BNSF Railway and CSX Transportation have partnered to launch service upgrades featuring new trains and faster transits from Southern California to the Ohio Valley and Northeast. Nine lanes constitute these upgrades, including a new service from Southern California to Louisville and Philadelphia. The other seven pre-existing...
The California Energy Commission has awarded the Port of Long Beach $20 million to fund the ongoing development of Pier Wind, a proposed 400-acre terminal to assemble and deploy floating offshore wind turbines. The Port of Long Beach will contribute $11 million to complete engineering, environmental,...
The Suez Canal Container Terminal in East Port Said has expanded, adding 2.2 million TEUs of annual capacity, bringing the facility's total throughput capability to 7 million TEUs. This $500 million upgrade is a significant investment in one of the most strategic maritime corridors. It consists...
Industrial action across Belgium's rail, transport and public sectors has the potential to disrupt freight flows through Antwerp and the wider Benelux logistics corridor, placing more strain on a European port network already battling congestion and capacity limitations. Europe's three largest container hubs - Antwerp, Rotterdam...
As US real GDP growth slows and consumer spending dwindles, container cargo volumes are projected to range from flat to down 2% in 2026 compared to this year, resulting in a challenging year ahead for the US ports sector. US trade policy remains the primary factor...
The Canadian government has announced the Trade Diversification Corridors Fund: an initiative which aims to unlock new export opportunities and create a more resilient and diversified economy. This C$5 billion (US$3.55 billion) project aims to lessen the country's trade dependency on the US and double...
This year has seen an increase in global wine production, with an output of 232 million hectolitres. Whilst this year has seen a rise, the volume of output remains below average for the 3rd consecutive year, as vineyards continue to grapple with unpredictable weather conditions,...
The increasing imbalance between the volume of China's exports and imports is beginning to impact functional container ship tonnage, requiring more container equipment and handling, as the ratio of exports to imports over the last two years has steadily risen from 3.12 to 3.29. With China...
The new year will see the redecking of the Vincent Thomas Bridge commence. With an anticipated project duration of approximately 18 months completion is planned for 2028. A critical connection in the Los Angeles port complex, the Vincent Thomas Bridge is located at the entry to...
With import volumes expected to decline over the next 60 days, shipping organisations will find it increasingly difficult to prevent spot rates from crashing. Even though there is a significant drop in new bookings due to shipper uncertainty, shipping organisations intend to keep capacity elevated, with...