The situation remains far from normal at some U.S. ports. There were still 18 container ships at anchor waiting for a berth in Savannah, Georgia, on Monday. But for the country overall, plummeting inbound cargo volumes are bringing imports close to where they were before the pandemic-induced spending splurge.
As supply chains grow more complex and prone to disruptions, more and more companies are turning to third-party logistics providers (3PLs) for help. 3PLs can provide a whole host of distribution and fulfillment services for their clients, from warehousing and inventory management to shipping and receiving, transportation management and freight brokerage, and returns management.
The East Coast continues to dominate in the movement of trade, with the Port of New York and New Jersey taking the top spot as the nation’s busiest seaport for a second-consecutive month. It moved 35% more cargo in September 2022 than it did in the pre-pandemic September of 2019. The previous monthly data was the …
New York extends its lead over California as home to nation’s new No. 1 port Read More »
Historic import and export container processing in the month of August pushed the Port of New York and New Jersey to the No. 1 spot outpacing both the ports of Los Angeles and Long Beach.
Ports around the world have been complaining for nearly a year about the build-up of empty containers blaming the containers piling up in their yards as contributing to the backlogs and disruption in the supply chains. Recently, ports and regulators have been looking at new steps to move the backlog of empties, but according to …
Empty Containers Will Overwhelm Ports in 2023 Warns Sea-Intelligence Read More »
US imports from Asia in July rose from both June and the year-ago period, the clearest indication yet that the import cliff expected from some market observers has not materialized. July, in fact, was the third-busiest month this year in the eastbound trans-Pacific and was up 13.1 percent from pre-pandemic July 2019.
Trucking spot rates are way up, but so are operating expenses. What does this mean for carriers? “Demand is just falling back to pre-pandemic levels.” I’ve heard this rebuttal to my earlier articles about a 2022 trucking “bloodbath” (here and here) for the past week. If “demand falls back to pre-pandemic levels” turns out to be true, the …
The trucking industry will be in trouble if demand drops to pre-COVID levels Read More »
The U.S. Import Surge Is Skipping the Train. Shippers are increasingly choosing trucks over railroads because of supply-chain bottlenecks and a need for speed, pushing more freight onto the country’s highways.
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