A new strategic rail initiative aims to further expand the market reach of the Port of Savannah not only throughout the Southeast but also the Midwest.
The 43rd South Carolina Trade Conference (SCITC) held at the Wild Dunes Resort on the Isle of Palms, September 12-14 was for the attending delegates (a full house) a lesson in business friendly politics.
Industry leaders warn that 2017 could be a tough year for domestic transportation. As states and the federal government tighten regulations on clean trucks, hours of service and comprehensive driver training, the effects will be felt throughout the trucking community.
The departure of Port of Long Beach CEO Jon Slangerup comes at a time when the port is facing a number of challenges related to the downturn in international trade, the cost of capital improvement projects and the implementation of a new energy program.
The transport community is reeling from last week’s unexpected bankruptcy. Containers are stranded at ports worldwide. Ships lay at anchor, embargoed from terminals that fear they will be seized and held once docked.
In the name of operational efficiency and improved service, COSCO, CMA CGM, China Shipping, Evergreen and OOCL agreed this spring to enter into a consortium they would simply call “the Ocean Alliance”.
The bankruptcy of Hanjin Shipping Company will have long-term disruptions within the global supply chain and freight rates for imported containers to the United States may rise as much as 54%, according to one report.
Commercially approved carriers provide the backbone of service for the Department of Transportation (D.O.T.) and the Department of Defense (D.O.D) U.S. Transportation Command. They serve Jones Act trade routes and play an important part in moving material and equipment when U.S. Flag Carriage is required. What’s happening in the industry?