Transportation

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Jun 17, 2024
Spot Rates Predicted to Continue Upward

Container spot rates on major east-west trades saw moderated price increases following significant previous hikes. Drewry’s World Container Index (WCI)…

Jun 12, 2024
Hyperactive Season Ahead: 2024 Forecast

NOAA’s forecast for the 2024 hurricane season warns of significant disruptions, indicating a potentially hyperactive season. Texas, previously experiencing below-average…

Jun 6, 2024
Panama Canal Increases Ship Draft

The Panama Canal has increased the maximum authorized draft to 13.7 m ahead of schedule, effective immediately, in anticipation of…

Jun 6, 2024
Singapore Port Congestion Hits 2M TEUs

Congestion at the Port of Singapore has reached 2 million TEUs, representing 6.8% of the global fleet. Berthing delays of…

Jun 5, 2024
Bridge Removal Faces Delays

The removal of the final piece of Baltimore’s Francis Scott Key Bridge is taking longer than expected. Estimates now range…

Jun 5, 2024
Strikes Threaten Canada’s Cargo Flow

The risk of disruption to cargo flows in and out of Canada has increased due to potential strikes by customs…

May 24, 2024
Maersk Introduces PSS

Maersk has introduced new Peak Season Surcharges (PSS) for various routes from Far East Asia ports, effective from different dates…

May 20, 2024
Canadian Labor Board Delays Rail Strike

The Canada Industrial Relations Board (CIRB) is assessing the potential health and safety repercussions of a strike by rail workers…

May 20, 2024
Maryland Plans Key Bridge Rebuild by 2028

Explosive charges were detonated to bring down sections of the collapsed Francis Scott Key Bridge resting on the containership Dali,…

May 17, 2024
Biden to Announce New Tariffs on Key Sectors

The Biden administration plans to impose new tariffs on various Chinese imports, including electric vehicles (EVs), advanced batteries, solar cells,…