containers

May was a record month for container volumes at JAXPORT, the Florida port serving the greater Jacksonville area and beyond. Total container movements rose by 37% year-over-year in May to more than 128,900 twenty-foot equivalent units (TEUs), beating a previous record of 123,700 TEUs set in October...

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The Port of Los Angeles on Thursday became the first port in the Western Hemisphere to process 10 million container units in a 12-month period. LA Mayor Eric Garcetti, longshore labor leaders and port officials were among those gathered at the Fenix Marine Services Terminal to watch as the 10...

In a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs). "Charter rates for short employment … have gone out...

The digital revolution has changed the way the world does business. That change has been more evident and more rapid than ever before over the past year as all industries grapple with the challenges of COVID-19. Container shipping is no exception to the digital revolution, but the pace and benefits...

The Georgia Ports Authority (GPA) reported this week the Port of Savannah had achieved its busiest April on record and its second-busiest month ever. The busiest occurred just one month earlier. The Port of Savannah handled 466,633 twenty-foot equivalent units (TEUs) in April, a 38% increase — or...

Hapag-Lloyd has increased its container order by 60,000 twenty-foot equivalent units (TEUs). "The sharp increase in demand has led to a shortage of containers across the world. Severe imbalances — such as with exports from Asia but also owing to congestion in ports and delays in hinterland...

As the effects of the coronavirus continue to spread throughout the supply chain, American shippers, freight forwarders and draymen want the U.S. Federal Maritime Commission (FMC) to quickly finalize and publish its interpretive rule for what constitutes the fair assessment of detention and...

The shift of container shipping services toward U.S. East and Gulf Coast ports and away from West Coast ports is far from over, according to industry veteran John McCown, founder of Blue Alpha Capital and former CEO of liner company Trailer Bridge. During a discussion presented by investment bank...

Drewry Shipping Consultants says that if container carriers "refrain from returning too much capacity, there is a reasonable hope for higher freight rates as we approach Black Friday (Nov. 29) and Christmas sales." Simon Heaney, senior manager for container research at Drewry, says Christmas...

The Port of Los Angeles Harbor Commission has unanimously voted to certify a final supplemental environmental impact report (SEIR) for the berths 97-109 (China Shipping) container terminal project. Gene Seroka, the executive director of the port, said that certification of the report was "...

Break bulk is a shrinking market. Pure-play break bulk operators are being squeezed as governments and seaport operators around the world boost local infrastructure while ro-ro, box ship and dry bulk operators simultaneously try to grab market share. At one end of the break bulk market are crane-...

One way to measure the health of global trade is to follow ocean shipping rates, on the assumption that higher rates equate to higher cargo demand. Another way is to watch the number of marine containers in global circulation – a leading indicator that can flash early signals on market conditions...

American Trucking Associations (ATA) praised the fact that 53-foot intermodal containers won't be subject to the next round of Section 301 tariffs on China. The Office of the U.S. Trade Representative deleted the goods from the next planned tranches of trade measures to take effect September 1 and...

Transportation management systems (TMS) are among the most powerful tools available to fleets and shippers alike, but many users fail to capture the full power of their systems. Why? Most often it is because they fail to understand what a TMS can do, what it can't do and what they want it to do...