Warehousing Supply Shortage, Container Shipping Capacity Cuts, and more
This week: Shippers continue to divert Asian imports to East and Gulf Coasts as ILWU negotiations continue Asian import volumes expected to decline further through the fourth quarter US trucking industry outperforms expectations 12 marine highway projects receive...
ILWU Contract Negotiations, Plummeting Ocean Spot Rates, and More
This week: Shippers continue to divert Asian imports to East and Gulf Coasts as ILWU negotiations continue Asian import volumes expected to decline further through the fourth quarter US trucking industry outperforms expectations 12 marine highway projects receive...
Carrier Surplus Capacity, Asia-West Coast Spot Rates, and More
This week: Forecasts of US imports sink lower than those made a month ago Ocean freight demand drops, but carriers will soon see a surplus in ocean tonnage Plummeting Asia-US spot market rates may soon cause losses for carriers Port of NY-NJ revises long-dwelling...
Pacific Blank Sailings, Longshore Negotiations, and More News
This week: Air freight demand out of Asia drops, bringing some spot rates lower than contract rates Ocean blank sailings remain unchanged from last year in the face of high capacity and lower demand Domestic supply chains will overcome chassis shortage next year ...