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 […]
ISM reports a slow growth month for manufacturing in July
Even with a slight decline from June, the July edition of the Institute for Supply Management’s (ISM) Manufacturing Report on Business still showed growth.
U.S.-bound shipments show typical growth pattern through first six months of 2015, reports Panjiva
United States-bound waterborne shipments had another strong month in June, according to data issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.
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.
Global Logistics Properties creates $7B fund for China logistics facilities
Global Logistic Properties, the largest provider of modern logistics warehouses in China, said it aims to invest up to $7 billion in the logistics sector over the next four years, as it plans to set up its second China-focused logistics infrastructure fund with seven investors.
June cargo traffic up 14 percent at Seattle-Tacoma ports
Cargo volume at the ports of Tacoma and Seattle jumped 14 percent in June year-over-year, according to a joint statement.
Double-digit export plunge pulls down LA total traffic
Containerized cargo volumes at the Port of Los Angeles declined 2 percent in June compared to June 2014, with a 10.7 percent drop in loaded export containers accounting for much of the decline. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Global Importers Move their Business from West to East Coast Ports
Zepol found that a hefty chunk of businesses have switched from using Pacific to Atlantic and Gulf ports this year.
Given Overcapacity, Many Ocean Shipping Lines Likely to Struggle to Break Even in 2015
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.
Port Tracker report presents positive perspective for expected volume gains in coming months
Spurred on by expected volume gains due to what is expected to be a hectic back-to-school season, United States-based retail container ports are expected to see decent volume gains in the coming months