Ports Report High Volume as Holiday Shopping Gears Up
As the nation’s retailers and shoppers gear up for the holiday shopping sprint, two of the nation’s busiest ports, Los Angeles and Long Beach, say they are making progress clearing up the tens of thousands of shipping containers that have been backlogged at their facilities.
Container Shipping Rates May Take Two Years to Fall to Normal
Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.
Zero-Carbon Shipping Plan Targets Container, Iron Ore Routes
Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.
Shipping Firms Seek Investments in Technology to Cut Emissions
GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.
November 5, 2021Ship Queues Worsen Port Delays From Singapore to Greece
The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.
Holiday Shopping Season Will Test Supply Chain, Experts Say
With shoppers already starting to purchase gifts and other items earlier than usual for the upcoming holiday season, concerns are growing that the already strained international supply chain will not be able to handle the crush of goods.
Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains
As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.
Ship Owner Says Commodity Freight Rates Close to Going Parabolic
An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring an unprecedented surge in costs for transporting manufactured goods.
Storms From Texas to China Set to Worsen Global Ship Snarls
Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature.
Pacific, Atlantic Ports Report Strong June Volumes
More than six months into the economic recovery, the nation’s ports on the Pacific and Atlantic coasts continue to see record or near-record cargo loads, and port officials and economists forecast the substantial numbers likely will continue well into 2022.