Government, Business, Logistics

Vital World Trade Route Roiled by Container Crunch

Shipping containers sit at the Port of Haifa in Israel on Nov. 5. Shipping containers sit at the Port of Haifa in Israel on Nov. 5. (Kobi Wolf/Bloomberg News)

The humble shipping container has a new status in the COVID-19 pandemic: hot commodity.

Brendan Murray | Bloomberg News
November 9, 2020
Business, Technology, Logistics

WiseTech Global Acquires Singapore Firm Containerchain

WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.

March 8, 2019
Government, Business

Volume Growth Continues at Nation's Ports as US, China Resume Trade Talks

Cranes unload Maersk containers at the Port of Los Angeles California United Terminals cranes unload Maersk containers at the Port of Los Angeles, the nation's busiest port. The port saw a 15.3% volume increase in November. (Patrick T. Fallon/Bloomberg News)

The nation’s ports continued to see steady growth in November cargo volume, as shippers moved goods to the United States from overseas in advance of the holiday shopping season and rushed to get cargo stateside ahead of expected tariffs on shipments from China.

Dan Ronan | Associate News Editor
December 27, 2018

Blackstone, KKR Said to Pursue $1 Billion Container Terminal

Cosco Ship Tim Rue/Bloomberg News

Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, Calif., has drawn interest from potential buyers, including Blackstone Group LP and KKR & Co., people familiar with the matter said.

Gillian Tan and Vinicy Chan | Bloomberg News
December 13, 2018
Government, Business, Logistics

Nation’s Ports Booming Amid Strong Economy

Activity at the Port of Virginia Activity at the Port of Virginia, which had its best October ever, processing 270,538 TEUs compared with 265,490 in October 2017. (Virginia Port Authority)

September and October were record months for many of the nation’s ports as shippers prepared for a busy holiday shopping season and rushed to get cargo into the U.S. ahead of the Trump administration’s tariffs against several nations, including China.

Dan Ronan | Associate News Editor
November 19, 2018
Technology, Logistics, Top 100

Container Farms: A New Type of Agriculture

Forklift picks up container at Freight Farms production facility A forklift truck picks up a container at the Freight Farms production facility. (Freight Farms)

Innovators within the produce industry are breaking the boundaries of food production — by growing crops not in fields, but in recycled shipping containers.

Keegan Wiggins | Special to Transport Topics
August 20, 2018
Business, Equipment

Steamship Line Hapag-Lloyd Raises Fees

Hapag-Lloyd ship at Port of Los Angeles Patrick Fallon/Bloomberg News

Steamship line Hapag-Lloyd will increase fees to transport freight to the United States and cross-border freight from Canada. Cargo between Canada and the United States will be subject to a carbon tax.

February 20, 2018
Business, Equipment, Logistics

Port of Long Beach Sets Record for Container Volume in a Year

Hyundai merchant marine vessel at Port of Long Beach A Hyunday merchant marine vessel returns to the Port of Long Beach (Port of Long Beach via YouTube)

The Port of Long Beach recovered from a rocky 2016 with a record-setting year in 2017, moving 7.5 million industry-standard twenty-foot-equivalent units, the port’s leader announced at the State of the Port address Jan. 24.

Ari Ashe | Staff Reporter
January 25, 2018
Business, Equipment, Logistics

Port of Savannah Breaks Container Traffic Record

Port of Savannah's Garden City Terminal Cargo is loaded and unloaded from the MOL Benefactor at at the Port of Savannah Garden City Terminal. (Stephen Morton/Georgia Ports Authority)

The Port of Savannah has shattered its record for container traffic in a year, processing more than 4 million industry-standard 20-foot-equivalent units (TEUs) in 2017, the Georgia Ports Authority announced Jan. 22. The previous record was 3.7 million TEUs in 2015.

Ari Ashe | Staff Reporter
January 22, 2018
Business, Equipment

Truck Turn Times Improve at SoCal Ports as Volumes Continue to Surge

Port of Los Angeles Port of Los Angeles via YouTube

The average time it took a truck driver to enter and exit the two largest ports in North America — Los Angeles and Long Beach — was 10 minutes quicker in November versus the same time a year ago, according to the Harbor Trucking Association.

Ari Ashe | Staff Reporter
December 13, 2017