Overall U.S. maritime cargo volumes in the Great Lakes region are recovering from extreme lows experienced in 2009, according to a report released by the U.S. Department of Transportation's Maritime Administration.
U.S. vessel imports are up from December by 6.9% and just above January of 2012 by 0.1%. The total TEU count for January was 1,518,851 and shipments were over 750,000. January imports have not been this high since 2007, which signals some steady rebounding growth for 2013.
The government is to spend $180mn on construction of the new Kampala Port at Bukasa in Wakiso District. Cypriano Okello, the deputy project coordinator, said the government would acquire 500 hectares of land for the port in May.
With a tentative contract deal reached with East Coast and Gulf Coast dockworkers - though a key West Coast agreement remains unsettled - import cargo volume at the nation's major retail container ports is expected to increase 8.5 percent in February over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The G6 Alliance, a group of six ocean carriers sharing vessel space in the Asia-to-Europe container trades, is expanding its reach to include the route from Asia to the East Coast of North America.
Ship-level and container-level key performance indicators showed significant quarter-on-quarter increases in reliability in the fourth quarter of 2012, according to Drewry's quarterly report Carrier Performance Insight, just published.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.