Ports

Vineyard Wind is one of the first commercial-scale offshore wind projects under construction in the US and at completion will generate some 800 megawatts of power.

The railroad is reducing demurrage fees and restoring additional free time that was eliminated in the past two years as international intermodal volumes have fallen sharply from East Coast ports.

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

Union Pacific’s launch of direct intermodal service from Houston comes two weeks after competitor BNSF announced it would begin a new service from the port’s Barbours Cut marine terminal.

Shippers and port executives say the post-COVID shift of cargo back to Hong Kong is being hampered by the global slump in demand as developed countries grapple with elevated inventories and inflationary pressures.

Thanks to a recent GRI push, average contract rates for India to the US have seen modest gains in recent weeks and carriers are now looking to build around that limited success.

The port congestion in Asia and North America that compromised vessel on-time performance during the pandemic began to ease last fall with declining cargo volumes, and the reliability improvements have accelerated since.

The ruling could place an additional burden on US chassis manufacturers to ensure their subcontractors are using US materials or paying duties on parts from China.

End-to-end supply chain visibility remains an elusive goal for providers in a market where shippers are expecting better data quality than they have seen.

With spot freight rates largely stabilized, ocean carriers have blanked fewer sailings in May and instead opted for more biweekly sailings.

While indicators may point to a “normal” container shipping market in the wake of the pandemic, it is important to remember that disruptions large and small are all part of that normality, writes analyst Lars Jensen.

Shippers want Congress to address their inability to challenge rail demurrage fees when they contract for merchant haulage, but finding a solution will be tricky, writes Journal of Commerce Executive Editor Mark Szakonyi.

Geodis has acquired Southern Companies, a South Florida-based container drayage provider, the latest in a series of trucking and warehousing acquisitions in the US over the last two months.

Relative to other US East Coast ports that saw high import volumes in 2022 due to diversions from West Coast ports, PhilaPort saw more modest inbound growth.

Price volatility, economic uncertainty and China’s ongoing efforts to keep adulterated scrap products out of the country held back US exports of recyclable materials for the third straight year in 2022.

A decrease in US housing construction from the fever pitch seen during the COVID-19 pandemic is reducing demand for imports of furniture, appliances and other household goods.

The carrier will pay the penalty to avoid the Federal Maritime Commission launching a formal investigation into whether it violated US detention and demurrage shipping laws.

With a proposed baseball stadium at the terminal location off the table, the Port of Oakland is considering options to expand maritime support activities at the 50-acre site to complement overall growth at the port.

Forwarders do not expect prices to stabilize or trend up any time soon, with carriers increasingly struggling to secure steady booking levels to fill their export allocations out of India despite capacity readjustments.

The bipartisan legislation does not identify specific countries that manufacture the cranes that would be subject to inspection, but a statement from the co-sponsors specifically mentions China.