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PhilaPort – Wan Hai Lines take steps to relieve East Coast supply chain congestion
| August 18, 2022 | Ports & Terminals
New service connects US exporters with growing Asian markets
Air cargo tonnages and rates are both declining
| August 18, 2022 | Air Cargo | Freighters
Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, the latest figures from WorldACD Market Data reveal.
Port of South Louisiana dedicates two cranes for Globalplex dock
| August 18, 2022 | Maritime | Breakbulk News | Ports & Terminals | Equipment and Tech
Today, the Port of South Louisiana officially dedicated and named its two Konecranes Gottwald Model 6 Portal Harbor Cranes for its public facility, the Globalplex Intermodal Terminal Dock along the Mississippi River. These cranes have increased the Port’s capacity for handling bulk materials and will allow for the handling of containers and project cargo.
With Loadsmart’s reliable contracts, shippers save up to 10% receiving 100% tender acceptance
| August 18, 2022 | Shipping Technology
Reliable Contracts, Loadsmart’s dynamic contract solution, guarantees capacity for shippers like Stanley Black & Decker during market uncertainty, all while reducing costs
MSC trade Asia to North America schedule update for Sequoia service
| August 18, 2022 | Maritime | Liner Shipping
MSC is planning to adjust the sailing programme on its Asia to North America network in week 33.
West coast ports’ imports send mixed signals about US demand
| August 18, 2022 | Ports & Terminals
Incoming container cargo to the Port of Los Angeles -- the largest in the US -- rose to the most on record for the month of July, indicating that retailers and manufacturers were still replenishing inventories heading into the second half of the year.
Indian railway coach transported for testing in New York
| August 18, 2022 | Project / Heavy Lift | Maritime Project
In a joint project cooperation between Ambercor Shipping and SARR Freights, members of the Worldwide Project Consortium (WWPC) in Canada, the United States and India, arranged an urgent delivery of a railway coach to a testing facility in New York, USA with dimensions of 23,16 x 3,20 x 3,96 meters and weighing 44 metric tons.
Global Maritime Services launches marine advisory for the FSRU & LNG sector
| August 18, 2022 | Energy
Global Maritime Services Ltd. (GMS) has announced the launch of its new Marine Department, a marine advisory service for the offshore oil and gas sector. Customers will be able to take advantage of GMS’s expertise to secure their Floating Storage and Regasification Unit (FSRUs) and Liquified Natural Gas (LNG) Sector ventures.
Mounting e-Commerce industry and rapid growth of retail sector to fuel need for automated guided carts, states Fact.MR
| August 18, 2022 | Logistics
According to Fact.MR, a market research and competitive intelligence provider, the global automated guided cart market is estimated at US$ 208.7 million in 2022 and is expected to expand at an impressive CAGR of 8.3% during the forecast years of 2022-2032. The market is predicted to grow rapidly along with robust demand growth for automated guided vehicles across the world.
New PCN member heavy transport & lifting experts, Hermes Group
| August 18, 2022 | Project / Heavy Lift | Maritime Project
Project Cargo Network announces new members in Greece with Hermes Group. The Hermes Group has two locations in Athens (Aspropyrgos and Marousi) and the company hold several ISO certifications.
Drewry World Container Index - 18 Aug
| August 18, 2022 | Maritime | Liner Shipping
Drewry’s composite World Container Index decreased by 3% to $6,223.82 per 40ft container this week.
Ukraine’s new grain corridor is working in good news for prices
| August 18, 2022 | International Trade | Commodity
Ukrainian grain flows are pushing down global prices as the newly opened crop-export corridor shows initial success.
Propulsion and hull design can significantly reduce shipping emissions and lower underwater noise
| August 18, 2022 | Maritime | Technology
United States and Taiwan commence formal negotiations on U.S. – Taiwan Initiative on 21st Century Trade
| August 18, 2022 | International Trade
Manitoba sees stars as WestJet announces direct flights between Winnipeg and Los Angeles
| August 18, 2022 | Air Cargo | Airlines
WestJet today celebrated its newest route, with the announcement of service between Winnipeg and Los Angeles, beginning October 31, 2022. The route, which will operate three-times weekly on a year-round basis, will strengthen integral ties and convenience in transportation between Winnipeg's expanding television and film industry and the esteemed, world-renowned hub of entertainment itself, Los Angeles.
Port of Long Beach welcomes Pasha Hawaii LNG-powered ship
| August 18, 2022 | Maritime | Liner Shipping | Ports & Terminals
The Port of Long Beach on Wednesday welcomed Pasha Hawaii’s MV George III, the first container ship powered by liquefied natural gas to refuel on the West Coast. The ship’s LNG-powered engines are dramatically cleaner than those of a traditional cargo ship.
Emerge ranks No. 37 on the 2022 Inc. 5000 List of Fastest-Growing Private Companies
| August 18, 2022 | Shipping Technology
Descartes releases August report on global shipping crisis: Another record month of container imports strains major East and Gulf Coast ports
| August 18, 2022 | Ports & Terminals
Additional highlights from the report include: • The Port of Savannah had the longest wait times, with an average wait time of nearly 15 days • July TEU volumes increased by 3% from July 2021 and were up 15% from pre-pandemic July 2019 • U.S. container import volumes in July 2022 were up by 2% compared to July 2021 • The Port of LA was the busiest port in July — netting out at just upwards of 468K TEUs, up ~24K TEUs compared with June; New York/New Jersey moved from the first spot last month to the second most busiest in July, and Long Beach came in third again, but imports dropped considerably by ~24K TEUs
Record breaking increases in motor fuel prices in 2022
| August 18, 2022 | Energy | Intermodal | Road
From January to June 2022, the price of regular motor gasoline rose 49% and the price of diesel fuel rose slightly more at 55%. Fuel prices have risen since declining in early 2020 during the economic recession and the period when many states adopted stay-at-home orders in response to COVID-19 (figure 1). Fuel prices declined from June to July 2022 but remain more than twice as much as their level in early 2020.
Rhine crisis shows signs of respite as water set to rise
| August 18, 2022 | Ports & Terminals | Canal and Waterway
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