A truck picking up a container at the NIT Terminal at the Port of Virginia. NIT Terminal is the largest terminal at the port with more than 90 semi-automated stacking cranes. Lori Ann LaRocco | CNBC The Port of Virginia is on track to become the functionally widest and deepest port on the U.S. East … Read more
A.P. Moller-Maersk says that based on progress made in the Port of Baltimore collapsed bridge clean-up, it may be able to set a timeline on returning to the port in the next week or so, and resumption of network services at the Baltimore port for the second-largest global ocean carrier could come by the end … Read more
Cranes rest idle while waiting for a ship to dock to remove cargo containers in Los Angeles Harbor on March 14, 2024. Genaro Molina | Los Angeles Times | Getty Images A top Biden cybersecurity official urged the nation’s ports in a joint call on Wednesday to have their data encrypted, rapidly patch any vulnerabilities … Read more
A Key Bridge Response 2024 Unified Command image of response crews remove shipping containers using a floating crane barge after the cargo ship Dali struck and collapsed the Francis Scott Key Bridge, on April 7, 2024 in Baltimore, Maryland. Handout | Getty Images News | Getty Images The process of removing shipping containers from the … Read more
Just days after CSX announced a new rail line in response to the Port of Baltimore closure, the Baltimore-bound containers that were diverted to the Port of New York and New Jersey are back being unloaded in Baltimore. “We will keep this in play for the duration of the port closure,” said Mark Schmidt, vice … Read more
Debris is cleared from the collapsed Francis Scott Key Bridge as efforts begin to reopen the Port of Baltimore on March 31, 2024, in Baltimore, Maryland. Tasos Katopodis | Getty Images News | Getty Images Coast Guard officials tell CNBC the secondary channel that is being created in the southwest channel of the Port of … Read more
CSX train at Seagirt Marine Terminal, Port of Baltimore. Baltimore Sun | Tribune News Service | Getty Images CSX is starting a new dedicated freight rail service between Baltimore and New York for its clients on Tuesday to help mitigate the trade disruption as a result of the closure of the Port of Baltimore after … Read more
Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre on December 19, 2023 in Sutton Coldfield, England. Nathan Stirk | Getty Images News | Getty Images Every year, the U.S. goes through enough cardboard boxes for shipping to pave a one-mile-wide road from New York City to Los Angeles three times, or build … Read more
MSC, the largest ocean carrier in the world, has joined the list of ocean carriers terminating the delivery of diverted containers outside of the port for shipping clients as a result of the container ship accident near the Port of Baltimore that led to the tragic bridge collapse. With the Baltimore port indefinitely closed, the … Read more
Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as $4 billion, which would make the tragedy a record shipping insurance loss. Six people are still missing after a collision with a Singapore-flagged container ship destroyed the landmark bridge on Tuesday, … Read more
