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Port of Baltimore closed indefinitely to ships after 1.6-mile Key Bridge collapses following maritime accident
March 26, 2024
The most severe U.S. bridge collision since the Tampa Skyway Bridge disaster in 1980 happened at 1:30 a.m. Tuesday near Baltimore where a 32,000-ton cargo ship Dali rammed a bridge over the Patapsco River in Baltimore, causing it to collapse. The collapse of the 47-year-old, 1.6-mile Francis Scott Key Bridge has brought ship traffic at the Port of Baltimore, an important East Coast trade hub, to a halt. The port said maritime traffic is suspended “until further notice.”
When Your Supply Chain Swims All Over the World
January 23, 2024
When Your Supply Chain Swims All Over the World. Tuna fish supply chain interview with Jill Donoghue, Vice President at Bumble Bee Foods
More Measures Instituted as Drought Continues to Impact Panama Canal
November 14, 2023
Ongoing drought conditions continue to impact the ability of large cargo ships to quickly traverse the Panama Canal.
2023 Container Shipping Outlook: This Time is Different
May 24, 2023
The period from mid-2020 to the fourth quarter of 2022 was a high-water mark for the container shipping industry, and with it came unprecedented turmoil, disruption, and prosperity, and that period was, above all, a period of extremes: extreme rate rises, extreme container and labor shortages, extreme delays, extreme congestion, and extreme chaos for exporters and importers alike, this time it's different.
Ocean Cargo: Stormy seas ahead for carriers
February 2, 2023
After posting another record year of profits, worldwide recessionary and inflationary pressures are now chipping away at ocean carrier fortunes. As far as rates are concerned, our analysts suggest that shippers and freight forwarders will be able to do a little window shopping this year.
Quest for Quality 2022: Ocean Carriers
August 15, 2022
Ocean freight carrier service stars on the high seas.
U.S. Senate approves Ocean Shipping Reform Act, bill to head to conference
April 4, 2022
The Ocean Shipping Reform Act (OSRA) took another step on its course to being signed into law, with the United States Senate late last week unanimously voted to sign off on it on a voice vote. The bill will head back to the House of Representatives, with the expectation it will head to President Biden’s desk to be signed into law, following conferencing between the House and Senate on differences that need to be hammered out between the chambers.
2020 Top 30 Ocean Carriers: Higher profits as demand ramps up
October 5, 2020
Industry experts maintain that ocean carriers may have finally figured out how to make money this year, as sluggish demand last summer made sustainable pricing more important than ever. Shippers now can’t afford to miss vital bookings this peak
season, thereby committing to contracts early.
Quest for Quality 2020: Ocean Carriers
August 7, 2020
World-class service in spite of historic challenges.
2020 State of Logistics: Ocean Cargo
July 10, 2020
Global shippers disappointed in the ocean cargo fleet performance
Top 30 Ocean Carriers: Complex scenario undermines confidence
October 7, 2019
Forecasted disrupters such as Brexit and the U.S.-China trade war are putting more pressure than ever on ocean cargo carriers. Add in the complexity of IMO 2020 and an early start to the Lunar New Year and the complexity multiplies.
2019 Ocean Cargo Roundtable: Past is prologue
August 12, 2019
The ocean cargo industry has been characterized of late as being plagued by cultural dysfunction, keeping it mired in a sea of debt and service constraints. Our maritime experts reflect on how systemic change may lead to recovery.
Ocean Carriers Quest for Quality 2019: Top service during challenging times
August 1, 2019
Learn about the 36th Annual Quest for Quality Award winners for Truckload (TL) Carriers
CMA CGM heralds service additions to the Ocean Alliance
January 17, 2019
The Ocean Alliance, a collective ocean carrier concern comprised of COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Limited (OOCL) introduced a new offering this week, entitled the Ocean Alliance Day 3 Product.
Port of Los Angeles and Port of Long Beach each set volume records in October
November 16, 2018
October volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) saw strong growth, according to data respectively issued by each port this week.