News
India-US Trade Surge, OSRA-22 Underperformance, and More
The USA and India continue to move away from Chinese trade, favoring each other, while trans-Atlantic spot rates remain high due to ongoing port congestion.
US Rail Strike Averted
US cold storage demand rises, warehouse hiring declines, 80% declines in profits projected for carriers by 2024, and delays from typhoon Hinnamor across east Asia
Delays from Typhoon Hinnamor and More Industry News
US cold storage demand rises, warehouse hiring declines, 80% declines in profits projected for carriers by 2024, and delays from typhoon Hinnamor across east Asia
Improved Global Vessel Reliability, Dropping Trans-Pacific Spot Rates, and More
July and August saw improvements to global vessel reliability as Trans-Pacific spot rates continue to drop, and MSC September sailings will slide by one week.
Mojave Inland Port Project Gains Support as Warehousing Demand Rises
Empty containers affect entire US supply chain, demand for additional inland warehousing grows, and the Mojave Inland Port begins initial construction stages.