The IMO’s recent Meeting of the Environmental Protection Committee (MEPC 82) ended without a clear decision on the Carbon Intensity Index (CII), although there is growing support for a flat fee per tonne of CO2 emitted. Delegates said the current rules unfairly penalize waiting times in ports, a crucial factor to consider for shortsea and
Experts at the Journal of Commerce’s Inland Distribution Conference 2024 (Inland24) shared that the U.S. economy is expected to decelerate in 2025, with surface freight markets remaining soft. Paul Bingham, director of global intelligence and analytics for S&P Global Market Intelligence, said that strong consumer spending would not continue if unemployment and consumer debt continue
The potential strike by East and Gulf Coast port workers is already affecting U.S. trucking networks. To avoid delays, shippers are moving goods earlier, increasing demand on trucking and tightening capacity. If it lasts more than a few days, the impact from the strike will be more severe and affecting areas much further inland from
In preparation for a possible dockworkers’ strike on October 1, several major ports along the U.S. East and Gulf are implementing contingency plans, extending terminal hours and setting deadlines for operations. The Port of Virginia has announced its shutdown schedule for cargo operations on September 30. The last inbound train delivery is scheduled for 8am.
The fallout from a potential strike on the U.S. East and Gulf coasts will be considerable, and the consequences of the disruption will be felt into 2025. Peter Sand, chief analyst at Xeneta, warned ships en route to the ports could be stuck at U.S. East and Gulf Coast anchorages. He pointed out that many
Australia has added stricter security regulations for air cargo originating from Europe and CIS countries. Starting September 26, cargo on passenger planes to Australia is required to only be tendered from shippers with an Established Business Relationship (EBR) with forwarders. Forwarders have voiced their concerns in meeting the new special security directions. The changes will
HSBC predicts that if dockworkers on the U.S. East and Gulf Coast strike on October 1, it could impact 15% or 4.6 million TEUs of the global container fleet and 54% of U.S. container imports. The International Longshoremen’s Association (ILA) plans to strike unless a new agreement is reached with the U.S. Maritime Alliance (USMX)
Several ports along the U.S. East and Gulf coasts have announced contingency plans in response to a potential dockworker strike starting October 1, 2024. The International Longshoremen’s Association (ILA) has stated it will not extend its current contract with the United States Maritime Alliance (USMX) after it expires on September 30. The Georgia Ports Authority
Container News conducted a study on the rise of new shipping services and alliances, focusing on ports in Southeast Asia and Africa. The study focused on countries drawing major investments and poised to become key trade hubs as global maritime competition intensifies. Key ports evaluated included Haiphong and Ho Chi Minh, Vietnam; Laem Chabang, Thailand;
[CHATHAM, NJ] — Shipco Transport Inc, a neutral NVOCC, has announced the promotion of Christine Solorzano to the role of President USA, Shipco Transport. Formerly the Executive Vice President for the Americas region, Solorzano has over 25 years of experience in logistics operations. “Christine’s career is a testament to her resilience and expertise, and her rise through the ranks
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