Port News

Port News

Port news and updates from around the globe covering critical international ports such as Los Angeles, Long Beach, New York-New Jersey, Rotterdam, Antwerp, Jawaharlal Nehru, Santos, and Tokyo. From traffic congestion, port strikes, and port labor negotiations to pending government regulations and equipment upgrades, JOC.com covers every angle of the port industry.

How will leading ports deploy the expansion of port rail and berth projects to harness growing demand for e-commerce shipments with the help of intermodal rail? What other new opportunities and challenges lie ahead for ports as a result of the build-out of warehousing and other industrial real estate? How will port managers deploy the power of advanced technologies – such as blockchain and the Internet of Things -- to reduce congestion and boost port productivity?

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News & Analysis

16 Jul 2020
Trucking operators tell JOC.com ocean carrier Zim’s decision to add Norfolk Southern Railway’s Croxton rail yard in Jersey City as a satellite for empty container returns will add unproductive miles to their day.
19 May 2020
The number of passenger planes flying in all-cargo roles has risen past 1,200 as carriers try to utilize their grounded fleets and generate revenue amid coronavirus-driven travel bans.
19 May 2020
Kontainers, which has made inroads in providing forwarders with an online transactional channel, is partnering with Portrix, a longtime supplier of rate management tools to top forwarders.
19 May 2020
A partnership between airfreight software specialist WebCargo and cargo airline management platform IBS will enable carriers to quote more efficiently, and electronically, to forwarders.
19 May 2020
A container line consortium that has tackled a range of shipping standards since launching in April 2019 now plans to drive adoption of electronic bills of lading, a standard that has long evaded adoption.
18 May 2020
Combining FedEx’s logistics network with Microsoft’s AI, machine-learning, and cloud-computing capabilities, the companies plan to offer much more granular, near-real-time visibility for entire supply chains, as well as individual shipments.
18 May 2020
Any concerns about the availability of IMO 2020–compliant fuels have evaporated because COVID-19’s hit on road and aviation fuels has left the global refining complex awash in low-sulfur feedstocks that are finding their way into the bunker market.
18 May 2020
The spot market rates are well above year-over-year levels, despite an evaporation of demand that has hit carriers hardest this second quarter.
18 May 2020
Stay-at-home orders and travel bans removed virtually all passenger traffic from cross-channel ferries, eliminating a crucial revenue source and threatening the transport of essential goods between the UK and Europe.
18 May 2020
Expectations for capacity, demand, and pricing across transportation modes in 2020 have been shattered by the COVID‑19 pandemic, resulting in recession.
15 May 2020
Produce season and the reopening of some states to business are beginning to jump-start truck demand and spur higher spot rates in some lanes, but a long recovery is forecast.
15 May 2020
The impact of the US–China trade war and COVID-19 has resulted in a 7.8 percentage point drop in China’s market share of US imports from Asia through the first four months of 2020.
15 May 2020
BBC Chartering's CEO sees a rough course ahead amid COVID-19, but a stronger MPV/HL segment in the long run.
15 May 2020
Sources say there is little doubt that automation will be a major issue for the ILWU when negotiations begin, likely in early 2022. The question is how hard it will press the issue.
15 May 2020
Loss-making carriers HMM and Yang Ming are bracing for a difficult second quarter with steadily weakening demand keeping earnings under pressure.
15 May 2020
Hapag-Lloyd said based on current bookings and loadings, it is heading for a double-digit volume decline in the second quarter, but expects a gradual recovery after that.
14 May 2020
Regulators are expanding the area covered by the short-haul exemption to trucking hours of service rules, and that brings opportunities to drayage and e-commerce delivery carriers.
14 May 2020
The new final US hours-of-service rule gives truckers more flexibility in how they use their daily hours, but shippers get a gift of capacity that could help extend their pricing power.
14 May 2020
Most US ports have sufficient liquidity and debt service coverage, and should be resilient enough to handle at least a 20 percent decline in cargo volume, according to Moody’s Investors Service.
14 May 2020
Significant changes in European road transport demand and product mix driven by the coronavirus led to a marginal drop in freight rates in the first quarter, but road pricing will face increasing volatility as countries begin to recover.
14 May 2020
US imports from Asia declined 1.3 percent in April from the same month last year. It was the seventh consecutive month of year-over-year decline in imports in the eastbound trans-Pacific.
14 May 2020
Automation software provider RPA Labs has been backed by a group of supply chain-focused investors as it seeks to equip third-party logistics providers with pre-built process “bots.”
13 May 2020
While other industries have seen massive increases or decreases in demand, food importers have been affected by an upheaval in consumption patterns and the channels through which end-consumers purchase food.
13 May 2020
A new technology platform at Werner Enterprises is designed to break down communications barriers between the truckload carrier, its drivers, and customers, and automate more of the truck driver’s workflow.
13 May 2020
First Solar has opened a distribution center in South Carolina to handle solar panels, a growth industry in which US imports doubled last year.
13 May 2020
CMA CGM has secured financial aid to improve liquidity and ease financial pressure as it prepares for declining volume and works on cutting debt levels of almost $18 billion that it carried into 2020.
13 May 2020
The scale of the damage COVID-19 has inflicted on various freight transport sectors, from container shipping to trucking, is widening.
13 May 2020
Maersk has managed to emerge from the first quarter with a strong financial result, but the chief concern of the carrier’s CEO is the second quarter when the heaviest impact of declining demand will be felt.
12 May 2020
Retailers’ forecasts of US import volumes for the third quarter appear to indicate that the peak-shipping season this fall will be disappointing.
12 May 2020
US tariffs on electronics goods produced in China continue to push production and assembly of some electronics to Southeast Asia and Mexico, with the latter grabbing a growing share of laptop computers and televisions due to its proximity to the US market.
12 May 2020
YRC Worldwide says a double-digit drop in freight volume will accelerate efforts to consolidate its less-than-truckload networks while keeping its individual carrier brands.
12 May 2020
Europe’s hub ports prepare for a sharp decline in second quarter volume as capacity and demand shocks rattle the container supply chain.
12 May 2020
MTC Logistics’ new cold storage facility will support a major expansion of frozen food imports and exports at the Port of Mobile.
12 May 2020
OL USA, an NVO led by industry veteran Alan Baer, is using software from Blume Global to provide visibility and disruption recovery capability akin to larger and more well-capitalized competitors.
11 May 2020
Forwarders wanting to build instant quoting capability often need to juggle multiple systems and navigate setbacks to get to a desired state of reaching broader customer segments.
11 May 2020
Forces have been set in motion that will slowly, but inexorably, change the supply chain status quo in myriad ways, most notably where freight is coming from and where it is going.