Blockades of Canadian National Railway lines have prompted Atlantic Container Line to divert two vessels from the Port of Halifax so the cargo can move through other East Coast ports instead.
Terminal operators, truckers, and BCOs agree that expanding free-flow operations for the delivery of containers at West Coast ports is a win-win situation for all participants, but the complexities of pulling it off in an era of big ships and alliances is limiting its potential.
Capacity expansion at Bangladesh’s second port of Mongla is meant to relieve congestion at the busy port of Chittagong, where frequent vessel backlogs result in delays and demurrage costs for shippers.
Following imposing draft restrictions in four of the last six years, Panama Canal Administrator Ricaurte Vasquez says a new approach is needed since the value of the larger locks, completed for some $5.25 billion in 2016, is for nought if full water draft can’t be guaranteed
Due to reduced demand tied to the coronavirus, Maersk said it has cancelled more than 50 sailings beyond what it normally cuts during the traditional Chinese Lunar New Year lull.
Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.
A rail blockade in Ontario as part of a more than week-long First Nation protest against a proposed oil pipeline in Canada remains in place, and CN’s eastern Canadian network is at a near standstill.