India-US Trade Surge, OSRA-22 Underperformance, and More
This week: The USA becomes India’s top trading partner as India-US trade activity surges Rhode Island District Court rules against truck-only tolls Spot rates increase in the trans-Atlantic market due to port congestion OSRA-22 noncompliance continues to erode...
Delays from Typhoon Hinnamor and More Industry News
This week: Changing trade patterns and increases in online grocery shopping increase demand for additional US cold storage facilities, supporting additional construction projects already planned or underway US imports will continue to drop for the rest of the year....
Improved Global Vessel Reliability, Dropping Trans-Pacific Spot Rates, and More
This week: July sees improvements to global vessel reliability, with mixed results for domestic vessel reliability Trans-Pacific spot rates continue to drop each week due to tight US warehousing capacity Mediterranean Shipping Co. sailings for September will be...
Mojave Inland Port Project Gains Support as Warehousing Demand Rises
This week: Empty containers continue to affect the US supply chain as carriers do not have an incentive to pick up empty containers over those loaded for export Trans-Pacific spot rates are not likely to normalize until next year Demand for inland warehousing...