Singapore-based Grace Ocean, the owner of the M/S Dali containership involved in the collision with the Francis Scott Key Bridge in Baltimore on March 26, resulting in its collapse, has officially declared general average. The declaration of general average in…
READ MORE >In the wake of the Francis Scott Key Bridge collapse and the Port of Baltimore’s temporary closure, the FMCSA has granted special authority to local drivers who operate without electronic logging devices (ELD) to continue to work with rerouted freight.…
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 >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…
READ MORE >The US Airforwarders Association (AfA) has written to US president Joe Biden to ask for funding to be allocated for the improvement of cargo facilities at the country’s airports. In his letter, AfA executive director Brandon Fried said it was…
READ MORE >More than 100 US airports will be awarded $970 million in federal grants, the latest effort to upgrade the nation’s infrastructure — a top priority of President Joe Biden. The new funding, announced today, comes as airports in recent years…
READ MORE >