|
Thursday, November 1, 2012
Top Story
Cargo starts to move in the Northeast
Cargo shipping from the Northeast, delayed this week by Sandy, is just starting to resume after disrupting supply chains and adding to the cost of the storm.
The Port of New York and New Jersey has stayed empty since it was closed on Monday morning. Officials are still trying to assess when the port, the second largest in the U.S., is likely to reopen. The U.S. Coast Guard told Reuters that they expect some shipping restrictions to be lifted today at New York Harbor.
Insurers "are going to be inundated with thousands and thousands of cargo claims" from damaged vessels, terminals and distribution facilities, according to Cameron Roberts of law firm Roberts and Kehagiaras, which specializes in trade and transportation.
Airlines, which often carry cargo along with passengers, were able to mitigate the disruption of the storm by scheduling shipments around it, and refusing to ship anything perishable until after it was over. Airlines, along with railroads, resumed business on a limited basis on Wednesday across the Northeast U.S., with the exception of flooded areas in New York and areas of heavy snow in West Virginia and Pennsylvania.
FedEx planes were returning to normal flight delivery schedules on Wednesday.
UPS worked with clients move merchandise on Friday instead of Monday, and to use express instead of ground. The company relocated its planes in Louisville from their customary location in Newark before the storm, and routed its European flights there.
For more of the USA Today story: usatoday.com



More Newswire stories
NOL reports profit in third quarter for first time since 2010
DP World third quarter down slightly, says EBITDA will match expectations
Hazmat cargo gets a once over at ports of Los Angeles and Long Beach
Vietnamese cargo ship goes down off Sri Lanka, four missing
Today's Cargo News Archives
|