Russia’s invasion of Ukraine has supercharged the price of so-called clean ocean-going tankers, with soaring freight rates prompting companies to rush to purchase rather than rent vessels.
A backup of 40 container ships has grown off Georgia’s Port of Savannah, raising fresh concerns that goods arriving for the fall will face new delays as operators scramble to keep shipments moving.
The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.
The pandemic has put unprecedented strain on global supply chains— and also on the workers who’ve kept those systems running under tough conditions. It looks like many of them have had enough.
The leader of a local rights movement in the Pakistani coastal town of Gwadar is threatening to launch a large sit-in protest this week — potentially jeopardizing the government’s efforts to revitalize development around the Chinese-controlled port.
Truckers protesting the new California law that toughens the definition of nonemployee drivers have effectively shut down operations at the Port of Oakland.
At the Port of Los Angeles, Executive Director Gene Seroka describes a cargo bottleneck that’s bulging again on land and slowing railroad freight through Southern California.
South Korea’s biggest shipping company plans to invest 15 trillion won ($11.4 billion) by 2026 on new ships and terminals to strengthen its competitiveness and comply with tighter environmental regulations.
The White House is monitoring labor talks in the logistics industry as unions representing 115,000 rail workers and 22,000 West Coast dockworkers negotiate fresh contracts, but won’t get directly involved in either bargaining process now, its supply chain envoy said.
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.
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