News

24.01.2022

OOCL doubles annual revenue amid ‘severe congestion’

Average revenue OOCL earned per TEU grew 142 percent year over year in the fourth quarter of 2021. Photo credit: Shutterstock.com. Ocean carrier OOCL more than […]
24.01.2022

Proposed legislation would tighten US de minimis rules

Shipments of de minimis goods have exploded as more sites allow US shoppers to reach overseas sellers more easily. Photo credit: Shutterstock.com. Legislation introduced in the […]
24.01.2022

Receding imports to ease US port congestion, but not until late 2022

IHS Markit expects US GDP to grow 4.1 percent in 2022 following a 5.7 percent increase in 2021. Photo credit: Ritu Manoj Jethani / Shutterstock.com. The […]
24.01.2022

Ocean carriers warn of ‘corrupting’ changes to EU emissions rules

All shipping emissions from intra-Europe vessels will be included in the ETS, and 50 percent of the emissions from extra-Europe voyages, in a measure to be […]
24.01.2022

Ocean carriers warn of ‘corrupting’ changes to Europe emissions rules

All shipping emissions from intra-Europe vessels will be included in the ETS, and 50 percent of the emissions from extra-Europe voyages, in a measure to be […]
24.01.2022

Savannah project reflects growing premium for US berth space

Garden City Terminal’s annual berth capacity will expand from about 6 million TEU to more than 7.5 million TEU when the expanded Berth One comes back […]
24.01.2022

Trucking tech startup shifting from factoring to ‘full-fledged bank’: CEO

Nebraska-based BasicBlock initially set out to enable drivers to more easily convert load documents into a digital format to speed incoming payments. Photo credit: Shutterstock.com. Trucking […]
22.01.2022

Charleston port congestion could take six weeks to clear

Two weeks ago, there were 5,000 containers sitting in Charleston’s Wando Welch Terminal for more than 15 days; today, there are 7,000, almost one of out […]
22.01.2022

Yard congestion forces Shenzhen port terminals to meter container in-gating

Yantian International Container Terminal (YICT) in the Port of Shenzhen handles approximately 25 percent of trans-Pacific exports from China. Photo credit: Druid007/Shutterstock.com. Shippers moving goods through […]
21.01.2022

Shipping lines slow to adopt their own data standards: JOC webcast

The head of the Digital Container Shipping Association is urging shippers to press their container line partners to adopt the standards the association has developed over […]