Prologis says first US port-adjacent, multi-story distribution facility in Seattle could be followed by others in major port cities.
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Spot rates in eastbound Pacific continue single-digit decline.
Carriers in most cases have kept the rate on the West Coast that they charge their largest customers above $1,000 per feu container.
Former Long Beach harbor commissioner and current FMC member will return to Southern California to become executive director of Port of Long Beach.
Seattle and Tacoma are operating more efficiently and profitably since they formed the Northwest Seaport Alliance.
Retailers project strong growth in consumer spending and therefore imports for at least the next six months.
Repurposing port properties for anciliary services helps Oakland to curb congestion.
Marginal drop in spot rates shows cautious BCO approach during first week under the new carrier alliances.
Footwear importers encounter logistics challenges as they source outside of China.
SSA Terminals in Tacoma will provide stevedoring and terminal services for Matson when APM Terminals' lease expires.
"Customers change over $50 a container.”
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