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CMA CGM, the French ocean shipping giant, said it will implement a Panama Canal transit surcharge from the Far East to U.S. East Coast and U.S. Gulf, effective Jan. 2.The Panama Canal Authority with the new year introduced a new booking reservation system, the Long-Term Slot Allocation, or LoTSA, to regulate canal crossing reservations. CMA CGM said this system has led to a significant increase in CMA CGM operational costs.To ...
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CSX: A Terminal Network Transformed
US railroad CSX is leading a revolution in terminal efficiency. Using its operation at Fairburn, Georgia as a template, it is transforming the efficiency of intermodal operations throughout its 20,000-mile network. It’s as much about changing ways of working as introducing ...
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The U.S. Department of Transportation’s Maritime Administration, or MARAD, has awarded Port Houston one of 11 large Port Infrastructure Development Program grants for projects aimed at enhancing the safety, reliability, and resiliency of ports.“This important project will improve the efficiency and competitiveness of United States ...
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Port Canaveral showed revenue growth across all business sectors in its fiscal year 2024. and the South Atlantic port projects a strong outlook for the coming fiscal year.Canaveral Port Authority CEO Capt. John Murray, in his “State of the Port” address Nov. 20, said the ...
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Drewry’s September Global Container Port Throughput Index improved 4.7 percent from the year-earlier quarter, though down 0.3 percent from August.The rolling 12-month average growth rate for global port handling remained at 5.5 percent, while global year-to-date growth to September was 6.5 percent, with all regions ...
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French shipping line CMA CGM said it will launch a direct weekly service, Maya Service, dedicated to West Coast Central America and totally operated by CMA CGM.The service will operate with two dedicated ships operated by CMA CGM, the CMA CGM Surabaya and Magdalena Schulte.Maya ...
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As the shipping industry faces an increase in decarbonization regulations from the EU and the International Maritime Organization, or IMO, BIMCO has added to its portfolio of carbon clauses with the FuelEU Maritime Clause for Time Charter Parties 2024.
Adopted by BIMCO’s Documentary Committee ...
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FIFA has selected critical logistics company Rock-it Cargo as the Official Logistics Provider of the FIFA World Cup 26, the tournament set to take place across 16 host cities in Canada, Mexico and the U.S., from June to 11 to July 19, 2026.Rock-it Cargo, a ...
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Volkswagen Group of America in October opened a new vehicle processing center in Port Freeport in Texas, which represents a US$114 million in the Freeport area.The Freeport facility, built by KDC, spans more than 120 acres about 63 miles south of Houston along the Gulf ...
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The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.
The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by ...
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