COVID-19 has hit the vehicle carrier market hard. The world vehicle demand has dropped by c.35%. Consequently, shipping these vehicles has fallen considerably.The only order to take place earlier this year is one from NYK line for a large LCTC for $95 million…
For U.S.-flag shipping on the Great Lakes, 2019 was a good year. Total cargos were 90 million net tons, up 7.5% over 2018 and 4.6% over the five-year average. 49.7 million net tons of iron ore were shipped, up 8.5% over 2018 and 11.7% over the five year…
The only orders to be placed since the beginning of the year are from OOCL and Great Horse China for a combination of 7 ULCV’s ranging in size. This is a drop of 86% compared to this time last year and can only be due to the Covid-19 outbreak…
As the coronavirus pandemic reaches deep into Brazil’s Amazon, a ceaseless stream of trucks carry soybeans and construction workers to an expanding port complex in the heart of the forest.Indigenous activists have opposed the Itaituba port in Pará state for nearly a decade…
At the end of 2019 – December 27, to be exact – the US Department of Transportation, Office of the Secretary – filed a request for information regarding the development of a National Freight Strategic Plan (NFSP), required by the multi-year federal transportation bill…
New Zealand's state-owned KiwiRail has issued a request for proposal to find a preferred shipyard to build two new RoPax ferries for operator Interislander.The international tender follows a NZ$400 Million (US$256.1 million) contribution to…
Florida International Terminal announced Justin Weir has been appointed as the port's new General Manager.Weir has over 20 years’ experience in the industry, including previous roles in New Jersey and Los Angeles, where he has been in charge of business performance…
The North Carolina State Ports Authority set a new record for refrigerated container volume. North Carolina Ports moved 1,459 refrigerated containers – 2,918 20-foot equivalent units (TEU) – through the Port of Wilmington during the month of April…
Monthly cargo volumes at Port Houston declined in April as the coronavirus outbreak continued to impact commerce in the U.S. and across the world.Port Houston, the 6th largest container port in the U.S., handled a total of 221,540 twenty-foot equivalent units (TEUs) in April…
China’s exports and imports are expected to record double-digit declines in April after a tentative recovery in March as the coronavirus pandemic batters global demand and disrupts manufacturing supply chains, a Reuters poll showed on Wednesday…
China is the Port of Hamburg’s most important trade partner. Hamburg serves as the gateway to Europe for Chinese goods. Along with handling ocean shipping, the port city is also an important railway hub for transports to and from China. The…
Taylor Machine Works, Inc. launched the XHRS-1000, a new model in its material handling equipment portfolio purpose-built to handle containers in the unique lift situations that barge applications present.Hal Nowell, Director of Sales of Taylor Machine Works…
Crowley Logistics joined Caribbean Produce Exchange, Inc. (CPE), a Puerto Rico distributor of fresh produce and consumer products, and Puerto Rico farmers to ship a container filled with fresh fruits, plantains and other “Son de Aquí” local…
Pandemic Gripping Tight, Tough Days Ahead for the Logistics IndustryWith the logistics industry enjoying a boom since 2018, the regular picture at shipping docks on working days involved a lot of commotion. People yelling, cargos waiting to be unloaded…
The U.S. Federal Maritime Commission voted to temporarily allow parties to file service contracts up to 30 days after they take effect, as a measure to relieve COVID-19 impacts to the supply chain.The Commission published an order today making…
