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Global Gateways: Page 47
Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level
Yemen’s Houthi militants managed to strike the
MV Tutor
with a seaborne drone, killing one crew member and injuring others.
State of Logistics Report: More Climate-Driven Shipping Disruptions to Come
Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.
Canada Border Agents to Vote on New Labor Deal by July 4
Details of the deal were released on June 14, with border agents getting a 14.8% wage increase over four years, retroactive to June 2022.
Malaysia to Get New $425M AI-Powered Port Near Kuala Lumpur
The new port will use AI systems will also analyze traffic data to plan ship movements and automate logistics.
Port of Los Angeles Imports Fell 4.5% in May, Exports Rose 23.8%
Overall container volumes at the busiest U.S. container port are up 18% in the first five months of the year compared to the same period in 2023.
Attacks Drove 90% Decline in Container Shipping Through Red Sea, U.S. Spies Say
The attacks have impacted at least 65 countries and forced at least 29 major energy and shipping companies to alter their routes.
Port of New Orleans Gets Millions in Funds for New Downriver Terminal
The new terminal — which is still in the federal permitting process — is expected to open in 2028, and will accept as many as 280,000 containers each year.
Peak Shipping Season Arrives Early at U.S. Ports
The National Retail Federation projects more than 2.1 million TEUs in imports to the U.S. in each of June, June and August.
Port of Baltimore Ramps Back Up as Channel is Restored to Full Capacity
Dwell times at the port have stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port.
Could Container Leasing Rate Price Bubble Be Poised to Burst?
Red Sea diversions have had many carriers pulling shipping schedules forward in anticipation of future disruptions in the region, but that is unlikely to last.
Strike Averted as Canada Border Agents Reach Tentative Deal
A possible strike had previously been delayed from June 6 to June 12 to allow for more time to negotiate.
Port of Baltimore Shipping Channel Reopens
Rebuilding the span will take more than four years and cost up to $1.9bn, state authorities in Maryland have said.
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