News Roundup: How Gulf Coast Ports Are Navigating Container Imports Downturn, Emissions Reduction Talk At Athens Summit, & More
This week: U.S. Gulf Coast ports are successfully navigating the downturn in container imports through specialized equipment imports and raw material exports. On the India-U.S. trade lane, carrier rates have dropped significantly since the end of September. The...
News Roundup: U.S. Retailers Expect Import Slowdown, New Cranes at NY-NJ Port & More
This week: The Port of New York and New Jersey is expected to significantly increase its number of cranes that have the ability to handle ultra-large container ships. Norfolk Southern Railway announced in early October that it would accept more ocean containers at its...
News Roundup: Concerns Over Zero-Emission Regulations In California, A Historic Green Shipping Corridor & More
This week: With aspects of zero-admissions mandates approaching, drayage operators in California say that adequate charging infrastructure is the key. In late September, the ports of Los Angeles, Long Beach and Shanghai announced the first-ever green shipping...
News Roundup: U.S. Ports Report Import Declines, But Optimism Is Rising & More
This week: Containerized imports from Asia have fallen by 21% year over year through August. The Port of Los Angeles saw cargo volumes increase 3% year over year in August. Cargo volumes at the Port of Oakland fell 15% year over year. Blank sailings on the...