The curtain went up in July on a peak season that is about as different from last year’s as can be imagined. Most trans-Pacific supply chains are almost back to normal after months of severe West Coast port congestion during contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association.
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
31 Jul 2015
Although U.S. consumer spending is still lagging its potential this year, it is likely to pick up in the second half, but not enough to fill container vessels with the imports needed to support freight rate increases. That was the takeaway from Thursday’s JOC webcast on the Peak Season Shipping Forecast.
09 Dec 2014
Freight shipments and spending by shippers dropped slightly in November, but remain at a post-recession high point, according to the latest Cass Freight Index.
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 Sep 2014
Truck rentals are "at an all-time high" as commercial operators seek new ways to match capacity and rising freight demand, a PacLease executive says.
22 Sep 2014
Class I railroads plan to add locomotives and train crews to their networks in an effort to improve service in the "strongest fall peak in recent years."
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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.