Skip to content
Search AI Powered

Latest Stories

Port of Savannah adds ship-to-shore cranes

The Port of Savannah took delivery of three Neo-Panamax ship-to-shore cranes this week, bringing its total to 36.

Port of Savannah Cranes

The Port of Savannah received three Neo-Panamax ship-to-shore cranes on Tuesday, bringing its total to 36, more than any other single terminal in North America, port officials said this week.

The addition comes on top of dock improvements at the port’s Garden City Terminal. Overall, the port’s growing crane fleet will allow it to serve four 14,000 twenty-foot equivalent unit (TEU) vessels simultaneously by 2023, according to Georgia Ports Authority Executive Director Griff Lynch.


“We’re already moving containers from vessel to rail in 24 hours, and these investments will help to ensure cargo fluidity as our business grows,” Lynch said in a statement.

The cranes will undergo a commissioning process, with the first new crane going into service in about 12 weeks, officials said. All three cranes are expected to be loading and unloading vessels by the end of June. When fully assembled, the cranes will stand 295 feet tall, with booms reaching 22 containers across, officials said.

The port added three cranes in December, as well, with one already in use and the other two expected to be in use in the next few weeks, officials also said.

The Latest

More Stories

forklifts working in a warehouse

Averitt tracks three hurdles for international trade in 2025

Businesses engaged in international trade face three major supply chain hurdles as they head into 2025: the disruptions caused by Chinese New Year (CNY), the looming threat of potential tariffs on foreign-made products that could be imposed by the incoming Trump Administration, and the unresolved contract negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), according to an analysis from trucking and logistics provider Averitt.

Each of those factors could lead to significant shipping delays, production slowdowns, and increased costs, Averitt said.

Keep ReadingShow less

Featured

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less