Items Tagged with &#39;Port of New York and New Jersey&#39;

With the Covid-19 shipping boom fading into history, the maritime community faces a new crisis: slumping demand and plummeting rates.

CMA CGM to acquire New York and New Jersey terminals operated by GCT

Acquisition will complete the French logistics firm’s portfolio of seven terminals in the U.S.; will support U.S. East Coast supply chain growth.

December 7, 2022

Acquisition will complete the French logistics firm’s portfolio of seven terminals in the U.S.; will support U.S. East Coast supply chain growth.

MOTOR FREIGHT

Struggles ahead for truckers as market softens, pricing power swings back to shippers

The last two years have invigorated the bottom lines of the nation’s trucking fleets. As inflation powers ahead, consumers switch spending from goods to services, and supply chains remain disrupted, is the trucking profit party about to end?

August 30, 2022

The last two years have invigorated the bottom lines of the nation’s trucking fleets. As inflation powers ahead, consumers switch spending from goods to services, and supply chains remain disrupted, is the trucking profit party about to end?

MARITIME/PORTS

Maritime operators adjust to uncertainty as capacity/pricing pendulum starts to shift

Containership lines racked up record profits in 2021. Entering the second half of 2022, protecting those margins is job one, but as demand eases, a softer market may have other ideas. For the nation’s ports, congestion once again may raise its ugly head as the 2022 peak season swings into full gear.

August 1, 2022

Containership lines racked up record profits in 2021. Entering the second half of 2022, protecting those margins is job one, but as demand eases, a softer market may have other ideas. For the nation’s ports, congestion once again may raise its ugly head as the 2022 peak season swings into full gear.

Leatherman-Terminal-_Photo---SCPA---Walter-Lagarenne__sm.jpg

East Coast ports post record volume

From New York to Florida, ports continue to handle more cargo; South Carolina touts extra capacity from recent expansions, Florida offers business incentives.

October 19, 2021

From New York to Florida, ports continue to handle more cargo; South Carolina touts extra capacity from recent expansions, Florida offers business incentives.

Strong volume continues through Port of New York and New Jersey

Total volume through the port rose 47% in June, officials said.

August 9, 2021

Total volume through the port rose 47% in June, officials said.

MARITIME/PORTS

Facing an unprecedented surge, where do ports and container lines go from here?

As the economy recovers from the pandemic, consumers are buying, businesses are reopening, and maritime operators are in a titanic struggle to process record-breaking cargo volumes. Next up: peak season.

July 21, 2021

As the economy recovers from the pandemic, consumers are buying, businesses are reopening, and maritime operators are in a titanic struggle to process record-breaking cargo volumes. Next up: peak season.

port-authority--cma-cgm-welcomes-lady-libertys-little-sister-to-the-us_51280734562_o.jpg

Port of NY and NJ welcomes Little Lady Liberty

Nine-foot replica of the Statue of Liberty arrives in New York via CMA CGM Nerval to mark the 135th anniversary of the original statue’s trans-Atlantic voyage.

July 2, 2021