New record for the month of May at the Port of Long Beach Island.
In the last month the port had the opportunity to move more than 900,000 containers, which has become a new record in its 110-year history.
The cost of the oil will bring for container, tanker and bulk shipments.
The price of Brent crude oil has risen above $72, and as oil prices rise, so does the cost of marine fuel, leading to higher surcharges for shippers.
More costly shipments and less space on cargo vessels
Due to changes in supply chains, ports have high TEU demands. Since ocean carriers operate a fleet of container ships, the more TEUs of cargo they can load, the more revenue they can earn.
The pandemic challenge at Long Beach Harbor.
The difficult challenges that the ports have had to face due to the COVID-19 pandemic have been one of the greatest challenges to overcome since, although they already had challenges in these, the challenges became much more difficult.
Smooth flow at Virginia port sets a new record in March.
In March, the Port of Virginia set a new record for TEU volume, handling nearly 280,000 TEUs and processing very smoothly.
Ocean companies may submit contracts 30 days after they become effective.
According to the Federal Maritime Commission (FMC), as of June 2, a draft will go into effect. It will allow carriers to file service contracts up to 30 days after they become effective.
Record at South Carolina port terminals.
The Port of Charleston ports have been experiencing significant growth in TEU volume, with March volume 34% higher than in previous years.
The port of Georgia invests in infrastructure due to the increase in TEU.
Georgia port commission invests in infrastructure in order to expand TEU capacity and container capacity by 20%.