Weak demand signals threatening shipping’s emissions targets The window is closing fast on shipping’s goal of having scalable zero-emission fuels account for 5% of international shipping demand by 2030, a conference in Athens was told. Weak demand signals threatening shipping’s emissions targets Journal of Commerce
Read More →Investor group seeks to block Forward Air-Omni deal, oust Forward CEO
on October 17, 2023in Industry News
Investor group seeks to block Forward Air-Omni deal, oust Forward CEO Ancora Alternatives is seeking a special shareholder meeting to replace members of Forward’s board of directors, including CEO Tom Schmitt, with the ultimate goal of killing the acquisition of Omni, which Ancora blames for a steep drop in Forward’s stock value. Investor group seeks to block […]
Read More →Planned bridge raising opens door to upgrade of North Charleston Terminal
on October 17, 2023in Industry News
Planned bridge raising opens door to upgrade of North Charleston Terminal SC Ports says the work will allow the terminal to attract growing volumes of cargo moving through the Suez Canal on large ships that are too big to call the facility now. Planned bridge raising opens door to upgrade of North Charleston Terminal Journal […]
Read More →Hapag-Lloyd enlists India-based vendor to support US digital documentation move
on October 17, 2023in Industry News
Hapag-Lloyd enlists India-based vendor to support US digital documentation move Ocean carriers are aligning with technology vendors to meet a self-imposed deadline to digitize shipping documentation, with Hapag-Lloyd’s use of ODeX in the US the latest example. Hapag-Lloyd enlists India-based vendor to support US digital documentation move Journal of Commerce
Read More →Fresh geopolitical stress puts supply chain resilience back in the spotlight: analyst
on October 17, 2023in Industry News
Fresh geopolitical stress puts supply chain resilience back in the spotlight: analyst The existing overcapacity in the market has provided the resilience required to handle a potential prolonged blockage of the Suez Canal, says analyst Lars Jensen, who wonders if stakeholders are willing to pay higher freight rates to maintain that safety net. Fresh geopolitical […]
Read More →Norfolk continues to drive warehousing boom in Southeast US
on October 16, 2023in Industry News
Norfolk continues to drive warehousing boom in Southeast US Demand for industrial warehousing is surging along the Southeast US, with Virginia attracting more than 11 million square feet in the last three years. Norfolk continues to drive warehousing boom in Southeast US Journal of Commerce
Read More →Labor peace drives West Coast rebound in market share of Asian imports
on October 16, 2023in Industry News
Labor peace drives West Coast rebound in market share of Asian imports Discretionary cargo is returning to the West Coast as the confidence of retailers is boosted by ratification of the longshore labor contract in late August and the ability of the ports to immediately handle more cargo. Labor peace drives West Coast rebound in […]
Read More →US wind industry navigates deep waters to meet ambitious offshore target
on October 16, 2023in Industry News
US wind industry navigates deep waters to meet ambitious offshore target Meeting the Biden administration’s target of 30 gigawatts of offshore wind energy installed by 2030 will require floating offshore wind, which means building new, specialized port facilities to facilitate development in much deeper waters. US wind industry navigates deep waters to meet ambitious offshore […]
Read More →Global shippers take lead in drive for green ocean transport
on October 16, 2023in Industry News
Global shippers take lead in drive for green ocean transport Encouraging cargo owners to pay more for green ocean services remains a challenge, but carriers are reporting growing momentum from shippers aiming to cut Scope 3 emissions. Global shippers take lead in drive for green ocean transport Journal of Commerce
Read More →CMA CGM’s NY-NJ ‘home’ offers it Southeast Asia trade growth: Saade
on October 13, 2023in Industry News
CMA CGM’s NY-NJ ‘home’ offers it Southeast Asia trade growth: Saade CMA CGM Chairman Rodolphe Saade said he’s seeing more customer demand than ever for Southeast Asia services that will eventually call at the carrier’s two recently acquired terminals at the Port of New York and New Jersey. CMA CGM’s NY-NJ ‘home’ offers it Southeast […]
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