Explosions Rock Tianjin Port -The first of a series of explosions rocked the China’s Tianjin port late Wednesday. Early reports indicate that the explosions originated at a warehouse facility specialized in handling explosives and other hazardous material. The first...
Suez Canal Expansion Opens – An expansion to the Suze Canal opened this week. The project reportedly cost $8.2 billion to complete. Officials estimate that the expansion will cut average vessel waiting time of 8-11 hours down to 3 as well as allow larger vessels to...
FMC Report on U.S. Port Congestion – The Federal Maritime Commission (FMC) released a report this week on U.S. Port Congestion. Below is an expert from the report citing chassis availability as a major issue. The lack of chassis availability emerged, alongside...
PierPass Will Raise Fees – PierPass fees will rise from $66.50 to $69.17 per TEU next month. Higher labor costs due to the new longshore contract are the reason for the increase. PierPass has been around for 10 years and has led to more than 50% of truck traffic to...
Samsung Creates “See-through” Truck – Samsung has launched a trial project of mounting a video screen to the back of trucks that projects images from a front mounted camera. The result allows drivers to “see through” the vehicle at road conditions ahead. Drivers...
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