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https://www.freightwaves.com/news/daily-infographic-how-do-shippers-become-whale-safe
J.B. Hunt Transport Services announced Friday it has started a new transload service in New York amid the nation’s supply chain bottlenecks.
The New York metro area service will provide shippers with port drayage, transloading and linehaul service to inland destinations. The operation will be supported by a facility in Jersey City, New Jersey, which was recently expanded.
J.B. Hunt (NASDAQ: JBHT) began using 25,000 square feet of space at the site in October to launch the service. The 24/7...
https://www.freightwaves.com/news/j-b-hunt-offering-transload-service-in-new-york-to-ease-congestion
C.H. Robinson posted third-quarter adjusted earnings per share of $1.85, easily beating the Street’s consensus estimate of $1.42 a share, up 85% year-over-year (y/y). Gross revenue for the third quarter totaled $6.3 billion, up 48.3% y/y driven by higher pricing and volume across most of Robinson’s services.
Robinson (NASDAQ: CHRW), the leading North American nonasset third-party logistics provider, reported its financial and operating results for the third quarter of 2021 on Tuesday after...
Almost everyone in the world of freight knows of the chaos that has occurred (and is occurring) in ocean freight during 2021. Many ships are at anchor near a number of U.S. ports and have also been unable to dock at times at Chinese ports as well. As described by FreightWaves Market Experts and reported by FreightWaves editorial staff, ocean freight has been in peak season almost the entire year.
The worst backups have been at U.S. West Coast ports, where most of the ships from China...
It’s chaos at the ports right now. Ocean shipping is experiencing unprecedented delays that are costing shippers thousands of dollars per container per day and could run deep into 2023. Container shipping, dry bulk, liquefied natural gas — it doesn’t matter how or what companies are shipping because rates are spiking across the board.
With no end to the messy situation in sight, knowing when delays will happen becomes more important than ever for carriers. With that in mind, supply chain...
The Black Star Line (BSL) was a steamship company that was completely owned, operated and financed by people of African descent. Marcus Garvey (1887-1940), a Jamaican national and master propagandist, was the leader of the Black Star Line. Garvey was a “Black nationalist and a leader of the pan-Africanism movement, which sought to unify and connect people of African descent worldwide.” Garvey also headed the Universal Negro Improvement Association (UNIA); he told UNIA members in 1921, that...
Shopping has never been easier for the consumer. They can have products delivered within a few hours, the same day, the next day or in two days. They can shop in person, online and through marketplaces. They can pick up products in-store or have them delivered to their doorsteps.
All of this is fantastic for consumers, but it puts huge pressure on supply chains to meet those flexible expectations. Not only are supply chain professionals contending with the tall task of personalizing the delivery...
https://www.freightwaves.com/news/industry-leaders-chart-future-of-supply-chain-visibility
Overview
APL, which was formerly called American President Lines Ltd., is a Singapore-based container shipping company. It is a subsidiary of French shipping company CMA CGM and operates an all-containership fleet, which includes more than 150 vessels.
Near the end of the Great Depression, the U.S. government took control of the financially strapped Dollar Steamship Co. The government transferred the company’s assets to the newly formed American President Lines in 1938. Singapore-based shipping...
Port Milwaukee is one of several U.S. ports around the Great Lakes that contribute significantly to the local, regional and national economies. While they differ in size and cargo from many U.S. coastal ports, they are equally important.
Overview
The Port of Milwaukee (Port Milwaukee) is located on the western shore of Lake Michigan; it is the only port on the lake that is approved to serve the Mississippi River inland waterway system. It offers direct river barge access from the port to the...
The ports of Georgetown and Charleston are managed by the South Carolina Ports Authority (SCPA). The ports are key to the state’s economy; directly or indirectly the ports generate 10% of all the jobs in South Carolina (over 187,000), and those jobs offer wages that are 32% higher than the state average. The SCPA states that the “ports are the most important strategic asset of the state, driving $63 billion in annual economic impact.”
An average of five vessels sail into the state’s harbors...