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Category: Shipping


Shipping

How trucking costs reached a new high in 2023

July 11, 2024

Via: Transport Dive

The cost of trucking reached a new all-time high in 2023 at $2.27 per mile, according to an annual report from The American Transportation Research Institute. The increase, though, was less than 1% and subdued by declining fuel costs, which […]


Shipping

More boxships sold as Red Sea crisis continues

July 11, 2024

Via: Container News

The Red Sea crisis has rejuvenated the sales and purchases of container ships as vessel demand soars, according to Alphaliner’s latest report. Some 141 ships of 572,600 TEUs were bought and sold between January and June, an average of 23 […]


Shipping

Container shipping will be hit hardest by upcoming FuelEU Maritime regulation

July 9, 2024

Via: Splash 247

New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming FuelEU Maritime regulation, the sector likely to account for nearly a third of all payouts. The financial impact of FuelEU Maritime, which comes into […]


Shipping

Study: Low-pressure CO2 ship transport chain is technically feasible

July 8, 2024

Via: Offshore Energy

The CO2 Efficient Transport via Ocean (CETO) joint industry project (JiP) concluded recently with the release of the report setting out the findings of the Technology Qualification performed in the study. CETO was funded by the project partners and Gassonova […]


Shipping

US lawmakers mull port fee to fight China’s shipbuilding dominance

July 5, 2024

Via: Container News

A union proposal seeking to blunt China’s growing dominance in the maritime, logistics and shipbuilding sectors is finding bipartisan support among U.S. Congressional lawmakers, based on remarks made at a recent U.S. House of Representatives committee hearing. The Congressional hearing, […]


Shipping

Trucking firms add automated scheduling software

July 3, 2024

Via: Transport Dive

Making appointments to pick up loads had been a difficult task to automate, but Qued software has helped save R.E. Garrison roughly 60 hours in staff time during its first two months of use, according to the release. Qued’s software […]


Shipping

US Congressional provision wary over China’s dominance in container production passes

June 21, 2024

Via: Container News

US congressional lawmakers continue to ramp up efforts to scrutinize the nation’s use of shipping containers produced by China, with US House Representative and South Dakota Republican Dusty Johnson including a provision in the latest defense bill calling for Congress […]


Shipping

Truckload producer pricing index falls in May

June 20, 2024

Via: Transport Dive

While percent changes in this area have remained negative, the most recent monthly data suggested further stability. But despite positive changes, such as May payroll jobs figures, market challenges still persist, and FTR expects its own trucking conditions index to […]


Shipping

NWSA reports container volume increase

June 19, 2024

Via: Container News

The Northwest Seaport Alliance (NWSA) announced that the total volume has risen by 8.2% since the start of the year, reaching 1,235,446 TEUs, compared to the same period last year. Full imports have seen a 12.5% increase, while full exports […]


Shipping

Port of Long Beach sees 8.2% cargo decline in May

June 14, 2024

Via: Container News

Shifting trade routes and cancelled voyages resulted in a decline in cargo at the Port of Long Beach in May. Dockworkers and terminal operators handled 695,937 TEUs last month, an 8.2% decrease from May 2023. “I am confident we will […]


Shipping

DHL eCommerce to invest in Dallas/Fort Worth distribution center

June 13, 2024

Via: Transportation Today

DHL eCommerce announced recently that it had invested $57.5 million in a new location near the Dallas Fort Worth International Airport. The company, a division of DHL Group, said it had relocated from its previous location in Grand Prairie, Texas […]


Shipping

U.S. container imports to surpass 2 million TEUs for next 7 months

June 13, 2024

Via: Container News

The Global Port Tracker report, released jointly by the National Retail Federation (NRF) and Hackett Associates, forecasts that monthly inbound cargo volumes at U.S. major container ports will reach their highest levels in nearly two years this summer. According to […]


Shipping

Innovate BC tests zero and low-emission trucks at Port of Prince Rupert

June 12, 2024

Via: Container News

Through an Integrated Marketplace project led by Innovate BC, new zero and low-emission heavy-duty (HDZEV) trucks will be integrated into operations at the Port of Prince Rupert. This initiative aims to reduce greenhouse gas emissions and promote sustainability in British […]


Shipping

Baltimore port entirely open to shipping again

June 12, 2024

Via: Container News

Baltimore Port’s shipping channel fully reopened on 10 June, more than two months after Francis Scott Key Bridge collapsed following an allision with box ship Dali. The channel restarted operations after the US Army Corps and US Navy Supervisor of […]


Shipping

Baltimore shipping channel reopens 11 weeks after Key Bridge collapse

June 11, 2024

Via: FreightWaves

The main ship channel to the Port of Baltimore has been fully cleared of debris and was reopened Monday evening, 11 weeks after a cargo ship lost power and struck the Francis Scott Key Bridge. The Fort McHenry Channel had […]


Impact & Regulations, Shipping

Ammonia-fueled marine engine cuts CO2 emissions by 50%

June 10, 2024

Via: Tech Xplore

MW-class marine engine combustion technology that uses ammonia—a future renewable energy source—as fuel will be applied on-site for the first time in Korea. A ship engine fueled by ammonia is expected to accelerate its competitiveness in the global market, which […]


Shipping

Metallica’s eco-friendly tour and the future of sustainable trucking

May 30, 2024

Via: FreightWaves

Remember “Fuel,” that iconic anthem by Metallica that celebrated the raw power of gasoline? I remember as I was rocking out to this song from the 1997 “Reload” album while I was in New Zealand driving an old beat-up Toyota […]


Shipping

Northern Air Cargo to discharge 18 pilots on Hawaii route

May 30, 2024

Via: FreightWaves

Northern Air Cargo will furlough 18 pilots as a result of its recent decision to close down the route between Los Angeles and Honolulu operated on behalf of sister airline Aloha Air Cargo, according to a company official. FreightWaves reported […]


Shipping

Marine insurer: Risks to maritime industry changing at unprecedented speed

May 29, 2024

Via: FreightWaves

The flow of trade will always find a way to circumvent risk. It has to. Trade at rest is not making money. The freedom of navigation lifts the global economy. It also comes with massive risk that in the end […]


Shipping

Poor trailer space utilization continues in 2023

May 23, 2024

Via: FreightWaves

Flock Freight recently released its yearly study, which looks at how market conditions are affecting the industry in partnership with Drive Research. The report is based on survey data that included 1,000 transportation decision makers from various industries. The study […]