Container volumes at U.S. ports soared in February, maintaining a robust performance for the year. The Port of Los Angeles, a key player in this surge, recorded a remarkable 60% rise in container processing compared to the previous year, reaching a total of 781,434 containers. This achievement marked the seventh consecutive month of year-over-year growth…
The Member of Parliament representing Thunder Bay-Rainy River, Ontario, Marcus Powlowski, acting on behalf of Minister of Transport Pablo Rodriguez, has unveiled a substantial investment totaling $6.7 million for two pivotal projects at the Port of Thunder Bay. The funding, facilitated through the National Trade Corridors Fund, underscores a commitment to fortifying trade corridors, bolstering…
In a landmark decision, the Federal Maritime Commission (FMC) has finalized a ruling aimed at simplifying the intricate billing processes associated with international container shipments. This move has been widely praised by truckers who have long borne the burden of paying ocean carrier detention and demurrage fees upfront, only to be reimbursed by shippers later….
In a recent escalation of tensions in the Gulf of Aden, Houthi militants launched an attack on a Swiss-owned container vessel, causing significant damage. The incident occurred on March 4, as the MSC Sky II, operated by MSC Mediterranean Shipping Co., sailed approximately 90 miles southeast of Aden, Yemen. According to reports from the U.S….
San Pedro, CA – The Port of Los Angeles marked a robust end to 2023, reporting a consistent upward trend in container processing for the fifth consecutive month. The port, despite a slow start, processed 747,335 Twenty-Foot Equivalent Units (TEUs) in December, reflecting a 2.5% increase compared to the same period the previous year. For…
