FMC probing service agreements between Port Houston, ocean carriers
The investigation centers on terminal service agreements that may have required container lines to commit to route a share of their cargo through Port Houston.
Long Beach ITS terminal upgrade to boost capacity by about 50%
The project, due to begin Monday, will also improve truck access by upgrading the gate infrastructure and boost efficiency through the replacement of an outdated terminal operating system.
US retailers upgrade import forecast after tariff deadline extended to Aug. 1
But the mini rush will be short-lived, with imports falling month to month between August and November, the National Retail Federation and Hackett Associates said in their latest Global Port Tracker.
BNSF-UP dispute threatens Oakland-SLC service, triggers STB petition
The routing impasse between the railroads threatens supply chain disruptions for ocean carrier CMA CGM, which has cargo booked on the service that is due to begin later this week.
Oregon earmarks funds for proposed Coos Bay terminal
The just-concluded legislative session also puts aside emergency funding for Port of Portland which is generated via lottery sales.
Excess capacity sinks planned July 1 rate increase in eastbound trans-Pacific
The fresh capacity carriers rushed into the US’ busiest trade lane in April and May is no longer needed, sending rates on a downward spiral and forcing carriers to shelve proposed price hikes.
Quick-hit, tariff-driven import surge on tap for US West Coast ports
The surge, however brief, will nonetheless be a welcome boost in business for the ports after a lackluster May and early June.
Port Houston implementing reefer dwell fees to encourage container flow
The fees come as dwell times for refrigerated containers in Houston exceed a week, and reefer volumes topped 10,000 TEUs for the first time in three years.