YOU ASK, GREEN ANSWERS What is Vessel Utilization? Vessel utilization is the ratio of loaded containers to the total container slots available on a vessel. Increased vessel utilization reduces the need for repositioning empty containers. Repositioning accounts for roughly one fifth of global container movements. Optimizing vessel utilization can reduce [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
YOU ASK, GREEN ANSWERS What is the Container Load Factor? Container load factor is the ratio of weight or volume of cargo in a container to the container’s maximum capacity. It is a measure of efficiency to understand how much capacity is being utilized. The container load factor is [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
ZERO-EMISSIONS REPORTING EXTENDED The California Air Resources Board (CARB) has granted heavy-duty truck owners and operators - including drayage vehicles - an extra month to complete their 2023 reporting for the Clean Truck Check program. The new deadline for entering information into the Clean Truck Check-Vehicle Inspection System (CTC-VIS) [...]
BOEING 737 MAX 9 AIRCRAFT GROUNDED Safety concerns arising from the recent equipment malfunction during Alaska Airlines Flight 1282 have led the Federal Aviation Administration to issue an Emergency Airworthiness Directive (AD). The AD, effective January 6, 2024, requires all owners and operators of Boeing 737 MAX 9 aircraft [...]
The Panama Canal and the Suez Canal are important maritime passageways in the global supply chain. Strategically located to facilitate efficient trade, these canals act as connectors between major trading zones. The Panama Canal links the Atlantic and Pacific Oceans, offering a faster route for vessels navigating between North and [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]
The Office of the US Trade Representative (USTR) recently announced an additional extension of 77 COVID-related exclusions. Originally set to expire in December 2023, the relief granted by these exclusions will now end in May 2024. Items excluded from Section 301 tariffs levied on imports from China include some [...]
CBP IMPLEMENTS TEMPORARY OPERATIONAL CHANGES U.S. Customs and Border Protection (CBP) has temporarily suspended international railway crossing bridges in both Eagle Pass and El Paso, Texas until further notice. This latest operational move was implemented to redirect personnel to support the U.S. Border patrol due to a surge of smuggling [...]
