This week: Despite challenges from politics and logistics, US retailers expect to import more in early 2024. The Port of Savannah experiences a surge in intermodal freight activities, highlighting strong and uninterrupted goods flow to the US East Coast. A $1.4...
This week: Houthi rebel attacks in the Red Sea prompt global shipping to reroute. January’s global maritime reliability hits a new low since September 2022 due to Red Sea disruptions. The Federal Maritime Commission has implemented new rules to protect port...
This week: Norfolk Southern Railway is terminating its intermodal services connecting Charleston and Savannah because of low cargo demand. The Biden Administration has unveiled a $20 billion initiative to bring back the making of ship-to-shore cranes in the US....
This week: The Federal Maritime Commission’s landmark decision promoting fairness in container transportation. Geopolitical tensions and security concerns lead to major shifts in Red Sea shipping routes. The Panama Canal demonstrates resilience and operational...
6% Drop in Global Ocean Capacity Due to Red Sea Diversions The longer ocean transit times around the Cape of Good Hope as vessels continue to avoid the Red Sea have reduced ocean capacity by 6% globally. The extra 10-14 days added to transit times from Asia to Europe...
This week: West Coast ports and container terminals see a return to pre-covid container volumes as they process the pre-Lunar New Year rush US container import flows show changes as US shippers order more from Vietnam, India, and other countries Delays and problems...