Alarms over potential Chinese espionage through port container cranes are growing. A congressional probe identified communications equipment on some of the container-handling equipment, the WSJ’s Dustin Volz reports, fueling concerns that the commercial cranes...
World Cargo News – Gulf Coast ports most likely to be affected by further vessel rerouting
In February 2024, container import volumes in the U.S. dropped by 6% compared to January, yet surged by 23.3% compared to the same month the previous year. Following the above-mentioned key insight from Descartes’ March Global Shipping Report, the question emerges:...
Inside Shipping – Liner execs downplay Red Sea upside, punishing their own shares
Disruptions at the Panama Canal and in the Red Sea dramatically increase voyage distances, offsetting newbuilding capacity additions. Disruptions are long-lasting, keeping extended voyage distances in place throughout this year, if not longer. Read more
Maritime Executive – Strong Outlook as Container Volumes Remain Positive at US Ports
U.S. imports are strong and continuing to grow with the outlook remaining positive into 2024. The disruptions in the Red Sea and at the Panama Canal have not impacted the number of containers arriving at U.S. ports with analysts reporting carriers have successfully...
Global Trade Magazine – February U.S. Import Container Volume Continues Strong Performance: Descartes
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its March Global Shipping Report for logistics and supply chain professionals. Read more
WSJ – Logistics Operators See a Shipping-Market Rebound Taking Shape
Demand is growing and freight rates are rising in a sign retailers are restocking inventories again Read more
Reuters – US holiday retailers importing like it is 2019
After a spending spree on goods that began during early COVID-19 lockdowns in 2020, U.S. consumer patterns are normalizing. Read more
gCaptain – U.S. Container Imports Show Modest Increase to Close Out 2023gCaptain –
U.S. container import volume was up nearly 10% in December compared to the same month last year. Read more
WSJ – Logistics Operators See a Shipping-Market Rebound
Demand is growing, and freight rates are rising in a sign retailers are restocking inventories again Read more
WSJ – Number of the Day
2,107,012 U.S. container imports in December 2023, in 20-foot equivalent units, down 9.2% from the year before but up 0.4% from November 2023, leaving U.S. annual import volume down 11.7% last year compared with 2022, according to Descartes Datamyne. Read more