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

31 Jul 2014
Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining.
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.
Port of Long Beach stacktrains
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.
Drewry's Hong Kong-Los Angeles Container Rate Benchmark
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.

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.