Now nearing the end of the dry season, the Panama Canal is adapting to the climate conditions. Based on the present and projected water level of Gatun Lake, and due to the Operational Water Strategy (OWS) that the Panama Canal…
READ MORE >Taiwan’s strongest earthquake in a quarter century leveled dozens of buildings on the eastern side of the island, killing at least nine people and disrupting semiconductor production at some of the world’s leading chipmakers (source: Bloomberg).
READ MORE >The collapse of Maryland’s Francis Scott Key Bridge Tuesday after it was struck by a cargo ship continues to block access to the Port of Baltimore and could disrupt shipping flows across the U.S. The Port of Baltimore handled over $80…
READ MORE >East Coast ports including in New York, New Jersey and Virginia are positioned to handle additional ships if the Baltimore bridge collapse leaves terminals there inaccessible, potentially easing impacts on global trade flows (source: AJOT).
READ MORE >India Customs will auction abandoned or long-dwelling consignments at Nhava Sheva in a bid to dispose of export goods left uncleared by cargo interests (source: The Loadstar).
READ MORE >An analysis by Bloomberg concludes that older ships with untraceable insurance are navigating the Red Sea in the face of Houthi attacks.
READ MORE >An increase in timely ocean container import data being supplied by private industry into the U.S. Department of Transportation’s Freight Logistics Optimizations Works (FLOW) initiative confirms what has been predicted since earlier in the year — a boost in U.S. West…
READ MORE >US airlines are reluctant to resume China routes they suspended during the pandemic, auguring tight capacity to meet e-commerce demand. In response to rampant travel demand, airlines have been adding capacity at a brisk clip. The second half of 2023…
READ MORE >February’s U.S. container import volumes decreased 6% from January — a better-than-expected performance as the sector enters its slow season. But other signs point to potential softness in domestic freight in March and April. The 2.14 million twenty-foot equivalent units…
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