Peak Season Forecast

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.

Special Coverage

The results of the 2014-15 service contracting season in the eastbound Pacific are in, and from the perspective of ocean carriers, they’re not pretty.

News & Analysis

17 Oct 2014
Congestion-caused delays at the largest U.S. port complex are pushing up outbound spot market truck rates from the Los Angeles-Long Beach market to inland distribution points.
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.
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...

Commentary

I’ve been arguing since early this year that international transportation is headed for trouble because of a variety of transportation-specific problems exacerbated by an improving economy that’s driving faster volume growth and pushing capacity to the limit. With half the year over and the peak shipping season about to begin, those concerns are only deepening.