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?...
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...
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?...
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...
The paths so many goods travel as they cross the globe have changed, as have the ports where they arrive in this country. Remember when there was a line, like, 100 ships long to get into the Port of Los Angeles? Well, there is no backup now. Container volumes at West...
Chris Jones, EVP of Industry and Services for Descartes, explains the value of looking beyond one’s supply chain to better understand how commodities and freight flow. View the PDF
With the second quarter of 2023 on the horizon, importers and logistics service providers (LSPs) are wondering what lies ahead. The economic landscape is anything but predictable and there are conflicting opinions on what direction the economy will take. As for...
LOS ANGELES, Jan 10 (Reuters) - U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday. Read the full article on Reuters.com
Port of Los Angeles executive director says protracted contract negotiations are pushing importers to Gulf and East Coast gateways Imports into the nation’s busiest container port complex in Southern California are plummeting as U.S. trade sputters and retailers and...
10/10/22 – Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports. Read More
