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,...
A somewhat positive short-term outlook for the American economy and continued strong consumer spending helped push U.S. container imports into new record territory in May 2022. The spike will likely make managing supply chain risk all the more complex especially when...
Month-by-month, this year’s peak shipping season for U.S. maritime imports broke volume records, surpassing 2 million TEUs in August and October. This year’s peak shipping season, the August-to-October run-up to year-end holidays during which merchants stock up for...
Examining the Strategic Role of Affected Deep-water Ports As of today (August 30), it’s too soon to gauge Hurricane Harvey’s impact, let alone target dates for recovery. Even as the rains eased in Corpus Christi (near the hurricane’s landfall) and Houston, Harvey has...
Free report from Descartes Datamyne ranks top 20 NVOCCs by import TEUs in first half 2017, reveals gains in volumes, NVOCC share of U.S. import market. We’ve been tracking the NVOCC share of U.S. maritime imports as an indicator of shippers’ use of logistics services...
NVOCCs again laid claim to a record 38.8% share of US import shipping volumes in 2016, with a growth rate in TEUs that outpaced the rate of carriers as a whole. Our bill-of-lading data shows that ocean carriers brought 20,953,723 TEUs in imports to US ports last year;...
The bankruptcy of Hanjin Shipping has left thousands of TEUs in cargos at sea, with Hanjin vessels being turned away from ports of entry or, as reported by CNBC, seized in Chinese ports. Ranked sixth in market share for Asia-North America shipping routes in first-half...
The first super-sized cargo vessels to pass through the newly expanded Panama Canal have begun arriving in ports along the East Coast – starting with the MOL Benefactor. The Mitsui O.S.K. Lines neopanamax containership made the first commercial transit through the...
West Coast ports cargo volumes continued their rebound in February, our bill-of-lading trade data shows. Port of Los Angeles import volumes, measured in TEUs (or 20-foot equivalent units), were up 48% in February compared with the same month a year ago. The top ranked...
NVOCC US import TEU share reached 37.4% in 2015, a bump up from 2014’s share of 36.0%, and a 10 percentage point gain over 10 years, our trade data shows. Global companies’ confidence that more shippers will be outsourcing their logistics is seen as driving M&A...
