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ocean freight industry
Trends
- 1Savannah's Ocean Terminal renovations reach 60 percent complete▼Savannah’s Ocean Terminal renovations 60 percent complete
Renovations at Savannah's Ocean Terminal are now reported to be 60 percent complete, according to local coverage from Grice Connect and The Trucker. The project is part of ongoing work at the Port of Savannah, one of the busiest container ports in the United States, and progress updates are being closely watched by logistics and shipping interests.
- 2South Korea-Russia ocean volumes rise amid China rail congestion●News South Korea-Russia ocean volumes boosted by rail congestion in China
Ocean freight volumes between South Korea and Russia have increased as rail congestion in China pushes cargo owners toward alternative routing. Shippers are turning to sea services to avoid delays on China's rail network, boosting demand on the Korea-Russia trade lanes. Freight industry observers note the shift reflects ongoing disruption in overland Asia-Europe logistics and changing routing decisions by exporters.