At IANA meeting Jensen says ocean freight rates will continue downwards but stay above 2019 levels
Speaking at the Intermodal Association of North America’s (IANA) Intermodal Expo on September 13th at Long Beach, California, Lars Jensen, CEO and partner, Vespucci Maritime based in Copenhagen, Denmark expects ocean container shipping rates to continue to decline in 2022 but predicts that they will eventually end up above 2019 levels.
Trucking industry challenges and solutions
From congested ports to empty shelves at the supermarket, it’s clear that many goods aren’t getting where they need to be on time. The challenges in the trucking industry certainly have contributed to this, but what exactly are the major issues the industry is facing and, more importantly, what can be done to solve them?
Pasha boasts new LNG powered George III will substantially reduce emissions
With the arrival of Pasha’s new George III at the Port of Oakland on August 31st, Ed Washburn, Senior Vice President Fleet Operation, Pasha Hawaii, said the LNG powered ship will substantially reduce or eliminate emissions compared to conventional diesel-powered ships.
Ernst & Young says Jones Act carriers provided reliable Puerto Rico service during COVID
An Ernst & Young report found that U.S. Jones Act ocean carriers provided Puerto Rico more reliable and more cost consistent services during the COVID supply chain disruptions than was provided by global ocean carriers to their customers.
MPC Container Ships, North Sea Container Line and Elkem trailblaze new methanol powered container ships
Oslo, Norway-based MPC Container Ships (MPCCS) has announced that it is partnering with North Sea Container Line (NCL) and materials producer Elkem on an order for two 1,300 TEU ‘carbon neutral’ methanol powered container ships.
California GO-Biz official describes Newsom’s supply chain strategy
California is developing a supply chain strategy to help ports, trucking and the railroads, according to Trelynd Bradley, a Deputy Director with California Governor Gavin Newsom’s Office of Business and Economic Development (GO-Biz). Bradley responded to a series of questions posed by AJOT explaining how California has developed a strategy to combat the supply chain crisis.
Waterway’s Carpenter says “There’s no room for sexual harassment…in the maritime industry”
Jennifer Carpenter, President, and CEO of the American Waterways Operators (AWO) said that there is a challenge recruiting more workers to operate inland waterway vessels and the inclusion of women is vital.
Terminal optimization key to lessening the impact of supply chain disruption
Congestion, congestion, congestion – maritime and intermodal operations have been blighted by the challenge for many months.
Port of Hueneme container business is up 51% and revenues rise 28% In 2022
The California Port of Hueneme reported a 28% increase in revenue and a 51% jump in loaded and empty volume in 2022, according to Kristin Decas, executive director, Port of Hueneme.
ILWU & PMA announce agreement on health benefits
In a positive sign that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are finding common ground, comes the July 26th announcement that the two sides “… have reached a tentative agreement on health benefits, subject to other issues in the negotiations.”
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