Peak Season Forecast

Steady increases in vessel capacity amid lackluster demand may dampen ocean carriers' ability to sustain higher rates during the coming peak season, and the expectations for the intermodal and trucking segments are likewise muted.

News & Analysis

Cranes at the Port of Virginia
18 Nov 2013
The Port of Virginia handled 206,597 TEUs in October, jumping 17.8 percent year-over-year and surpassing the single-month record for TEUs that was just set in July...
Port of Los Angeles
18 Nov 2013
The Los Angeles-Long Beach port complex’s total container volume in October was 1.26 million 20-foot-equivalent units, increasing 1.0 percent from 1.25 million TEUs in October 2012.
Holiday shopping
12 Nov 2013
The monthly Global Port Tracker report, published by the National Retail Federation and Hackett Associates, has downgraded its prediction for total imports at U.S. ports in 2013...
Holiday shopping season approaching.
30 Oct 2013
A shorter holiday shopping period and a consumer shift towards e-commerce may be the drivers behind U.S.-based courier delivery companies’ predictions for...
Shipping containers in port with crane
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
Workers in warehouse
11 Sep 2013
This is the season when Major League Baseball teams watch the scoreboard for updates on the standings. Container lines and shippers are doing the same thing with economic news as they seek clues to future demand.

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Commentary

2012’s container shipping rally produced rising freight rates that brought liner operators back to profitability. But with the market at another ebb, liner companies collectively must keep a cool head and resist the temptation to engage in a price war that would jeopardize a sustainable recovery.