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Jun 28, 2022
Updated May import volume figures show growth across all regions

Import volumes and growth rates were robust in May nationwide. Here is an updated view on TEU data and local…

Jun 27, 2022
Asia to US ocean spot rates show signs of softening

Trans-Pacific ocean freight spot rates have pulled back in absolute terms and relative to long-term contract rates as bottom-line pressure…

Jun 23, 2022
Inventory overhangs, depressed demand, and declining freight rates – a panoramic view

The build up of inventories due to the bullwhip effect in retail order patterns coupled with declining consumer demand are…

Jun 17, 2022
CBP issues UFLPA guidance ahead of June 21st enforcement

CBP issued its operational guidance for the Uyghur Forced Labor Prevention Act (“UFLPA”) as enforcement commences on June 21st.  Indications…

Jun 17, 2022
German labor dispute further-stress N. Europe ports

The German United Service Union (ver.di) called on employees to go on a warning strike as the negotiations with the…

Jun 17, 2022
Import volumes remained strong in May

Import volumes remained strong in May.  The forward-looking outlook is mixed with Shanghai reopening, approaching peak season, existing inventories, and…

Jun 17, 2022
West Coast labor negotiations continue

The ILWU and PMA met with President Biden and provided a public update on contract negotiations reinforcing their commitment to…

Jun 17, 2022
OSRA signed into law

President Biden signed into law the Ocean Shipping Reform Act of 2022, expanding the FMC’s authority to regulate the ocean…

Jun 8, 2022
CBP hosting webinars on UFLPA

CBP issued letters to importers that were identified as previously importing goods from the Xianjing region to compel compliance with…

Jun 7, 2022
US import volumes slow considerably

Recent data shows a significant downturn in US import volumes in aggregate and ex China.  Rising inventories and inflation point…

Jun 7, 2022
Shanghai logistics activity increases after reopening

Trucking and cargo activities in Shanghai have increased substantially in the wake of the June 1 reopening from Covid lockdowns.…