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<div>The Georgia Ports Authority (GPA) will break ground early next year on a project to build two post-Panamax berths at its Ocean Terminal in Savannah, it said Monday. The multi-year, $350 million project is meant to transform what has traditionally been a breakbulk terminal into a more modern container facility. </div><div>Construction will begin in early 2023, with the first berth expected to be completed in early 2025. A second large berth in Ocean Terminal will be ready for use in 2026. </div><div>While container ships have visited Ocean Terminal for decades, it can only handle vessels up to 4,000 TEU, mostly...

The Ocean Terminal project is part of a larger strategy by the GPA to expand the footprint in Savannah to handle bigger vessels and more containers.

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GPA building new container berths at Ocean Terminal in Savannah

No clear link between slow-steaming, schedule reliability: analyst 

Large US truckload carriers reined in capacity in Q1: Journal of Commerce index 

Weaker ocean rates, China sourcing shift drive rise in LCL shipments 

New UP intermodal service from Houston to provide West Coast reach

Hong Kong struggles to recover volumes lost amid South China cargo shift

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Slow-steaming has come to the fore of late as ocean carriers seek help in absorbing overcapacity, but analyst Lars Jensen says the common refrain that slower speeds also help to improve schedule reliability doesn’t hold water.

An index based on truck counts at large truckload carriers dropped nearly 5% in the first quarter from late 2022 as those carriers adjusted to a softer market and lower contract and spot rates.

An emerging trend of sending smaller shipments more frequently is leading to growing demand for LCL services across the major trade lanes.

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No clear link between slow-steaming, schedule reliability: analyst

Large US truckload carriers reined in capacity in Q1: Journal of Commerce index

Weaker ocean rates, China sourcing shift drive rise in LCL shipments