Fall Season Profitable for East Coast Ports

According to the Georgia Ports Authority (GPA), Fall shipping season has been extremely profitable for U.S. ports on the East and Gulf coasts. Ship berthing time has gone down, new and expanding businesses are utilizing the anchorages, and increased capacities coming online next year have added to the attractiveness of greater efficiency. GPA recently reported […]

What is the Driving Factor Behind Container Price Gains?

Freight rates, in addition to other rates across several industries, have been fueled by the invasion of Ukraine by Russia, as well as a global uptick in demand in a post-Covid economy for diesel, gasoline, and jet fuel. Gas prices are coinciding with a profit boom for the owners of tankers that carry petroleum products. […]