Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett Associates said.
Posts Tagged ‘Ocean’
Coinciding with the upswing in the world economy two years ago, global seaborne trade is doing well, note analysts for the Geneva-based United Nations Conference on Trade and Development (UNCTAD). They also observe that containerized shipping expanded by 4% in 2018-the fastest growth in five years.
The Port of New York and New Jersey witnessed a record-breaking year as it handled over 7 million TEU in 2018 for the first time in its history.
The American Association of Port Authorities (AAPA) has identified nearly $4 billion in “crucial” port and supply chain security needs over the next decade, according to a new report. In the fourth edition of its “The State of Freight” report, the AAPA recommends refocusing the Federal Emergency Management Agency’s Port Security Grant Program to “better meet the security infrastructure needs […]
United States-bound waterborne shipments in December capped a record-breaking year for global trade, according to data issued this week by global trade intelligence firm Panjiva.
Imports at the major retail container ports in the US have slowed down after a months-long rush to beat increased tariffs on goods from China, the National Retail Federation (NRF) said.
Carrier pricing for air cargo shipments is also expected to remain on a steep trajectory, says Chuck Clowdis, managing director of the consultancy Trans-Logistics Group, Inc.
As we usher in 2019, many industry analysts are telling logistics managers to begin planning for a major transformational event coming into play for the ocean cargo sector a year from now.
Air cargo volumes for November bucked normal seasonal trends and declined compared with October levels. The latest figures from analyst WorldACD show that there was a 1.4% year-on-year (YoY) decline in cargo volumes in November, but more surprisingly there was a slip of 2% compared with October. Usually air cargo demand increases in November as the industry […]
Shippers’ frustration with their inability to pick up containers and return empties at the Los Angeles-Long Beach port complex is rising, as thousands of dollars’ worth of detention and demurrage charges are accumulating owing to an unusual period of congestion.