by Alex Pappas | Jan 17, 2024 | expedited ocean freight services, FCL, Freight Forwarder, Global Supply Chain News, LCL, Logistics, Ocean Freight, Ocean Freight Forwarding, Panama Canal, Ports, Suez Canal, Week in Global Logistics
Two major maritime routes – the Panama and Suez Canals – face unique challenges that continue to reshape the landscape of international trade and logistics. The Panama Canal’s Present Challenge The Panama Canal handles 3% of global maritime volumes...
by Alex Pappas | Mar 22, 2020 | China, Freight Forwarder, Week in Global Logistics
Shipping Industry Affected by Corona Virus Pandemic The rapidly developing Covid-19 Corona Virus pandemic is affecting the shipping industry along with every other aspect of business and personal life. We will be posting to this blog page with any industry relevant...
by Alex Pappas | Sep 11, 2015 | Week in Global Logistics
Cosco Orders $1.5 Billion in Megaships – China-based Cosco Holdings Co. announced plans this week to order 11 megaships capable of carrying 19,000 TEUs each. The vessels will be used in the Asia-Europe trade and reduce shipping cost by roughly 25% compared to smaller...
by Alex Pappas | Aug 28, 2015 | Ports, Week in Global Logistics
OakPass in Oakland Modeled After PierPass – Terminals at the Port of Oakland are planning to subsidize weekend operations with a new fee schedule modeled after Southern California’s PierPass program. PierPass has been in place at Los Angeles and Long Beach terminals...
by Alex Pappas | Aug 7, 2015 | Ports, Week in Global Logistics
Suez Canal Expansion Opens – An expansion to the Suze Canal opened this week. The project reportedly cost $8.2 billion to complete. Officials estimate that the expansion will cut average vessel waiting time of 8-11 hours down to 3 as well as allow larger vessels to...
by Alex Pappas | Jul 17, 2015 | Ports, Week in Global Logistics
FMC Report on U.S. Port Congestion – The Federal Maritime Commission (FMC) released a report this week on U.S. Port Congestion. Below is an expert from the report citing chassis availability as a major issue. The lack of chassis availability emerged, alongside...
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