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Global Gateways: Page 77

Three Things Mexican 3PLs Can Offer to U.S. Shippers
As shippers adjust to the U.S.-Mexico-Canada Agreement (USMCA), they could face a volatile cross-border freight market.
How K.C. Southern Morphed From Rail Dark Horse to $30 Billion Prize
In less than a year, Kansas City Southern has transformed from an industry wallflower to the belle of the ball, getting courted by Canada’s two biggest railroads.
A Kansas City Southern freight train. Photo: Bloomberg.
Oakland Tops L.A. Area as Ships Inundate World’s Ports
It’s hard to predict when normality will return.
Source: Port of Oakland
L.A.-Area Port Backlog Persists as Imports Surge
Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower months of the year for container volumes.
Palm trees stand before stacks of shipping containers at the Port of Los Angeles in Los Angeles, California. Photo: Bloomberg.
End of Suez Snarl Marks Beginning of New Stress on Global Trade
The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.
A container ship sails at dusk. Photo: Bloomberg
Ships Get Moving Through Suez as Giant Ever Given Is Freed
Ships started moving again through the Suez Canal on Monday after the giant container ship that lay stranded across the critical waterway for a week was finally tugged free.
The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.
Suez Mess Adds to Global Economic, Supply-Chain Stress
The backlog is one more strain for global supply chains already stretched by the pandemic.
The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.
Blocked Suez Forces Ships to Look at Long Trip Around Africa
A massive container ship blocking the Suez Canal showed no signs of budging for a third day, forcing container carriers and other vessels to weigh costly and time-consuming voyages around Africa that threaten to destabilize the already fragile underpinnings of global trade.
Satellite image from Cnes2021, Distribution Airbus DS, shows cargo ship Ever Given stuck in the Suez Canal near Suez, Egypt, Thursday, March 25, 2021.
What’s Backed Up at the Suez Canal? Live Animals, Oil and Food
Crews are still struggling to remove Ever Given, a stranded container ship longer than the Eiffel Tower, and a look at the type of cargoes waiting to pass show the shipping delays will affect a range of industries.
0325 Suez Canal
Fight Between Commodities Giants and Shippers Leaves Seafarers Stuck
A standoff between commodities giants and shipping companies is prolonging the labor crisis at sea, with an estimated 200,000 seafarers still stuck on their vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards.
Emissions from a cargo ship at dusk. Photo: Shutterstock.
CP Rail’s CEO Makes the $25 Billion Deal His Mentor Wouldn’t
Canadian Pacific Railways’s Keith Creel for years followed in the footsteps of Hunter Harrison, an industry legend whose revolutionary efficiency strategy became the standard at all the major North American railroads.
Keith Creel, chief operating officer of Canadian Pacific Railway Ltd. Photo: Bloomberg.
CP Rail Agrees to Buy Kansas City Southern for $25 Billion
Canadian Pacific Railway is aiming to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance.
A Canadian Pacific Railway train leaves Hardisty, Alberta, Canada. Photo: Bloomberg.
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