Virginia’s deeper harbor could allow higher usage on ULCVs
Norfolk’s dredging to a 55-foot depth will allow ocean carriers to offer more capacity on big ships that have to load lightly due to draft constraints.
Norfolk’s dredging to a 55-foot depth will allow ocean carriers to offer more capacity on big ships that have to load lightly due to draft constraints.
Containers that were inbound when the war started have been plugged into reefer slots in terminals outside the Gulf, accruing mounting storage charges as cargo owners either wait for the Strait of Hormuz to reopen or start looking for new markets
The multi-pronged program includes reflagging four of the carrier’s container ships to the Indian registry and participating in terminal infrastructure development at Vadhavan.
The Fed faces a policy dilemma as the Iran war spurs a jump in energy prices, threatening to increase inflation, slow economic growth and push up unemployment.
The USPS will run out of cash in about a year unless changes, such as upping the agency’s borrowing cap, are made, Postmaster General David Steiner told lawmakers.
The Postal Service wants to increase its average package weight to improve its competitive position with FedEx and UPS, Postmaster General David Steiner said.
Delilah’s Law, a major crackdown on immigrants in the trucking industry, was passed 35 to 26 by the House Transportation and Infrastructure Committee and now heads to a floor vote.
While Port of Los Angeles cargo flows are steady, soaring oil prices are being passed on to ocean shippers.
Changing market dynamics offer an opportunity for motor carriers to raise rates, but also for intermodal providers to win business from cost-conscious shippers looking to shift modes.
The most disruptive energy shock in modern history has reawakened the debate over whether emergency fuel surcharges are a fair way for ocean carriers to recoup unexpected costs or blatant “double-dipping” that angers shippers.