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Greek Shipping Giant Warns Panama Canal Chaos May Hit Suez

Congestion at the Panama Canal could result in delays at Egypt’s Suez Canal, possibly affecting cargoes of liquefied natural gas, according to an official at Angelicoussis Group.

November 29, 2023

Shippers to Europe Facing $3.6 Billion Carbon Bill in 2024

Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.

November 21, 2023

Container Shipping Seeing Major Cuts After $364 Billion Boom

The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.

November 14, 2023

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports

DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.

November 13, 2023

Port of Long Beach Gets DOT Grant for Rail Facility Project

The Port of Long Beach will improve and expand several roadways within its Pier B railyard, officials announced on Nov. 3, with a $52.6 million grant from the Department of Transportation.

November 6, 2023

Air and Ocean Freight Deal With Fluctuating Volumes in 2022

2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.

November 3, 2023

Georgia Port Expanding to Become Country’s Largest Auto Port

On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.

October 31, 2023

Port Authorities Look to Make the Right Adjustments

In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.

November 3, 2023

AI Fused With Trade Data Could Smooth Clunky Supply Chains

The dawn of artificial intelligence tools like ChatGPT may revolutionize the way data can be used to ferret out risks and opportunities in the $32 trillion global trading system.

September 5, 2023

East and West Coast Ports Spar Over Who's No. 1

It came as a surprise at the ports of Los Angeles and Long Beach  when the ports of New York-New Jersey said their complex was the busiest cargo container handler in America.

August 15, 2023