News

31.03.2022

Lack of equipment spurs rail crisis at West Coast ports

A shortage of intermodal rail assets started in Los Angeles-Long Beach last month and has spread quickly to Oakland and Seattle-Tacoma. Photo credit: Shutterstock.com. Fearing that […]
31.03.2022

Cosco banks $16 billion in ’21 net profit, but warns of market uncertainty

Cosco Shipping joined its peers in producing a highly profitable 2021 annual result. Photo credit: HHLA. Cosco Shipping Holdings Thursday reported 2021 net profits of $16 […]
31.03.2022

Shanghai airport effectively closed as freight backlog builds amid COVID lockdown

There are not many aircraft or air freight moving at Shanghai Pudong airport as COVID-19 restrictions bring cargo handling operations to a standstill. Photo credit: Shutterstock.com. […]
31.03.2022

Outcome of West Coast labor talks seen as a ‘coin toss’

Uncertainty over West Coast labor talks has been too much for many shippers who have already endured historically lengthy port delays for over a year and […]
31.03.2022

Procurement software vendor rides market upheaval to new investment

Shipsta’s founders believe about 90 percent of global logistics spend is managed through email and shared spreadsheets. Photo credit: Shutterstock.com. Freight procurement software provider Shipsta on […]
30.03.2022

Marine terminals look for shipper data to clear backlogs

Port operators say they could coordinate truck operations better with shippers. Photo credit: Shutterstock.com. Even as thousands of containers flood their berths every day, marine terminal […]
30.03.2022

Critical US West Coast contract talks to start May 12

West Coast longshore contract negotiations will begin in an environment where the already-stressed transportation supply chain cannot tolerate further disruption. Photo credit: Shutterstock.com. Contract negotiations between […]
30.03.2022

Savannah expansion projects receive influx of cash

Congestion clogged the Port of Savannah last September with as many as 30 vessels anchored awaiting a berth, but the port overcame the issues and restored […]
30.03.2022

Easing container, truck rates bring cold comfort to shippers

Asia–US West Coast container spot rates, as measured by Drewry, had fallen 11 percent by late March from Lunar New Year. Photo credit: Shutterstock.com. The slight […]
30.03.2022

New project44 product highlights port congestion data

project44’s new product, Port Intel, shows the need for supply chain managers to access real-time port dwell time and vessel count information. Photo credit: Shutterstock.com. Freight […]