Business, Equipment, Logistics

Ports Maintain High Volumes in April

Containership at Port of Savannah The Port of Savannah reported record 495,782 containers processed in April compared with 466,633 a year earlier. (Georgia Ports Authority via Twitter)

Imports continue to dominate the cargo at the nation’s ports, and the nation’s busiest — the Port of Los Angeles — reported its second-busiest April in its 115-year-plus history,

Dan Ronan | Senior Reporter
May 23, 2022
Business, Technology, Fuel, Logistics, Global Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM HMM's containership 'HMM Algeciras'. (Krisztian Bocsi/Bloomberg News)

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

Kyunghee Park | Bloomberg News
May 10, 2022
Business, Logistics

Ports on Both Coasts Set Records in March

Port of Los Angeles The Port of Los Angeles posted its best first quarter ever at 2,682,033 containers, tracking 3.5% above last year’s record. (TT file photo)

Container ports in March were operating at, or near, record levels on the Pacific and Atlantic coasts.

Dan Ronan | Senior Reporter
April 20, 2022
Business, Logistics, TCA

Behind the Efforts to Free the Ever Forward

Dredges work to free the grounded Ever Forward containership Dredges work to free the grounded Ever Forward containership. (Jerry Jackson/Baltimore Sun via Tribune News Agency)

The Ever Forward, a 1,095-foot cargo carrier with more than 4,000 full shipping containers, is the largest ship to have ever run aground in the Chesapeake Bay, and freeing it is an arduous and cumbersome process. The first attempt to refloat the ship will begin at noon March 29.

Hayes Gardner | Baltimore Sun
March 28, 2022
Business, Logistics, TCA

Ship Could Be Stuck in Chesapeake Bay for Weeks

The Ever Forward in the Chesapeake Bay The Ever Forward (above) is owned by Evergreen Marine Corp., which also owns the Ever Given, an even larger containership that became wedged across Egypt’s Suez Canal last year. (6abc Philadelphia via YouTube)

Officials say it could take days or weeks to free a containership stranded near Gibson Island in the Chesapeake Bay since the evening of March 13.

Dan Belson | The Capital, Annapolis, Md.
March 17, 2022
Business, Logistics

Containership Ever Forward Stuck in Chesapeake Bay

 Evergreen shipping containers at the Port of Felixstowe Ltd. in Felixstowe, U.K. The ship stuck in the Chesapeake Bay, the Ever Forward, is owned by Evergreen Marine Corp. (Chris Ratcliffe/Bloomberg News)

A year after a giant containership got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground, this time near the U.S. capital.

Augusta Saraiva | Bloomberg News
March 14, 2022
Business, Logistics

Container Shipping Rates May Take Two Years to Fall to Normal

Container Shipping Rates May Take Two Years to Fall to Normal Port of Los Angeles containership. (James Steidl/ThinkStock)

Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.

Brendan Murray | Bloomberg News
November 16, 2021
Business, Equipment, Logistics

Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains

Port of Los Angeles Port of Los Angeles will expand weekend operating gate hours on a pilot basis to make sure gate availability meets cargo demand. (Getty Images)

As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.

Dan Ronan | Senior Reporter
September 22, 2021
Business, Equipment, Logistics

Ports on Both Coasts Report Strong July Numbers

Containers at the Port of Long Beach With July's numbers, the Port of Long Beach has broken container volume records in 12 of the past 13 months. (Seth Clevenger/Transport Topics)

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

Dan Ronan | Senior Reporter
August 18, 2021
Government, Business, Technology, Logistics

Containership Bottleneck Nears Its February Record

Port of Los Angeles The CMA CGM Benjamin Franklin at the Port of Los Angeles during a past trip. (Tim Rue/Bloomberg News)

The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months, threatening to extend transportation delays, bite further into margins for American importers and boost prices for consumers.

Brendan Murray | Bloomberg News
August 16, 2021