Sea
Drewry’s composite World Container Index decreased marginally by 0.5% to $9,376.70 per 40ft container this week.Source: World Container Index, Drewry Supply Chain Advisors
Our detailed assessment for Thursday, 3 February 2022• The composite index decreased marginally by 0.5% this week, but, remains 79% higher than a year ago.• The average composite index of the WCI, assessed by Drewry for year-to-date, is $9,490 per 40ft container, which is $6,537 higher than the ...
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The Alabama Port Authority board of directors have approved a $2.042 million purchase of 272 acres in Montgomery, Ala., to construct an inland container intermodal transfer (ICTF) facility. The project will extend intermodal rail service from the Port Authority’s container intermodal terminal at the Port ...
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Port of Oakland officials predicted in early February a resurgence of agricultural exports through the port following announcement of a partnership with the federal government. The port said it’s working with the U.S. Department of Agriculture (USDA) to clear bottlenecks impeding outbound shipments.The problem: the ...
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MSC & ZIM have decided to cease their cooperation on the North Europe – East Med trade.Within said reorganization, the joint service on MSC’s Israel Express will terminate effective as from end of March 2022.The last vessel of this joint service will be MSC LAUSANNE, ...
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Project heavy lift specialist AAL Shipping (AAL) has delivered 456-metric-tonne industrial tower components to the US West Coast. The cargo was loaded in South Korea onboard the 31,000-deadweight heavy lift AAL Pusan and transported across the Pacific to the Port of Everett in Washington on ...
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The Port of New Orleans (Port NOLA) has been awarded a fifth round of grant funding to continue its award-winning air quality initiative, the Clean Truck Replacement Incentive Program (Clean TRIP). With this latest round, the Clean TRIP funding is able to expand eligibility to ...
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The Canaveral Port Authority (CPA) and Volusia County's Division of Economic Development have signed a Memorandum of Understanding (MOU) that establishes a working relationship promoting each other's geographical and business advantages. The agreement aims to attract more global business by bringing more Florida-bound cargo to ...
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Port of Savannah moved a record 5.6 million TEUs in CY 2021, growing volumes by a million TEUs, or 20%, compared to 2020. In Brunswick, Colonel’s Island Terminal handled 649,550 units of cars, trucks and machinery, an increase of 10.6%.The Port of Savannah has experienced ...
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The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) project to use dredged material to restore a pair of vanishing islands off the coast of Dorchester County received a major boost the week of January 17 with allocation of $37.5 million in the U.S. ...
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The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo, rail, industrial real estate and cruise. The calendar year closed with breakbulk and ...
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