Total POLA volume––at 912,154 TEU (Twenty-Foot Equivalent Units)––was up 9.43% annually and hit a new single month volume record for the fourth consecutive month, and total July POLB volume––at 621,780 TEU––saw a 9.7% annual decline. Source: logistics Mgmt
Even with a fresh round of tariffs set to kick in on September 1, imports at United States-bound retail container ports are pegged to come in at near-record levels through the remainder of 2019, according to the most recent edition of the Port Tracker report published this week by the National Retail Federation (NRF) and Hackett Associates. Source: logistics Mgmt
Following a three-month stretch of gains from March through April, United States-bound waterborne shipments fell in June, according to data recently issued by global trade intelligence firm Panjiva. The gains from March through April followed a decline in February, which was the first one in 24 months. Source: logistics Mgmt
High levels of imports are expected to remain intact at United States-based retail container ports, albeit at a lower level than a year ago at this time, as retail shippers rushed to bring goods into the U.S., in advance of scheduled tariff increases, according to the most recent edition of the Port Tracker report published today by the National Retail Federation (NRF) and Hackett Associates. Source: logistics Mgmt
Total POLA January volumes, at 852,440 TEU (Twenty-Foot Equivalent Units) marked a 5.4% annual gain and represent the busiest January output for the port in its 112 years of operation. POLB January volume, at 657,286 TEU, was off 0.1% annually compared to January 2018, which is the port’s highest all-time level for January. Source: logistics Mgmt
Marseille, France-based global container shipping company CMA CGM remains intent on acquiring CEVA Logistics, a global third-party logistics (3PL) services provider based in Hoofddorp, the Netherlands for $1.65 billion, according to various reports and filings. Source: logistics Mgmt
A new report issued this week by the American Association of Port Authorities (AAPA) makes the case for the crucial need for roughly $4 billion in port and supply chain security needs over the next decade. Source: logistics Mgmt
The Ocean Alliance, a collective ocean carrier concern comprised of COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Limited (OOCL) introduced a new offering this week, entitled the Ocean Alliance Day 3 Product. Source: logistics Mgmt
The push to beat pending tariffs on goods imported from China, which has been a major theme in global shipping for the last several months, showed signs of slowing in the most recent edition of the Port Tracker report. Source: logistics Mgmt
When Damco’s Supply Chain Services and Maersk Line’s Ocean Product are finally integrated On January 1st, 2019, A.P. Moller - Maersk hopes that shippers will have “fewer touchpoints” and more comprehensive offerings. Source: logistics Mgmt
Alireza Tangsiri, head of the Iranian Revolutionary Guards...