Jaxport receives million in state funds for new cranes at Blount Island The cranes are part of overall improvements to update and expand Blount Island operations and double its current capacity to 500,000 TEU by 2025. Jaxport receives million in state funds for new cranes at Blount Island Journal of Commerce
Read More →Jaxport receives $30 million in state funds for new cranes at Blount Island
on August 29, 2023in Industry News
Domestic intermodal volumes jump in early days of new Mexico rail services
on August 29, 2023in Industry News
Domestic intermodal volumes jump in early days of new Mexico rail services Since new services from CPKC and CN were launched in May, intermodal volume out of Mexico has surged more than 30% year over year through the end of July. Domestic intermodal volumes jump in early days of new Mexico rail services Journal of […]
Read More →Rate recovery could buoy container shipping in H2: Cosco
on August 29, 2023in Industry News
Rate recovery could buoy container shipping in H2: Cosco But in its interim earnings announcement, Cosco Shipping Holdings also maintained a cautious outlook due to challenges it cited, including the global economy, inflationary pressures in Europe and America, and the delivery of new vessels. Rate recovery could buoy container shipping in H2: Cosco Journal of […]
Read More →ABF’s LTL shipments, pricing jump after Yellow collapse
on August 28, 2023in Industry News
ABF’s LTL shipments, pricing jump after Yellow collapse ArcBest less-than-truckload (LTL) subsidiary ABF Freight is taking on additional volume and raising rates as a broad realignment of the US LTL sector gains speed. ABF’s LTL shipments, pricing jump after Yellow collapse Journal of Commerce
Read More →NVOs chase market share or margin in demand downslope
on August 28, 2023in Industry News
NVOs chase market share or margin in demand downslope Supply overcapacity coupled with mediocre freight demand has the top 25 trans-Pacific non-vessel-operating common carriers deciding whether to chase lower margin business or suffer volume losses. NVOs chase market share or margin in demand downslope Journal of Commerce
Read More →Sliding steel demand weighs on MPV sector
on August 28, 2023in Industry News
Sliding steel demand weighs on MPV sector Weak construction and manufacturing demand, inflation fears and continued economic uncertainty are weighing on global steel volumes, a key commodity for multipurpose vessels. Sliding steel demand weighs on MPV sector Journal of Commerce
Read More →Domestic container fluidity will pick up when volume rebounds: Schneider
on August 28, 2023in Industry News
Domestic container fluidity will pick up when volume rebounds: Schneider Schneider believes once demand picks up for rail transportation, the intermodal industry can return to pre-pandemic levels of productivity for containers. Domestic container fluidity will pick up when volume rebounds: Schneider Journal of Commerce
Read More →Pilot project aims to open more trucker slots in Los Angeles-Long Beach
on August 25, 2023in Industry News
Pilot project aims to open more trucker slots in Los Angeles-Long Beach The Harbor Trucking Association is teaming with Yusen Terminals in Los Angeles to increase the number of appointment slots each day by cutting the container receiving window from two hours to 90 minutes. Pilot project aims to open more trucker slots in Los […]
Read More →Lawmakers push FMC to remove MTOs from demurrage billing requirements
on August 25, 2023in Industry News
Lawmakers push FMC to remove MTOs from demurrage billing requirements Two congressmen, backed by terminals operators, are insisting maritime regulators follow the congressional intent that underpins OSRA-22 or risk “severe” disruptions to the US supply chain. Lawmakers push FMC to remove MTOs from demurrage billing requirements Journal of Commerce
Read More →New LNG carbon inset product rolled out for container shipping market
on August 25, 2023in Industry News
New LNG carbon inset product rolled out for container shipping market The insetting product enters an industry where there is currently a reluctance by cargo owners to pay premium prices for more eco-friendly shipping services. New LNG carbon inset product rolled out for container shipping market Journal of Commerce
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