June 2024
South Carolina Ports makes an US$87 billion economic impact in South Carolina each year, and more than half of that economic benefit occurs in the Upstate in the state’s northwest corner, the port authority said.A recent study by research economist and University of South Carolina professor Joseph Von Nessen found Charleston’s port generates a US$44 billion economic impact in the Upstate each year, with port operations directly and indirectly supporting ...
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Supply chain solutions provider NFI said it has acquired the freight brokerage operation of Transfix, a digital freight platform.Transfix will pivot its core business to solely focus on software and data solutions for brokers, shippers and carriers, with NFI to be the first third-party customer to utilize Transfix’s TMS.NFI said ...
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Shipping line Hapag-Lloyd said it will begin to apply a booking cancellation fee, or BCF, for North American exports, starting July 1.The carrier will charge a US$25 fee per container if customers cancel, reduce or roll bookings three calendar days or less prior to the port cutoff as shown on ...
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Galveston Wharves said is spending more than US$90 million to update decaying or underused infrastructure and to maximize undeveloped acreage to grow its cargo business, as part of its 20-year strategic master plan.“We’re on the cusp of a new era of cargo growth for Galveston,” said Rodger Rees, Galveston Wharves ...
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SMART port technologies that facilitate ‘just in time’ ship arrivals could significantly reduce greenhouse and pollutant gas emissions at global container ports, Drewry said in its latest quarterly Ports and Terminals Insight report.
Investing in such technologies at ports with a disproportionate amount of waiting time will generate the highest ...
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The U.S. Department of Transportation has called on breakbulk cargo owners, carriers and other stakeholders to identify critical freight routes that are critical to multimodal transportation across the U.S.The DOT published a request to solicit written input from the public, through June 11, on what to be included in the ...
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A bipartisan U.S. Senate bill would create a government-wide approach to monitoring, tracking and strengthening U.S. supply chains.The Promoting Resilient Supply Chains Act, introduced by Sen. Maria Cantwell (D-Wash.), chair of the Senate Committee on Commerce, Science and Transportation; and Sen. Marsha Blackburn (R-Tenn.), a senior committee member, would help ...
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Swiss WorldCargo, the cargo unit of Swiss International Air Lines (SWISS), has launched a new route between Zurich and Toronto, Canada, as part of expanding its long-haul network served by SWISS and Swiss WorldCargo.The addition of Toronto to its international network will support SWISS airfreight division's efforts to connect economies, ...
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Savage, the supply chain infrastructure and solutions provider, said President and CEO Kirk Aubry will retire from the company on Dec. 31. Chief Operating Officer Jeff Roberts is being promoted to the additional role of president, effectively immediately, and he’ll take on the CEO role Jan. 1, 2025.Savage Chairman Don ...
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Monthly inbound cargo volume at the nation's major container ports should consistently be above 2 million 20-foot equivalent units, or TEUs, through this summer and into early fall, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates."We haven't seen numbers this high for this ...
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