The new charges apply to both spot market business originating in Southern California and to contractual agreements when weekly limits are surpassed by shippers using rail-owned containers. Source link
US retailers prepare for new ILA strike threat, tariffs on China imports Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods. Source link
The urgent creation of new e-fuel markets for the most scalable net-zero solutions is essential if global cargo owners are to achieve their 2030 and 2040 climate goals, according to ZEMBA. Source link
A lack of action at the government level is now the number one bottleneck facing green corridor projects, according to a new report. Source link
The Ships for America Act and national security spotlight seen as growth opportunities for US-flag commercial fleet. Source link
Forwarders and industry analysts forecast strong import volumes through the early Lunar New Year that begins Jan. 29 as importers of time-sensitive merchandise and manufacturing components route shipments through the country’s busiest gateway. Source link
Maersk’s methanol ship conversion tests retrofitting business case Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier. Source link
Global ocean volume in Q3 beat pandemic record: Blue Alpha Capital Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm. Source link
Mounting congestion brought on by peak season volumes and port construction is making it difficult for exporters in Brazil to secure empty boxes. Source link
The order for the 14,000-TEU ships continues the tussle between methanol and liquefied natural gas (LNG) as the preferred fuel for the next generation of container ships. Source link
