Container spot rates from Asia to the United States in the remaining weeks of 2024 are spiking to highs not registered since the December of the first year of the pandemic-driven rush. Imports are surging ahead of a January strike threat on the US East and Gulf coasts and thanks to a compressed post-holiday shipping sc
Chinese energy producer Goldwind will be supplying both members of the Gemini Cooperation with green methanol from 2026. Hapag-Lloyd will receive 250,000 tons per year in a deal signed this week while its partner Maersk will get 500,000 tons a year according to an agreement made last year. The green methanol will co
Union Pacific Railroad is building an intermodal terminal on existing UP property west of downtown Kansas City, Missouri. Construction is underway on the terminal, which will serve domestic and international containerized shipments of grains, consumer goods, refrigerated products and pet foods, UP officials announce
North American railroads hauled nearly 2.17 million domestic containers in the third quarter as a surge in demand in Southern California drove a 6% year-over-year increase in volumes, according to the ×îÐÂÂé¶¹ÊÓÆµ (×îÐÂÂé¶¹ÊÓÆµ). The figure exceeds the Journal of Commerce’s quarterly forecast of 2.
Reduced vessel arrivals and container volumes, coupled with cleaner cargo-handling equipment from rail to drayage, helped the ports of Los Angeles and Long Beach significantly reduce emissions last year, but the environmental challenges are only mounting.
For decades, a simple philosophy dictated how ocean carriers approached contract negotiations with US dockworkers: Keep the ports open. Even if it meant making major concessions on wages or benefits, carriers were primarily motivated to avoid disruption on the docks and were willing to pay handsomely to achieve that