News

08.02.2022

Container tracking provider Traxens funnels investment into acquisition

Traxens plans to intensify sales efforts in the US, South America, and Asia and build new relationships with container lessors, insurance companies, and transportation management systems […]
08.02.2022

Rebounding vehicle production highlights looming landside labor shortages

Total US new vehicle sales are expected to grow 1.3 percent in 2022, according to online car dealer Edmunds. Photo credit: Shutterstock.com. Automobile manufacturing is in […]
08.02.2022

Hapag-Lloyd staying the course on core shipping strategy: CEO

Hapag-Lloyd plans to spend its huge 2021 profit in three main areas: paying shareholder dividends, expanding the carrier’s vessel fleet, and investing in terminal assets. Photo […]
08.02.2022

Patrick Terminals-dockworkers pact brings peace to Australian waterfront

Under the deal with Patrick Terminals, Australian dockworkers will receive an initial 4 percent pay raise followed by a hike of either 2.5 percent or a […]
08.02.2022

ILA-USMX engage in informal communication on possible contract extension

Ports on the East and Gulf coasts, amid relative labor peace, have taken container market share away from the West Coast over the past 15 years. […]
07.02.2022

New container slots, pop-up storage help Savannah navigate rising dwells

There were as many as 30 vessels anchored outside Savannah last September; now vessels may have a short wait to get into the harbor. Photo credit: […]
07.02.2022

Flexport’s valuation soars amid latest venture capital infusion

Flexport’s revenue reportedly grew from $1.3 billion in 2020 to $3.3 billion in 2021, and its eastbound trans-Pacific volume growth outpaced the market. Photo credit: Shutterstock.com. […]
07.02.2022

FMC seeks input on proposed per-diem fee rules

Lack of container return locations and inaccurate information about when containers are available are key issues that have resulted in billing disputes between carriers and shippers. […]
07.02.2022

Ro/ro volumes surge at NWSA as cargo shippers flee container chaos

Breakbulk cargo, including high and heavy ro/ro, grew 25.6 percent in 2021 at the Northwest Seaport Alliance. Photo credit: NWSA Port congestion and high container rates […]
05.02.2022

Philadelphia port secures new state funding for modernization work

JOC Staff | Feb 04, 2022 4:01PM EST The Port of Philadelphia handled 739,323 TEU last year, up 15 percent from 2020. Photo credit: Port of […]