Marine Fuel Market Facing Tougher Q3 as Supply Rises

Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said.Third-quarter supply is estimated to rise by 620,000 barrels per day (bpd) from the second quarter a

US ports push multimodal national freight plan

The United States needs to take a broad and more inclusive approach to a National Freight Strategic Plan (NFSP), one that looks beyond highways and modal boundaries to better reflect...

Coronavirus impact raises red flags at European ports

Europe’s three largest port gateways have warned of a significant hit to container volumes this year as the demand-limiting measures to combat the spread of China’s coronavirus (COVID-19) lead to unprecedented capacity cuts by carriers on the Asia-Europe trade.Almost half the scheduled container shipping...

Keep cargo flowing across closed borders: European ports

Ports in Europe want to ensure that the unprecedented shutting of borders across European Union member states to halt the spread of coronavirus disease 2019 (COVID-19) does not cut off the essential flow of goods along with the movement of people.While the extreme measures to shut borders are aimed...

eModal targets drayage optimization as differentiator

Logistics software provider Advent eModal said Tuesday it will offer an integrated drayage optimization system developed by Envio 360 to bolster...

Container cargo imbalance from COVID-19 deepens

Forwarders and insurers warn that cargo flows are becoming more uneven across key markets as a natural container imbalance on headhaul and...

US ports, terminals, stevedores seek federal aid to weather COVID-19

US ports and marine terminals are...

Mobile port makes play for more poultry exports, perishables

A new cold storage facility set to open next year at the Port of Mobile will give it the necessary capacity...

US agriculture exporters, chassis lessors clash

Agricultural shippers at their annual conference Wednesday said the chassis arrangements between intermodal equipment providers (IEPs) and ocean carriers saddle shippers and truckers with...

New auto part distribution center to fuel Mobile imports

A new distribution center for auto lifts is expected to boost container throughput at the APM Terminals facility in the Port of Mobile.Lift maker BendPak’s new 100,000-square-foot distribution center, located 11 miles from...