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Global Gateways: Page 72

No Quick Fix for Congestion That Continues to Plague Port Operations
Ocean cargo handlers are scrambling for solutions to the congestion that continues to plague major U.S. container ports, especially Los Angeles and Long Beach. But the ultimate answer might lie in something beyond their control: time.
Dockworkers move cargo on a container terminal. Photo: Port of Los Angeles.
Ship Stuck Near D.C. Signals East Coast Ports’ Rush to Expand
The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.
The Ever Forward container ship in the Chesapeake Bay after it ran aground near Baltimore in Pasadena, Maryland, on March 16. Photo: Bloomberg.
Where Are the Tech Companies in Biden's Supply Chain Initiative?
The Biden administration’s launch last week of its Freight Logistics Optimization Works (FLOW) initiative has left a number of supply chain data experts scratching their heads.
An employee views information on a digital tablet. Photo: Mungkhood Studio/ Canva.
Evergreen Hires Firm That Saved the Day at Suez to Free Ship
Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.
The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.
Port of Los Angeles Sees Record Volume in February
Cargo moving through the Port of Los Angeles jumped 7.3% in February, representing back-to-back record months to begin 2022.
An aerial view of Pier 400 at the Port of Los Angeles. Photo: Port of Los Angeles.
A Year After Suez Canal Fiasco, Bad Luck Strikes Again for Evergreen
A year after a giant container ship got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground.
The Ever Given container ship departs the Suez Canal in Egypt on July 7. Photo: Bloomberg.
Europe’s Biggest Port Is 'Extremely Worried' About War Impact
The Port of Rotterdam is a particularly sensitive economic pillar of the Netherlands.
Shipping containers sit on the deck of cargo ship One Crane, docked at the Port of Rotterdam, in Rotterdam, Netherlands. Photo: Bloomberg.
War Shocks Ripple Across One of the World’s Busiest Trade Lanes
Putin’s assault on Ukraine, and retaliatory steps designed to paralyze the Russian economy, are heaping new disruptions on supply chains that never recovered from unprecedented shocks caused by the pandemic.
Empty dry docks at the Port of Odessa in Odessa, Ukraine. Photo: Andrey Sarymsakov/ Canva.
Narrow Window to Clear Clogged U.S. Port Hinges on Demand Waning
The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union-contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.
Shipping containers in the Port of Los Angeles in Los Angeles, California. Photo: Bloomberg.
White House Will Invest $450 Million to Ease Port Congestion
The U.S. Transportation Department is awarding some $450 million in grants for port-related projects to bolster capacity and improve the movement of goods, senior Biden administration officials say.
Container ships berthed at the Port of Los Angeles in Los Angeles, California. Photo: Bloomberg.
Banks Freeze Millions in Truck Convoy Funds Under Trudeau Edict
The measures approved Monday are meant to cut off funding to protest leaders and to pressure trucking companies to prevent their semis from being used again in blockades.
Canadian Prime Minister Justin Trudeau speaks to members of the media in the House of Commons in Ottawa, Ontario. Photo: Bloomberg.
Trudeau Maintains State of Emergency After Blockade Dispersed
Canadian Prime Minister Justin Trudeau said his government will retain emergency powers for at least a few more days because of ongoing threats, even after police cleared all blockades across the country.
Demonstrators gather as rows of trucks sit parked during a protest against vaccine mandates in Ottawa, Ontario. Photo: Bloomberg.
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