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

Port of Los Angeles
17 Jul 2014
The impact of importers’ contingency plans to avoid any West Coast labor disruptions tied to International Longshore and Warehouse Union contract talks are showing up in second-quarter import volumes.
09 Sep 2013
Import volume at major U.S. retail container ports is expected to rise 5.1 percent month-over-month in September, as retailers head into the holiday season...
27 Aug 2013
Shipping lines that carry U.S. exports to Asia intend to increase their freight rates by at least $100 per 40-foot container effective Oct. 1.
27 Aug 2013
Sluggish volume on all-water routes between Asia and the East Coast of North America “does not bode well for this year’s peak season” and may force carriers to cancel sailings later this year, Drewry Maritime Research warned in its current Container Insight Weekly.
Garuda Indonesia plane in February 2013. Photo from Flickr by Prayitno. License: CC BY 2.0
27 Aug 2013
International air cargo rates remained depressed in July as the bearish demand apparent for much of the year continued to dominate markets.
20 Aug 2013
South Carolina Ports Authority reported its revenue in fiscal year 2013, ending June 30, 2013, was $140.49 million, up 7 percent year-over-year from $130.95 million.

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.