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Government, Business, Logistics

Surging Shipping Rates Pose New Headwind for Global Economy

Shipping containers sit next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Jan. 11. Shipping containers sit next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Jan. 11. (Qilai Shen/Bloomberg News)

Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.

January 14, 2021
Business, Technology, Safety, TCA

Georgia Company Builds Hospital Rooms From Shipping Containers

The inside of a BMarko Structures container renovated as a classroom. The inside of a BMarko Structures container renovated as a classroom. (BMarko Structures)

A company is adding more hospital beds for Georgia coronavirus patients one shipping container at a time.

Amanda C. Coyne | The Atlanta Journal-Constitution
April 17, 2020
Government, Business, Logistics

Shipping Container Pileup Could Shut Philippines’ Biggest Port

Parked trucks sit in front of shipping containers and cranes at the Manila North Harbour Port container terminal in March 2017. Parked trucks sit in front of shipping containers and cranes at the Manila North Harbour Port container terminal in March 2017. (Veejay Villafranca/Bloomberg News)

The Philippines’ largest port could shut in less than a week if shipping containers aren’t moved to free up space for new cargo amid a lockdown that’s preventing businesses from retrieving freight.

Claire Jiao | Bloomberg News
April 1, 2020

Cargo Container Availability Under Stress as Virus Goes Global

Gantry cranes stand idle at the Port of Los Angeles on March 8. Gantry cranes stand idle at the Port of Los Angeles on March 8. (Tim Rue/Bloomberg News)

A shipping container shortage that has left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse as China steps up its coronavirus precautions on incoming vessels.

Jen Skerritt | Bloomberg News
March 19, 2020
Business, Equipment

North Florida Warehouse FTZ Debuts Heavy-Lift Service at Jacksonville TraPac Terminal

North Florida Warehouse FTZ has launched its heavy-lift service at the TraPac container terminal in Jacksonville, Fla.

March 14, 2019
Business

Timber Investments Acquires 51% Interest in Columbia Containers

Timber Investments Ltd. said it has completed the purchase of a 51% interest in Columbia Containers Ltd. from Providence Grain Group, which will retain 49% ownership.

February 19, 2019
Business, Logistics, TCA

Port Manatee Enjoys Record-Breaking Year for Volume, Cargo Tons

Port Manatee

Port Manatee set records for container volume and cargo tons moved during its recently completed fiscal year, besting marks set in 2010 for both categories.

Mike Garbett | The Bradenton (Fla.) Herald
October 11, 2017
Business, Logistics, TCA

Port Manatee Sets Container Volume Record With Two Months to Go

Del Monte Port Manatee

Container volume at Florida's Port Manatee reached a full-year record for the first 10 months of its current fiscal year.

August 8, 2017
Business

US Ocean Imports Set to Grow Amid Glut in Container Capacity

Tim Rue/Bloomberg News

While Asian-U.S. imports and exports are due to rise in 2017, an overcapacity of containerships will continue to create problems for the ocean freight industry this year.

Ari Ashe | Staff Reporter
April 10, 2017
TCA

Samsung Builds World's Largest Containership

Mitsui OSK Lines

South Korea’s Samsung Heavy Industries set a new world record by completing the world’s largest containership, SHI and customer Mitsui OSK Lines said.

Ben Kritz | The Manila Times (Philippines)
March 28, 2017

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