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Biden to Meet With CEOs on Supply Chain Amid New COVID Threat

Nov 29, 2021

President Joe Biden planned to meet with chief executives of major retailers and other companies on Monday to discuss how to move goods to shelves as the U.S. holiday shopping season begins in the shadow of the Omicron coronavirus variant.Biden…

White House Lauds Easing of Supply Chain Clogs, Cites Shipping Competition Concerns

Nov 18, 2021

The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in a global shipping sector dominated by three alliances of ocean carriers…

Plaquemines Port and APM Terminals Ink Operating Agreement

Nov 18, 2021

Plaquemines Port, Harbor and Terminal District (PPHTD) and APM Terminals have announced a Letter of Intent whereby APM Terminals will become the operator of the newly planned Container Terminal and Intermodal Rail Facility and external parties will be the investor in the new port…

Floods Cut Rail Access to Canada's Vancouver Port

Nov 16, 2021

The port of Vancouver, Canada's largest, said on Tuesday that all rail access had been cut by floods and landslides further to the east, a development that could hit shipments of grain, coal and potash.The Globe and Mail newspaper said a mudslide had swept cars off the road near Pemberton…

As Port of Los Angeles Import Backups Ease, Empty Containers Pile Up

Nov 16, 2021

The number of container ships waiting to enter the busiest U.S. seaport complex hit a new record of 84 on Tuesday, as growing piles of empty containers crowd docks at the Southern California facility that has been racing to remove lingering imports…

MSC Adopts Standardized Depot Codes

Nov 16, 2021

MSC Mediterranean Shipping Company (MSC) announced it has fully adopted BIC Facility Codes (BFC) for all depots globally. Just like airports worldwide have the three letter IATA codes, all MSC’s depots are now identifiable with a nine-character BFC…

Port of Hamburg Sees Volatile Transport Chains for Rest of Year

Nov 16, 2021

Europe's third largest harbor, the German Port of Hamburg, reported a 2.9% hike in sea cargo in the first nine months of 2021 on Tuesday but warned that global transport chains would remain volatile for the rest of the year.Global trade has…

WTO Says Goods Trade Slowing Due to Supply Issues, Cooler Demand

Nov 16, 2021

Global goods trade is slowing after a sharp rebound following the initial shock of the COVID-19 pandemic as production and supply disruptions and cooling demand for imports dampen growth, the World Trade Organization said on Monday.The WTO said its goods trade barometer dropped to 99…

CULines makes inaugral call at DP World's Jebel Ali Port

Nov 16, 2021

DP World's Jebel Ali Port received China United Lines Ltd. (CULines) first vessel to call Middle East by welcoming MV CUL HUIZHOU. Arriving from Qingdao in China, the vessel reached the port in the UAE on 27 October 2021.The vessel and its crew…

FMC Examining How Data Can Improve Ocean Cargo Velocity

Nov 15, 2021

The U.S. Federal Maritime Commission (FMC) said it has set out to identify data constraints that impede the flow of ocean cargo and add to supply chain inefficiencies as severe bottlenecks continue to hamper global supply chains.Launched at the direction of FMC Chairman Daniel B…

Biden Names Landrieu to Oversee Infrastructure Plan

Nov 15, 2021

President Joe Biden named former New Orleans Mayor Mitch Landrieu to oversee implementation of the $1 trillion infrastructure plan, the White House said on Sunday.Landrieu, also a Democratic former Louisiana lieutenant governor, led New Orleans from 2010 to 2018…

Vestas Partners with Maersk on Containerized Transport

Nov 10, 2021

Wind turbine manufacturer Vestas and shipping giant Maersk have formed a long-term strategic partnership for all containerized transport, including door-to-door transport from the company's suppliers to their factories and service warehouses…

US FTC to Consider Study on Supply Chain Concerns

Nov 10, 2021

The U.S. Federal Trade Commission will vote next week on whether it will study if supply chain disruptions have affected competition, the agency said in a statement describing the agenda as tentative.The meeting will be held on November 18, the statement said…

Strong Demand, Supply Chain Strain Persist, says Xeneta

Oct 29, 2021

Ocean carriers remain in pole position in negotiations for long-term freight contracts, with high demand, port congestion, and supply chain disruption driving further rates increases. According to the Xeneta Shipping Index (XSI) Public Indices…

Finnlines to Debut Larger Ship on Kapellskär - Naantali Route

Oct 28, 2021

Finnlines will introduce a larger vessel on the Kapellskär – Långnäs – Naantali route on January 27, 2022, increasing cargo footage capacity by an additional 1200 meters. The larger RoPax ferry MS Europalink will replace the current MS Finnfellow on the route…

Logistics News

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

New Study Offers Safety Recommendations for Green Shipping Corridors

New Study Offers Safety Recommendations for Green Shipping Corridors

SAMPOL Awarded Shore Power Contract from Port of València

SAMPOL Awarded Shore Power Contract from Port of València

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