Transportation

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Jul 2, 2024
Suez Canal Faces Revenue Decline

Shipping volumes in the Red Sea have sharply declined due to ongoing attacks by Houthi rebels, leading ocean carriers to…

Jul 1, 2024
Dali Departs Baltimore

The containership Dali, which recently left Baltimore after a tragic incident involving the collapse of the Francis Scott Key Bridge,…

Jun 26, 2024
U.S. Imports See Strong Gains

The latest Port Tracker report from the NRF and Hackett Associates highlights ongoing optimism for U.S.-bound retail container imports, noting…

Jun 24, 2024
EU Imposes Higher Tariffs on Chinese EVs

Starting July 4, the European Union (EU) will impose tariffs of up to 38.1% on Chinese electric vehicles, in addition…

Jun 20, 2024
ILA Halts Talks, Raises Strike Concerns

The International Longshoremen’s Association (ILA) has suspended negotiations for a new labor contract at US East and Gulf Coast ports,…

Jun 19, 2024
Canadian Border Agent Strike Avoided

Canadian border agents, represented by the Public Service Alliance of Canada and Customs and Immigration Union, have reached a tentative…

Jun 19, 2024
Panama Canal Increases Daily Transits

Starting July 11, the Panama Canal will increase daily transits from 32 to 33, and from July 22 onwards, this…

Jun 19, 2024
Port of Baltimore Reopens After 11-Week Closure

The main ship channel to the Port of Baltimore has been fully cleared of debris and reopened. Federal authorities estimate…

Jun 17, 2024
Spot Rates Predicted to Continue Upward

Container spot rates on major east-west trades saw moderated price increases following significant previous hikes. Drewry’s World Container Index (WCI)…

Jun 12, 2024
Hyperactive Season Ahead: 2024 Forecast

NOAA’s forecast for the 2024 hurricane season warns of significant disruptions, indicating a potentially hyperactive season. Texas, previously experiencing below-average…