The recent collapse of a critical bridge in Baltimore has sent shockwaves through the transportation and logistics industry, raising trade concerns through one of the East Coast's busiest ports. The implications of this incident extend far beyond the immediate area,...
WSJ – Logistics Report “Number of the Day”: Espionage Alarms Over Port Cranes; Red Sea Shipping Crisis Gets Fatal
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
Global Shipping Data: Despite a February Decline in U.S. Container Imports, Year-over-year Volume Surges
In February 2024, trade data tracked a 6% decline in U.S. import volume from January. Conversely, import volumes surged by 23.3% compared to the same month last year. Despite conflicting figures, a deeper analysis suggests February remained strong, with overall volume...
Global Trade Data: Decoding Automotive Trends, Supply Chain Dynamics, and Climate Change Impacts
Download the free January 2023 report on U.S. tire imports that accompanies this article. Download the Sample Report Descartes Datamyne trade data gauges the impacts of the post-pandemic recovery, supply chain disruptions, trade policies, and climate change...
Global Trade Trends: U.S. Imports up 7.9% in January 2024, from December 2023
Global trade data tracked by Descartes indicates that In January 2024, the volume of U.S. imports in the surged by 7.9% compared to December 2023, marking the most substantial month-over-month growth for January in the past seven years. The increase was largely...
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