13 newbuildings.
Gatego was founded by CEO Adrian Garcia, whose firsthand experience in his family’s trailer yards highlighted the inefficiencies of traditional systems.
Port Authority of New York and New Jersey announced the unanimous re-election of Chairman Kevin O’Toole.
American forces said friendly fire was responsible for shooting down an F/A-18 Hornet fighter jet during military operations battling Iran-backed Houthi rebels in the Red Sea.
Import demand has increased over the past two years as companies have largely corrected inventories and navigated treacherous waters in the maritime industry.
Norfolk Southern has tabbed investment banker Michael Barr as vice president of investor relations and treasurer.
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.
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.
Intermodal continues to pace weekly U.S. rail traffic while carloads edged downward, according to the Association of American Railroads.
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.
A newly completed CPKC rail bridge linking the U.S. and Mexico is expected to double capacity for cross-border trade.
