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The US Men’s National Team is in Group B with England, Iran, and Wales, and will play its first game on November 21 against Wales. A dispute between two unions over which workers get certain jobs at a cargo-handling terminal at the Port of Seattle is holding up labor talks between West Coast dockworkers and their employers.
First up, no surprises, China slowdown and depressed commodity prices, then the lifting of sanctions on Iran. OUR TAKE A tonic for the (following) Carriers & Cargo section. CARRIER & CARGO: CHOPPY SEAS AHEAD FOR CARRIERS. We are also impressed by the report’s approach.
For Power Tools Sold In Iran. are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.” Trucking Futures Trading: Are You Buying?
Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. If attacks like this one continue, broaden, or Iran moves to completely close the strait, Middle East container flows would feel the strongest impact.
Ports See Costly Delays as Cargo Ships, Volumes Grow (WSJ – sub. US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). Fetch Robotics Unveils Robotics System for Logistics Industry. Port truck drivers strike for second day (LA Times). UPS Freight Adds LNG Tractors. Con-way Inc.
The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Measuring the Imbalances*. In the United States, the Pandemic has yet to Peak. Ocean Freight.
It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. But one major shipping firm claimed the disruption will not lead to empty shelves in shops.
With container ships jumping from 5,000 TEU Panamax to 23,000 TEU Mega jumbos, carriers need huge amounts of cargo to fill these ships – and that’s only possible with cooperative vessel-sharing agreements. Nothing, actually, but it’s a decidedly different box ship business today than that of 20 years ago.
Iran continues to hold the MSC-operated Aries and its crew, meaning that several hundred India-bound loaded containers will not arrive any time soon, and several thousand export containers waiting to depart from India on the Aries may face delays as well. Freight news travels faster than cargo Get industry-leading insights in your inbox.
International tensions are rising as the UK is considering targeting Houthi positions in Yemen and Iran moved a warship to the Red Sea on Sunday, stating that Iranian naval vessels have periodically been in the Red Sea “”to secure shipping lanes, repel pirates, among other purposes since 2009.” America East Coast peak of $22k/FEU.
‘Ben Affleck… in CARGO!’ He just had to get those 7 loads out of Iran right after the student- led revolution against the Shah. And the Oscar Goes to. And the Oscar for Best Supporting Actor goes to. ’ I knew he’d get it.
The Index, in its ninth year, ranks 50 emerging markets countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. In the 50 country rankings, Brazil slips two spots to No. 9, falling below No.
In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. BP Azerbaijan, the Azeri unit of BP Plc.,
and other countries have also imposed sanctions on Iran and have provided support to the Houthis. As of late February 2024, CMA CGM is now shipping cargo through the Red Sea trade route. Supply Chain: Shipping capacity creating disruptive issues Shipping capacity is the amount of cargo that ships can transport.
Disruptions to ocean freight has led to some shift to air cargo as reflected in increased air volumes on some lanes recently. America air cargo rates climbed 14% last week to $6.06/kg, Air cargo demand should also ease as LNY begins and Red Sea-driven air demand should subside as well as ocean operations continue to stabilize.
It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. billion tons of cargo (as of 2020). The majority of the transported cargo is made up of containers, grains, and petroleum. meters in 2008 as opposed to 22.5 meters in 2001. More than 1.14
From Russia in the Black Sea to Iran-backed Houthi rebels in the Red Sea new security risks have emerged. Customers of maritime shipping firms not only want to protect their goods they also want to avoid higher insurance and additional shipping surcharges for cargo transiting the Red Sea. billion to upwards of $8 billion a year.”[1]
hit 18 Houthi targets in Yemen on Saturday in response to a recent surge in attacks by the Iran-backed militants on ships in the Red Sea and the Gulf of Aden. Another option is the consignee, meaning “the ultimate recipient of cargo; the person to whom final delivery of the cargo is to be made.” and the U.K.
SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier. Rates that are ramp or CY at origin apply from the inland rail carriers ramp at the place of receipt of the cargo by Carrier. Dangerous/Hazardous Cargo, N.O.S.,
cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. The April 5 incident is one of hundreds in which massive cargo ships lost propulsion, many near bridges and ports, according to a Washington Post analysis of Coast Guard records.
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