U.S. containerized imports through the rest of 2015 are expected to rise slightly faster than previously forecast, according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates.
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.
14 Jul 2014
Six months after the most disruptive winter for North American supply chain interests in recent memory, the upcoming summer-fall period is shaping up as the intermodal peak season of shipper discontent.
09 May 2014
As West Coast waterfront employers launch contract negotiations on May 12 with the International Longshore and Warehouse Union, many beneficial cargo owners are planning to ship their freight through alternative gateways in the event of disruptions or a work stoppage.
07 May 2014
The Drewry benchmark rate for shipping from Hong Kong to Los Angeles was flat this week, but the analyst anticipates a short-term boost around the general rate increases planned for mid-May.
30 Apr 2014
Encouraged by growing cargo volumes and relatively high vessel utilization rates, shipping lines in the eastbound Pacific announced their intention to implement a peak-season surcharge of $400 per 40-foot container effective June 15.
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...
There will be a peak season, a little later than normal in the trans-Pacific, perhaps, and carriers could indeed reap the benefits of higher pricing.