News & Resources

Aug 31, 2016 – Today, global transportation giant Hanjin Shipping filed for bankruptcy protection, a day after the company’s creditors discontinued financial support. The South Korean shipping company is the world’s 7th largest steamship line by volume, and has been…

Wednesday, June 8th – The Panama Canal is set to open its two newest locks this month after nearly 10 years of constructions. Many of North America’s major ports have been in a race to be prepared for the world’s…

April 11, 2016 – The International Convention for the Safety of Life at Sea (SOLAS) has amended its convention to mandate “Container Weight”. The mandate requires the weight of cargo loaded containers be certified before loading on a vessel. Cargo…

January 22, 2016 – Ports America announced on Tuesday that they are terminating their 50 year lease in the port of Oakland. They want to focus their attention on their other US ports to prepare for the arrival of mega-ships.

In Q4 of 2015, four container terminals at the Port of Oakland will use a program called OakPass to operate their terminal gates on Saturdays. With Saturday hours the Port of Oakland is hoping to reduce weekday import cargo congestion.

June 12, 2015 – The Panama Canal expansion project, or as it has been dubbed, the Third Set of Locks Project is intended to double the capacity of the Panama Canal by early 2016.

May 18, 2015 – The port issues earlier this year continue to hurt shippers. The congestion is still causing delays and in some cases lost business. Mark Szakonyi, Executive Editor of the Journal of Commerce (JOC), has reported that the big…

April 17, 2015 – With the agreement of key Congressional leaders on Thursday, President Obama was given special authority to finish negotiating one of the world’s largest trade deals. Though he faces a divisive fight with fellow Democrats over this bill,…

April 8, 2015 – Several U.S. East Coast ports are being tested by a surge in volume due to the months of West Coast port delays and a strengthening U.S. economy. Joseph Bonney, Sr. Editor of the Journal of Commerce…