With the number of anchored vessels already cut in half since September, the Port of Savannah is adding 400,000 TEU of capacity by Dec. 31 to the Garden City Terminal to further whittle down the backlog.
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Knight-Swift expands LTL presence with Midwest carrier buy
The largest US truckload operator acquired its second LTL carrier this year, bringing it closer to a national network and more than $900 million in LTL revenue.
In-transit ships to prolong LA-LB congestion despite fewer vessels at anchor
Trans-Pacific carriers are slowing their vessels en route to Los Angeles–Long Beach, but the reduction in vessels at anchor does not mean cargo volumes have in any way been diminished.
Slight easing of fragile trans-Pacific masks risks ahead
Many transportation executives, citing a highly fragile and capacity-constrained system and ongoing surprises tied to the unpredictable trajectory of the pandemic, are unwilling to declare the supply chain crisis has begun a period of sustained easing.
Charleston targets mid-December to clear anchored vessels
Eight vessels are now anchored off the Port of Charleston following the brief closure of a berth earlier this month and a stevedore labor shortage over the long Thanksgiving weekend.
Global air cargo volumes surging on US demand
A strong third quarter for US airlines is expected to spill over into the last three months as demand continues to fill all available space.
Long Beach gets big boost in vessel, rail capacity
The Port of Long Beach will increase its annual throughput capacity by 1 million TEU in December when Long Beach Container Terminal opens a third vessel berth.
Canadian Pacific Railway Starts Bond Sale for KC Southern Deal
Canadian Pacific Railway Ltd. is tapping the U.S. investment-grade bond market to help fund its acquisition of Kansas City Southern.
California Boosts Truck Weight Limits to 88,000 Pounds to Ease Port Snarls
California will increase weight limits for trucks carrying goods in and out of its ports in an effort to ease supply chain bottlenecks and clear containers off the docks of Los Angeles and Long Beach.
US sees near-record imports from Asia despite huge volumes stranded at sea
Although US imports from Asia were down 2.4 percent in October year over year, it was the third-busiest month ever for containerized imports from Asia.