According to Covenant Logistics Group, the freight industry has been up and down in recent months due to inflationary pressures and declining freight demand, but the company remains positive about its future. During the results call, Covenant chairman and CEO David R. Parker stated, "We're going to get a [return...
According to an official, the FMC requires more personnel to enforce ocean transport rules.
According to an agency official, the Federal Maritime Commission may not have enough employees to fully execute the maritime shipping changes adopted in June. "We are currently resource-constrained," said FMC Commissioner Carl Bentzel on Monday during a webinar on the Ocean Shipping Reform Act of 2022 (OSRA) and its impact...
A ‘significant shift in vessel calls’ to the Port of Savannah contributes to a record year.
The Georgia Ports Authority had a successful fiscal year in 2022, handling a record-breaking 5.76 million twenty-foot equivalent units since last July. GPA's fiscal year 2022 went from July 1, 2021, until June 30, 2022. Container volumes in 2022 were 8% higher year on year. June was also a record...