There are over 60 container ships full of import cargo stuck offshore of Los Angeles and Long Beach, but there are more than double that — 154 as of Friday — waiting to load export cargo off Shanghai and Ningbo in China, according to eeSea, a company that analyzes carrier schedules. The number of container […]
Archive for September, 2021
Rail equipment manufacturers, suppliers and industry observers will talk about the number of railcars in storage being up or down. But why is that figure important? Knowing how many railcars are in storage is significant because that figure helps observers understand network capacity in relation to the broader economy. Industry participants also look at the […]
The nation’s top rail regulator confirmed that the Federal Railroad Administration is on track to issue a proposed rulemaking this fall on one-person train crews, including minimum requirements depending on the type of rail operation. Testifying on Wednesday at his nomination hearing to fill the vacant FRA administrator post, Amit Bose, currently deputy administrator, told […]
Vessel omissions and a shortage of shipping containers resulted in a mixed bag of throughput results at the Port of New Orleans (Port NOLA) in August. Fourteen vessel omissions at the port in August represented a 30% increase in omissions compared to the same month last year.
With around 70 container ships loaded with cargo now waiting at anchor or drifting off the ports of Los Angeles and Long Beach, how deep of a hole are the terminals actually in? To answer that question, American Shipper analyzed data from the Marine Exchange of Southern California on exactly which ships are out there and how […]
Total Terminals International is the launch partner for the Port of Long Beach’s new initiative to increase cargo velocity by expanding gate hours for truck pickup. The move comes amid a huge container surge that is choking productivity and jeopardizing retailers’ holiday deliveries. The operator of the port’s largest container terminal, located on Pier T, […]
Short line Indiana Rail Road (INRD) is planning a multiyear expansion of intermodal facilities for customers that want service to and from the Indianapolis market and Canadian and U.S. West Coast ports. INRD has kicked off the first phase of its expansion project, which will span three years and will have an anticipated completion date in 2023, […]
Port Houston handled its highest month ever for total twenty-foot equivalent units at 320,086 in August, an increase of 29% compared to the same period last year. The port also recorded the highest monthly loaded imports on record at 159,791 TEUs during August, a 37% increase compared to August 2020.
Seven months ago, Maersk CEO Soren Skou touted Q4 2020 as “the best quarter ever.” Announcing the initial outlook for this year on Feb. 10, he said the best-case scenario “would basically mean for us to do four times what we did in the fourth quarter.” That outlook has long since been left in the […]
Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting images in trucking, transportation and weather. This week features Hurricane Nicholas’ Texas landfall, summer snow in Alaska, cargo ships stuck off Southern California and more. Nasty Nicholas Hurricane Nicholas struck the Texas coast, making landfall as a Category 1 storm Tuesday […]