By Sam Whelan 19/04/2022 Airfreight diverted from lockdown-hit Shanghai Pudong (PVG) is clogging up China’s other major airports, causing a shortage of pallets for exports. Forwarders have singled out Zhengzhou Airport (CGO), in the central Henan province, as the hardest-hit, given the large amount of cargo diverted there from Shanghai. Adding to the difficulties, Zhengzhou was itself […]
Category Archives: News & Events
Stuck for a month in the Chesapeake, Ever Forward to use full moon to free ship
By: Augusta Saraiva | Apr 15 2022 at 11:11 AM | Maritime | Liner Shipping A month after its giant container ship ran aground near Baltimore, Evergreen Marine Corp. continues to dig for a solution. After initial efforts to refloat the Hong Kong-flagged Ever Forward using tugs and dredgers failed, the salvage team led by the U.S. Coast Guard will try […]
Lack of equipment spurs rail crisis at West Coast ports
Bill Mongelluzzo, Senior Editor | Mar 31, 2022 1:57PM EDT Fearing that another rail meltdown similar to the one that occurred last summer is imminent, West Coast port managers and terminal operators are urging the Class I railroads to immediately boost their deployment of railcars and locomotive power in Los Angeles-Long Beach, Oakland, and Seattle-Tacoma. Five […]
Shanghai’s 2-stage COVID lockdown may make getting containers ‘almost impossible’
Eastern side of city now under lockdown; west to follow suit Friday Lori Ann LaRoccoMonday, March 28, 2022 Logistics managers are warning clients the two-stage lockdown in Shanghai could be worse than the initial COVID lockdowns. “These lockdowns are possibly more severe than the initial quarantines in 2020 when COVID was first discovered,” Jon Monroe of Monroe […]
US shippers bracing for fuel cost hikes amid oil market volatility
William B. Cassidy, Ari Ashe, and Greg Knowler | Mar 22, 2022 9:12AM EDT ith North American oil prices closing at $96.44 per barrel on March 15, after jumping as high as $123.70 on March 8, shippers are still trying to assess the new cost of fuel and its impact on transportation amid the ongoing Russia–Ukraine […]
East Coast ports about to get slammed by a lot more ships
Capacity of Asia-East Coast services to jump 40% vs. 2020-2021 average Greg MillerFollow on TwitterFriday, March 18, 2022 There were 64 container ships waiting off East and Gulf Coast ports on Wednesday morning — and it looks like it’s about to get worse. The number of liner services calling from Asia will surge to a […]
Hapag-Lloyd faces cyberthreat after criminals create fake website
Customer, employee logins likely target of spear-phishing attack, expert says Nate TabakFollow on TwitterWednesday, March 9, 2022 2 minutes read Listen to this article0:00 / 3:121XBeyondWords Hapag-Lloyd said it remains vigilant after discovering a copy of its website online that the shipping line believes was set up by cybercriminals as part of a planned spear-phishing attack. […]
Specter of US West Coast labor unrest looms over TPM22
Peter Tirschwell | Mar 03, 2022 10:27AM EST Loaded import containers at Los Angeles-Long Beach were down 21.4 percent in December versus December 2020. Photo credit: Shutterstock.com. Concern was palpable this week at the TPM22 Conference about potential port disruption in the coming months tied to negotiations over a new West Coast port labor contract, with […]
Suez Canal toll hike: ‘Global trade just got more expensive’
February increase followed by another ranging between 5%-10% Lori Ann LaRoccoMonday, February 28, 2022 The Suez Canal Authority has released a new set of canal tolls on all vessels traveling both north and south. The increase for both full and empty vessels will be either 5%, 7% or 10%, depending on carrier type, and become […]
Supply chain whack-a-mole: West Coast eases, East Coast worsens
LA/LB relief could be temporary, while Charleston queue tops 30 ships Greg Miller, Senior EditorFollow on TwitterWednesday, February 23, 2022 4 minutes read Listen to this article0:00 / 6:201XBeyondWords The good news on U.S. port congestion: The number of container ships waiting for berths in Los Angeles/Long Beach has continued to decline, falling to 66 on Wednesday […]
