UP ramping up West Coast service to Chicago

Union Pacific has begun a controlled restoration of train service from West Coast ports to the Chicago metropolitan area, hoping a fresh restart will restore terminal fluidity for international intermodal customers.

Savannah adding capacity amid record cargoes

The Georgia Ports Authority will open a 60-acre lot near berths 7, 8, and 9 this fall to add more than 600,000 TEU of container capacity to address the sharp rise in volumes this year.

Biden taps ex-longshoreman from Seattle for FMC

The Biden administration has nominated a former longshoreman and state representative from the state of Washington to replace Michael Khouri on the US Federal Maritime Commission.

Strong US, EU demand boosts Yantian volumes despite COVID outage

Strong demand from the US and Europe in the first half of the year pushed up volume at Hutchison’s South China container terminals despite its largest facility being hit by a COVID-19 outbreak.

Quick fixes not the answer for US supply chain woes

There is an opportunity to make substantial, long-lasting changes in the supply chain that will benefit port communities, the transportation network, and the exporters and importers of goods.

Essential Reads

Despite the rare intervention by a US president in maritime affairs, the regulatory landscape for ocean shipping remains largely unchanged.
Cost concerns will temper more radical proposals to mitigate the effects of the next container shipping shock, but there is a sense that things will be different as demand becomes more volatile and pricing power shifts further away from shippers to carriers.
After scrambling for vessel space and paying record spot rates in the second quarter, retailers and other importers are being warned by carriers and forwarders to expect even higher rates and tighter space constraints in the third quarter.
Trailers are just as important to over-the-road trucking as containers are to intermodal rail, and just as scarce.
The economic indicators for Europe show a region in expansion mode as vaccines are rolled out and businesses reopened, driving up demand for containerized imports.