ocean shipping News Updates

BusinessEquipmentLogistics

Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains

As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.

September 22, 2021
BusinessLogistics

Ship Owner Says Commodity Freight Rates Close to Going Parabolic

An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring an unprecedented surge in costs for transporting manufactured goods.

September 16, 2021
BusinessSafetyLogistics

Storms From Texas to China Set to Worsen Global Ship Snarls

Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature.

September 14, 2021
BusinessEquipmentLogistics

Pacific, Atlantic Ports Report Strong June Volumes

More than six months into the economic recovery, the nation’s ports on the Pacific and Atlantic coasts continue to see record or near-record cargo loads, and port officials and economists forecast the substantial numbers likely will continue well into 2022.

July 21, 2021
GovernmentBusinessSafetyLogistics

Slow Vaccine Rates for Seafarers Threaten to Worsen Shipping Chaos

Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.

July 13, 2021
GovernmentBusinessEquipmentLogistics

Executive Order on Competition Mostly Praised in Shipping Community

President Joe Biden’s signing of an executive order to increase competition and reduce congestion in the supply chain is gaining the support of leaders at the Federal Maritime Commission and trade associations.

July 12, 2021
GovernmentBusinessFuelLogistics

Nations Set to Discuss Reducing Global Shipping CO2 Emissions

John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.

June 9, 2021
BusinessEquipmentLogistics

Ports on Both Coasts Continue Record-Setting Runs in April

The nation’s ports reported record container volumes in April as the U.S. economy continues its strong recovery from the COVID-19 pandemic.

May 25, 2021
BusinessEquipmentLogistics

Pacific, Atlantic Coast Ports Set TEU Records in March

On both coasts, the nation’s ports continued their record pace for container volumes in March as goods keep coming into the U.S., nearly 14 months into the COVID-19 pandemic.

April 20, 2021
Government

FMC Chairman Daniel Maffei: Port Congestion Likely to Last Through Summer

Lingering congestion at the nation’s major ports is likely to continue throughout the summer and possibly later into the year, said Daniel Maffei, the new chairman of the Federal Maritime Commission.

April 13, 2021