A projected rise in US import volumes suggests retailers are optimistic about the holiday season, while the Federal Reserve’s interest rate hikes are taking a toll on retail sales and the US economy is showing signs of slowing. Meanwhile, US supply chains have so far...
AJOT – Descartes releases September Global Shipping Report
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its September Global Shipping Report for logistics and supply chain professionals. In August 2023, U.S. container import volume increased slightly compared to...
GCAPTAIN – West Coast Container Ports Regain Some Market Share with Labor Situation Resolved
U.S. container import volumes increased slightly in August compared to the previous month, consistent pre-pandemic peak-season patterns, according to Descartes Systems Group’s September Global Shipping Report. The report shows that U.S. container import volumes...
FREIGHTWAVES – US container imports rise in line with pre-COVID peak season pattern
Container shipping spot rates in the trans-Pacific trade started to rise in late June and remain near their highs for 2023. The question is: How much of this rate gain is driven by peak season demand, and how much by shipping lines intentionally constraining capacity?...
REUTERS – US West Coast ports gained market share in August after labor deal, report says
LOS ANGELES, Sept 11 (Reuters) - U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their main rivals on the East Coast lost ground, Descartes Systems...
YAHOO FINANCE – US container imports rise in line with pre-COVID peak season pattern
Container shipping spot rates in the trans-Pacific trade started to rise in late June and remain near their highs for 2023. The question is: How much of this rate gain is driven by peak season demand, and how much by shipping lines intentionally constraining capacity?...
Global Trade Data: Reshoring Semiconductor Supply Chains Easier Said Than Done
Top importing and exporting countries in the semiconductor supply chain network are rolling out incentives to make more chips at home, while tightening controls on sharing chip technologies abroad. Descartes Datamyne trade data helps clarify what’s at stake and who...
Global Shipping Data: U.S.-Mexico Trade Spike as China Imports Surge to the Latin American nation
Mexico has been a major trading partner with the United States for decades, however, in recent years, that trade has risen sharply, with China contributing significantly to the increase, according to Descartes Datamyne U.S.-Mexico trade data. The trend serves to...
The Greening of Ammonia: The U.S. Plan to Decarbonize Chemical Supply Chains (and a Whole Lot More)
Wave upon wave of supply chain disruption has delivered the hard lesson that diversified lines of supply are essential to keep production and commerce moving. Now comes what may be the biggest disruptor yet: The deployment of clean hydrogen to industry, agriculture...
US West Coast ports regain lost volume as competitive pressure mounts
CHICAGO, May 18 (Reuters) - Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringing some of that volume back, even as those negotiations stretch into their 13th...