The ports of the United States are our nation’s windows to the rest of the world. Imports and exports flow through them daily, helping maintain the world’s largest economy. A key Gulf Coast port is located in Mobile, Alabama. It is one of the top 20 U.S. ports by volume. Located along the Mobile River […]
The West Coast ports are full, according to Port of LA Executive Director Gene Seroka, but the import flood is just starting as we move into the end of summer. What does the coming flood of goods mean for ocean freight still dealing with rough seas thanks to pandemic influences? Anthony Smith and Zach Strickland […]
Port Houston is reopening its two largest public container terminals to commercial trucks after closing them Tuesday due to a computer hardware failure. “Bayport and Barbours Cut Container Terminals are planning to open [Thursday] at 3 p.m. to truck traffic. Check back for another update soon about final gate operation decisions,” port officials tweeted Thursday. […]
The Inbound Ocean TEU Volume Index (IOTI), which measures maritime bookings for twenty-foot equivalent units for U.S. imports, is set to hit an all-time high this week. The IOTI starts in January 2019 but covers one of the most active periods in maritime shipping thanks to the pandemic. With imports being tied more closely than […]
Container-shipping spot rates keep bouncing around at stratospheric heights — and show zero signs of sliding back to earth. On some trade lanes, they’re still ascending. Case in point: The formerly sleepy Europe-U.S. trans-Atlantic route just spiked. With fallout from the Ever Given accident in the Suez Canal expected to cut container and vessel availability, […]
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
A record number of ocean containers crossed the docks at the Port of Long Beach in March, further underscoring that there will be no slow season this year at U.S. ports. Earlier this week, the Port of Charleston reported record results for March. The Long Beach port authority on Thursday said its terminals handled 840,387 […]
Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest gateway for U.S. imports. A record 38 containerships are awaiting berth space — 36 at anchor and two that were directed to wait in designated areas at sea until anchorages are available, the Marine […]
In the movie “Falling Down,” the character played by Michael Douglas is stranded in a Los Angeles traffic jam. He abandons his car, starts walking with briefcase in hand and ultimately has a mental breakdown. Cargo shippers trying to get their containers through the ports of Los Angeles and Long Beach can relate. The pileup […]
The air cargo market ended 2020 on a high note, picking up steam again in December and setting the stage for a potential full recovery to pre-pandemic levels in the first quarter of 2021 with little sign there will be a normal seasonal falloff, according to the latest industry data. Global airfreight volumes rose 2.5% […]
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