The shocking announcement that J. Christopher Lytle, executive director of the Port of Long Beach, will resign to become executive director at the Port of Oakland is a major loss for the nation’s second largest container port and a huge victory for the Northern California port,
The Port of Charleston in South Carolina reported container volume in April was 134,718 20-foot-equivalent units, rising 9 percent year-over-year and increasing 17 percent compared with April 2011.
Nearly everyone knows the United States imports a lot from China (and if you don’t, you’re probably not a regular reader of The Journal of Commerce), but American companies are increasingly exporting more to the Asian manufacturing juggernaut, too.
Oregon’s Port of Portland reported container traffic totaled 14,006 20-foot-equivalent units in April, dropping 30 percent year-over-year and 17 percent month-to-month.
Direct Chassis Link, Maersk Line’s primary chassis provider, will contribute all of its chassis in the South Atlantic region to the Consolidated Chassis Management pool known as the South Atlantic Consolidated Chassis Pool, effective June 1.
Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced moderate increases in the week of May 24, following general rate increases of $400 per 40-foot container moving from Asia to the U.S. West Coast and $600 per FEU from Asia to the U.S. East Coast implemented by USL and CMA CGM on May 21.
A Manhattan federal court has granted a preliminary injunction barring a shipping company from transporting cigarettes that do not bear New York State and New York City tax stamps.