Transportation

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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
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 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
Added transatlantic flight activity brings capacity to market

Air carriers are beefing up transatlantic fight schedules to meet traveler demand as Covid restrictions have eased, yielding year-over-year rate…

May 31, 2022
Shanghai officially comes out of Covid lockdown

Beginning June 1, Shanghai authorities will begin lifting Covid lockdown measures that have massively disrupted civic and business activity since…

May 27, 2022
China’s reopening expected to drive up rates at least temporarily

After two months of lockdown in several Chinese cities, reopening is expected to push freight rates higher, though variable demand…