A historic drayage capacity shift from larger carriers to small companies and owner-operators is complicating efforts by importers to secure capacity and move containers inland.
Several Southeast ports will expand container capacity in 2022, but the question for most is when will Savannah clear all the anchored vessels outside its harbor?
The Northwest Seaport Alliance is preparing for additional container and intermodal volumes with the opening Friday of the first phase of Terminal 5 in Seattle.
The COVID-19 pandemic continues to hang over the air cargo business, and until regular international travel resumes, shippers will find space in tight supply and rates at elevated levels.
The trans-Atlantic trade will report significant volume growth in 2021 as heavy US demand fills all available capacity and pushes rates to record levels.
The ports of Los Angeles and Long Beach have excess on-dock rail capacity, so they are urging importers to ship more containers via intermodal rail to increase cargo velocity in Southern California.
A slight year-over-year decline in imports from Asia in November from near-record volumes a year ago appears to be the result of thousands of containers idled on vessels sitting outside congested US ports.
The growth in air freight on the trans-Pacific to move auto parts, footwear, and apparel has been significant this year as US shippers try to circumvent the ocean congestion that is delaying imports from Asia.
The current surge in imports from Asia is expected to continue for at least the next six months as retailers will use the second quarter for inventory replenishment prior to another early peak shipping season in 2022.
The House voted overwhelmingly in favor of the Ocean Shipping Reform Act, which if passed by the Senate and signed into law by President Joe Biden would herald the first rewriting of US shipping law since 1998.