Retailers project continued strong imports into 2022, with no traditional post-holiday slack period, as sales remain strong and ports work overtime to reduce vessel backlogs
Archive for the ‘CONSUMER GOODS’ Category
Delays in shipments could extend through the holiday season and into next year due to a stressed supply chain, experts warned.
Home Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.
What can a great logistics operation do for a company in this economy? Lots more than move boxes around, as it turns out. Take the logistics team at Dollar Tree as an example.
There are over 60 container ships full of import cargo stuck offshore of Los Angeles and Long Beach, but there are more than double that — 154 as of Friday — waiting to load export cargo off Shanghai and Ningbo in China, according to eeSea, a company that analyzes carrier schedules. The number of container […]
Vessel omissions and a shortage of shipping containers resulted in a mixed bag of throughput results at the Port of New Orleans (Port NOLA) in August. Fourteen vessel omissions at the port in August represented a 30% increase in omissions compared to the same month last year.
With around 70 container ships loaded with cargo now waiting at anchor or drifting off the ports of Los Angeles and Long Beach, how deep of a hole are the terminals actually in? To answer that question, American Shipper analyzed data from the Marine Exchange of Southern California on exactly which ships are out there and how […]
Short line Indiana Rail Road (INRD) is planning a multiyear expansion of intermodal facilities for customers that want service to and from the Indianapolis market and Canadian and U.S. West Coast ports. INRD has kicked off the first phase of its expansion project, which will span three years and will have an anticipated completion date in 2023, […]
Port Houston handled its highest month ever for total twenty-foot equivalent units at 320,086 in August, an increase of 29% compared to the same period last year. The port also recorded the highest monthly loaded imports on record at 159,791 TEUs during August, a 37% increase compared to August 2020.
Seven months ago, Maersk CEO Soren Skou touted Q4 2020 as “the best quarter ever.” Announcing the initial outlook for this year on Feb. 10, he said the best-case scenario “would basically mean for us to do four times what we did in the fourth quarter.” That outlook has long since been left in the […]