However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.
Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot organizations lifted air draft restrictions.
American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of the month.
Registration takes less than 1 minute.
The debut of “THE” Alliance and the OCEAN Alliance caused a rise in capacity on the transpacific trade, according to the latest quarterly World Liner Supply Report from BlueWater Reporting.
The third-busiest port complex in North America has spent billions raising the Bayonne Bridge and dredging New York harbor in preparation for larger containerships.
The South Coast Air Quality Management District proposed a tax on container shipments to fund incentives for further reducing ozone levels.