News
Portland plans to end container business by October
The port said it was not able to secure an operator for its marine terminal, which was critical to securing further state aid to run the port through the rest of 2024.
Hapag-Lloyd wins Asia-Europe green shipping tender to launch next year
An alliance of global shippers will pool their volume in a two-year deal with the carrier to transport cargo from Singapore to Rotterdam using fuel that produces zero CO2 emissions.
Antwerp-Bruges Q1 throughput shows growth after dismal 2023
But it’s an open question just how long the port’s quarterly volumes can maintain that upward trend with weak economic conditions largely expected to remain in place in Europe this year.
J.B. Hunt Q1 intermodal demand flat despite US import surge
The country’s largest intermodal trucking provider was hit by a see-saw effect in early 2024 as a “dogfight” with truckers in the East balanced import gains in the West.
WSC names government relations director as group’s next CEO
Coast Guard veteran Joe Kramek will succeed John Butler in August as chief executive of the World Shipping Council as US lawmakers continue to push legislation that brings greater scrutiny to the liner shipping industry.
Hapag-Lloyd to target BCO growth in move to ‘rebalance business’
The carrier has pledged to remain loyal to its core container shipping segment but at the same time is rapidly expanding its terminal business and increasing its share of inland transport capacity.
CMA CGM Air Cargo enters key trans-Pacific market amid e-commerce boom
With Asia-Europe services already served by 12 weekly flights out of Paris, the addition of an Asia-US network will fill a crucial gap in the airline’s global coverage.
Activist investor makes leadership, service pitch to NS shareholders
Ancora Holdings is trying to unseat Norfolk Southern’s current leadership in part because of mistakes it believes the railroad’s executives have made in the intermodal business.
New risk factor flares in Middle East after seizure of MSC Aries by Iran
The taking of the container ship and its crew by Iranian forces comes as Red Sea attacks on shipping by Tehran-backed Houthi rebels in Yemen have forced virtually all commercial vessels to divert around southern Africa.
Large loads to Europe stranded in Indian ports after MSC Aries seizure
According to local port berthing updates, the Aries had an estimated time of arrival in Nhava Sheva of April 16, with some 2,400 containers planned for loading out of the port.
US freight demand still soft but ‘broadly consistent’: Cass
There are signs of growth in the latest Cass Freight Index, but US transportation markets lack a catalyst that would accelerate volumes.
HMM unveils ambitious plan to double container fleet, capacity by 2030
The carrier’s expansion strategy also includes further investment in container terminals and doubling its bulk shipping capacity.
Threat of pro-Palestinian demonstration shuts Oakland’s marine terminals
All four container terminals at the Port of Oakland were closed for the day shift on Monday as demonstrators protesting the war in Gaza shut down a nearby major freeway and threatened to picket at the port.
Gemini’s ‘hub-and-spoke’ model aims to eliminate blank sailings: Hapag-Lloyd
The new partnership expects to have enough containers positioned at its major hub ports to keep ships full on its mainline trades, thus eliminating the need to unexpectedly cancel a voyage due to a lack of demand.
BigLift, CY Shipping expand heavy transport capacity with new orders
The global energy buildout in renewables and oil and gas has spurred the heavy-transport partners to order two new carriers.