While there are many layers to the continued container shipping supply chain woes, and the U.S. Federal Maritime Commission has set its sites on the nuisance of empty containers clogging traffic, on the heals of FMC Chairman Maffei's visit to the Port Authority of New York/New Jersey…
Shipping group A.P. Moller-Maersk said on Friday it had agreed to buy Danish logistics company Martin Bencher Group in a deal valued at $61 million.'Martin Bencher will be an excellent fit to Maersk and our integrator strategy, strengthening…
Rio Tinto's Guinea subsidiary has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government, paving the way for work to resume on the world's largest undeveloped iron ore project.The joint venture (JV)…
Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI)…
Marine terminals at California's Port of Oakland reopened for regular weekday hours on Monday after independent truckers formally ended a week-long protest of the state's new 'gig worker' law that stranded cargo on ships, docks and warehouses…
Long queues of holidaymakers and lorries built up on Saturday outside the Port of Dover, Britain's main gateway to Europe, and officials said the disruption could be worse than the logjam seen on Friday.Travelers setting out at the start of the British school summer holidays…
Independent truckers protesting California's new 'gig worker' law blockaded California's third-busiest seaport for the third straight day on Friday, delaying shipments at the state's top agricultural export hub and adding to U.S. supply chain headaches…
Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers to operate.Drivers picketed…
Railroads and importers must remove cargo that is stacking up at the nation's busiest seaport in Los Angeles to avoid exacerbating supply chain congestion, the port chief said on Wednesday.'We must take action on this issue immediately to avoid a nationwide logjam…
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…
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…
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…
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…
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…
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…
