Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

New York shipping surge puts it hot on the heels of west coast rival

default_image
© Khunaspix Dreamstime.
By

New York is crowing. Combined port and airport figures show growth last year of 18% over the previous year, while larger west coast rival Los Angeles saw just a 12% rise in two-way trade. A combination of the widening of the Panama Canal, plus a manufacturing shift out of China into India and Bangladesh means the east coast city is optimistic that one day it will wear the crown.

Read more...

Topics

Most Read

MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'

Urgent call for breakdown of cargo onboard as General Average declared on Dali

Hong Kong drops out of world's top 10 busiest container ports

Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker

Flexport is 'back on track' – now it needs to start growing again

Bottlenecks and price hikes as airlines now avoid Iran airspace

Iran may now pose a threat to multimodal supply chains via Dubai

Capture of MSC Aries will further drive up Indian export costs

Looks like rain: Panama Canal Authority eyes return to normal service

Cargo flows through Dubai delayed by flooding, with 300 flights cancelled

Carriers look to short-term gains over blanking, as Red Sea crisis props up rates

EXCLUSIVE: Kuehne + Nagel shockwaves in APAC

Sustainability concerns don't show on shippers' procurement radar

Talk of Schenker, Flexport et al – and a meagre lunch for forwarders

CMA CGM Air Cargo finally launches transpac services

Forwarders: can an airline do without them? An age-old debate airs