Archive for the ‘CONSUMER GOODS’ Category

China slowdown poses risk for ocean carriers

LONDON – The slowdown in China’s economy poses risks for container shipping but they are “far smaller” than the impact on the dry bulk market, according to Drewry Maritime Research. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)

East Coast builds on West Coast’s problems

Some of the most pivotal developments in the U.S. container transportation, such ass the first double-stack train in 1984 and the launch of the first post-Panamax vessel four years later (both APL innovations), helped fuel the rise of West Coast ports as the primary U.S. container gateways. (This article requires registration at the Journal of […]

U.S. Jobless Claims Fall To Lowest Level Since 1973

An important measure of layoffs hit its lowest mark since the Nixon administration, a sign of increasing momentum in the labor market and a possible hint at the extent of job growth for the full month of July

L.A/Long Beach port truckers strike Pacific 9 Transportation

Short haul truck drivers that haul cargo to and from the Los Angeles and Long Beach ports walked away from their jobs Tuesday, according to the Los Angeles Times. The drivers are fighting to gain employee status at Pacific 9 Transportation, according to a union representative.

US truck tonnage falls on high inventory levels

Truck tonnage dropped in June, and didn’t climb as much as previously thought in May, as high inventory levels dampened truck demand, according to the American Trucking Association. (This article requires registration at the Journal of Commerce.  To access, please click on the above link.)