Despite flatlining train speeds and persisting service issues, U.S. intermodal volumes have increased to their highest level in more than two months.
The newly-formed alliance of the ports of Seattle and Tacoma increased their container throughput nearly 8 percent in July and grabbed a bit of market share from their Canadian competitors.
After decades of moving operations overseas, executives at U.S. manufacturing and distribution firms say they’re coming home, or at least closer to home via Mexico.
A Chinese defense manufacturing company plans to build a deep-sea port in the Arkhangelsk region of Russia, giving shippers of containerized rail from Asia another ocean shipping option for northern Europe delivery.
Plummeting U.S. exports of recycled paper contributed to a 5.2 percent decline in overall U.S. exports during the first half of 2015, as lower-value commodities were hit by weak demand, a strong dollar and the lingering impact of West Coast port delays.
It’s been five years since Shanghai toppled Singapore for the No. 1 spot in the JOC Top 50 container port rankings, and Shanghai firmly led with a 1.4 million-TEU spread in the 2014 results.
Rickmers Group’s operating profit rose 35 percent in the first half, as its shipping unit returned to the black and a strong dollar boosted revenues.
Duisburg boosted container traffic by 10 percent in the first half of the year, shrugging off German rail freight strikes and China’s economic slowdown, to consolidate its position as the world’s biggest inland port.
Singapore-based container carrier APL has introduced a new, dedicated intra-Asia service in another sign of the seemingly insatiable demand for services on the trade.