As supply chain woes continue to affect the commercial transportation industry, Sen. Amy Klobuchar called on colleagues to pass legislation meant to facilitate the movement of freight at the nation’s ports.
May 3, 2022ocean shipping News Updates
Ports on Both Coasts Set Records in March
Container ports in March were operating at, or near, record levels on the Pacific and Atlantic coasts.
April 20, 2022Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.
March 25, 2022Biden Calls for Changes to Shipping Act to Improve Competition
President Joe Biden and some members of Congress are calling for ocean carriers to lose their limited antitrust immunity under legislation that has been introduced in the House of Representatives.
March 2, 2022Bulk Shipping Rates Extend Slide on Weak Demand From China
A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.
February 3, 2022Ocean Shipping Rates Driving Inflation, Experts Caution
Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers — and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.
January 18, 2022Shanghai Woes: Congestion Grows at World’s Biggest Port
Ships looking to avoid COVID-induced delays in China are making a beeline for Shanghai, causing growing congestion at the world’s biggest container port.
January 13, 2022Port of Oakland Unveils Plan to Encourage Agriculture Exports, Ramp Up Business
Facing a loss of business to larger container ports in Southern California, the Port of Oakland will permanently expand its agriculture export business beginning March 1.
January 5, 2022British Freight Lobby Slams ‘Profiteering’ in Container Shipping
The British International Freight Association is calling on the U.K. government to investigate the state of competition within the global container-shipping market, as transportation costs remain elevated heading into the third year of the pandemic.
January 5, 2022Supply Chain and Ports Bend but Don’t Break During Holidays
As traditional brick-and-mortar and online retailers reported record holiday shopping numbers, experts say the nation’s transportation sector handled the crush of moving hundreds of millions of packages with relatively little difficulty.
January 4, 2022Trending
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