Virginia’s shippers provide the port with information on their warehousing strategies that the port can use to allocate equipment and other resources, and at least 10 other shippers are slated to tap Virginia’s data feeds
Europe’s third-largest port could not convert a solid rebound in second half volume into full-year growth in container throughput.
Pacific Northwest ports are contending with late vessel arrivals and increased container dwell times due to weather events and strong Asian import volumes.
SSA Marine will provide $50.9 million on top of a $20 million federal grant to expand the capacity of its Blount Island Terminal at the Port of Jacksonville.
Container freight rates from Asia to South America have come down from record highs but are unlikely to fall any further due to sustained demand that has crimped capacity and container supply.
A significant drop in vessel schedule reliability in the eastbound trans-Pacific in January sends an ominous warning to ports about continued congestion in their international supply chains.
With the deployment of LNG-powered ships in the trans-Pacific trade, CMA CGM is banking on North American shippers taking greater interest in the carbon output of their supply chains in the coming years.
Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in 2020