The Georgia Ports Authority has begun offering fixed earliest receiving dates (ERDs) and will sync up cutoff dates with ocean carriers to address two of the top concerns of exporters in Savannah.
A flood of imports into the Pacific Northwest is boosting spot truckload rates out of Seattle as shippers facing delays and intermodal container shortages seek new routes for freight moving inland.
Worsening port congestion is forcing western governments to realize that strong infrastructure is crucial to global trade and that migration rules need to be eased in order to fill supply chain jobs.
Three ocean carriers have decided to temporarily switch US calls to Charleston instead of Savannah as more than 20 vessels are anchored off the Georgia port.
Mediterranean Shipping Co. (MSC) has standardized the code for all the container facilities it uses globally, the first carrier to use a facility code format developed in part by the Digital Container Shipping Association.
Cosco Shipping told shareholders to expect a major increase in third-quarter and nine-month profitability thanks to the surge in freight rates and high demand.
A dramatic decline in eastbound trans-Pacific spot rates this week is seen as a temporary reprieve for US importers that was caused by production cutbacks in China and a continuous influx of new capacity of chartered ships.
US importers are taking bolder action to guarantee capacity in ways that would have been unimaginable in years past, from chartering ships, embracing transloading, and paying more to secure contracted ocean capacity