2nd-half freight rebound increasingly unlikely
Further downside risks to the U.S. economy make the odds of a rebound in containerized import volumes unlikely.
Further downside risks to the U.S. economy make the odds of a rebound in containerized import volumes unlikely.
Port of Long Beach container volume plops
There’s no wave of containers coming to rescue U.S. freight markets. Booking data shows that U.S. imports are cratering.
Maritime regulators warn the Houston port agency against restrictions that could hamper the Gulf Coast container trade.
A maritime coalition wants Congress to fund a new maritime relief program as part of the next COVID-19 relief bill.
The Port of Los Angeles is still working to get toys to retailers’ shelves in time for Christmas.
2020 wins include harbor-deepening funding and Blount Island berth enhancements.
Import volumes continue to fuel the surface transportation boom. Will it last into 2021?
ZIM and 2M increase capacity of vessels calling Texas.
Fiscal-year finish 50,000 containers below plan is forecast.
Industry pushes lawmakers for roughly $2 billion in maritime-specific relief in next COVID package.
The 12 members of Reopen Jacksonville will advise the Florida city’s mayor on the easing of stay-at-home restrictions put in place to slow the spread of the coronavirus.
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.
Flinders Ports, South Australia, had a mixed bag of containerised cargo throughput results in 2018 compared to 2017, new data analysis shows. Overall containerised throughput – which includes imports, exports, empties and boxes in various configurations – was essentially flat.
A noticeable change in the pattern of trade is underway at Australia’s second biggest box port, Sydney’s Port Botany. Botany handled more boxes in the last calendar year than in 2017 – but those boxes arrived and departed on fewer, although larger, container ships.