Intermodal News - page 4

 

FMC Reveals Plans to Aid Shippers and Improve Supply Chains

Jun 09, 2022

The U.S. Federal Maritime Commission (FMC) said it is establishing three new initiatives that will provide enhanced assistance to shippers, continue to improve legal and regulatory compliance of regulated entities, and focus on remedies to supply chain problems…

FMC Approves $2 Million Settlement Agreement with Hapag-Lloyd

Jun 09, 2022

The Federal Maritime Commission approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG (Hapag-Lloyd) where the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices…

Wilhelmsen Port Services Established

Jun 08, 2022

On June 7, 2022 Wilhelmsen launched its Port Services, according to the company setting a unique course for the future of the ships agency industry and the entire port ecosystem. One of the key steps taken already is to establish and internal incubator for new innovations and solutions…

MARAD Designates Four New Marine Highway Projects

Jun 03, 2022

The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the immediate designation of four new Marine Highway Projects as part of the America’s Marine Highway Program (AMHP). Projects in North Carolina, Alaska…

Port of Baltimore Gets Federal Funding to Improve Rail Infrastructure

Jun 01, 2022

The Helen Delich Bentley Port of Baltimore will receive $15.6 million from the Federal Railroad Administration (FRA) Consolidated Rail and Infrastructure Safety Improvements (CRISI) program for its Rail Capacity Modernization Project. The Project…

Containershipping's Long-term Reefer Rates Soar to All-time Highs, says Xeneta

May 19, 2022

According to the latest crowd-sourced data from Xeneta, long-term rates for reefer containers on the key US West Coast to Far East route soared almost 60% in April.In its report Xeneta notes a surge in rates of around $2000 per 40-ft. unit after the latest 12-month contracts came to a close…

DB Schenker Opens New Terminal in Finland

May 10, 2022

Logistics company DB Schenker said it has opened a new, highly sustainable cargo terminal in Finland for the Tampere region. With this terminal, which is located in nearby Lempäälä, DB Schenker is expanding its green distribution services in Finland…

Startups Apply Artificial Intelligence to Supply Chain Disruptions

May 03, 2022

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food…

Suggestions for Making America’s Marine Highway Program More Effective

May 02, 2022

The America’s Marine Highways Program is one of several grant programs administered by the U.S. Maritime Administration (MARAD) to promote more effective use of the nation’s navigable waterways. This particular program was established by Congress…

Ports Seek Clarity on Next Stage of Brexit Border Processes

Apr 22, 2022

The British Ports Association said it is calling for clarity following recent speculation that the introduction of physical Brexit border checks on EU food and animal product imports will be delayed again.Sanitary and phytosanitary inspections…

Durban Port Functional After Flood Devastation

Apr 19, 2022

South Africa's major port of Durban, where operations were disrupted by severe flooding last week, is now functional and a backlog of thousands of containers will be cleared within five to six days, the public enterprises minister said on Tuesday…

The Supply Chain: As Empty Containers Stack Up in the U.S., Challenges Persist

Apr 19, 2022

According to a recent analysis by Container xChange, one of the many challenges for the supply chain now is the overflowing container depots in the U.S. and the pileup of empties that will push the container prices further downwards in the mid-term…

Reefer Rates Offer First Signs of Easing, says Xeneta

Apr 13, 2022

Despite months of softening on the backhaul North Europe to Far East trade, with rates on the spot market closing in on $1,000 per FEU for normal-dry containers, spot rates for reefer containers on this trade have been stable since early 2021…

Pennsylvania Extends Intermodal Cargo Growth Incentive Program for Ocean Carriers

Apr 04, 2022

Governor Tom Wolf announced that Pennsylvania’s Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania ports, will be extended until July 2023. The…

CMA CGM to Buy Auto Logistics Firm Gefco

Apr 01, 2022

Shipping group CMA CGM is set to buy auto transport company Gefco, French paper Les Echos reported on Friday, citing sources close to the matter.CMA CGM declined to comment.Gefco, in which French-Italian carmaker Stellantis holds a 25% stake…

Logistics News

From Paper to Pixels: Embracing the Digital Logbook

From Paper to Pixels: Embracing the Digital Logbook

Floating Wind to Drive U.S West Coast Port Developments

Floating Wind to Drive U.S West Coast Port Developments

Venezuela's PDVSA Tightens Oil Prepayment Rules

Venezuela's PDVSA Tightens Oil Prepayment Rules

Finance: Investors Become Super-Bullish on Oil

Finance: Investors Become Super-Bullish on Oil

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