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Hackett Associates Company Profile

Hackett Associates was established in August 2007 to provide expert consulting research and advisory services to the international maritime industry, government agencies and international institutions. Founder Ben Hackett brings over thirty-five years of experience in liner shipping, ports, international economics, trade and transportation planning as well as in-depth knowledge of the industry to Hackett Associates, LLC.

Hackett Associates

United States
202.558.5292
[email protected]



Hackett Associates News & Resources

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U.S.-bound import growth track remains promising, notes Port Tracker report
Amid various supply chain issues, United States retail container ports are expected to see imports top the 2-million mark in May for the first time since October, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Three major heavy truck manufacturers form PACT to jolt electrification push
There’s safety in numbers and in cooperation. That’s what three major worldwide heavy truck manufacturers seem to be saying in getting ready for vehicle electrification. Original equipment manufacturers (OEMs) Volvo Trucks North America, Navistar and Daimler Truck North America are trying to reduce transportation's carbon footprint by taking a collective approach.

Retailers Forecast Import Growth Despite Red Sea Delays
Retailers have generally navigated around the Red Sea cargo disruptions, but trade groups said costs will begin to rise even as they project a growth in imports.

Port Tracker report points to import volume growth over the first half of 2024
For calendar year 2023, total U.S.-bound retail container imports, at 22.3 million TEU, were down 12.8% compared to 2022.  The report observed that this was in line with expectations, adding that the shift to growth in its forecast is intact.

Shippers look at alternatives amid Red Sea Crisis
Major U.S. container ports are entering a period of historically low cargo volumes as the holiday season winds down. However, attacks on cargo ships in the Red Sea and continued delays at the Panama Canal may shake up this year’s usual winter lull.

Port Tracker points to U.S.-bound import gains in the coming months
United States-bound retail container import volumes appear to be trending in the right direction, with monthly volumes pegged to be around 2 million TEU (Twenty-Foot Equivalent Units) in September, for the second consecutive month.

While volumes are down, August growth is in the cards, reports Port Tracker
For June, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.83 million TEU (Twenty-Foot Equivalent Units), marking a 5.2% gain decrease compared to May and an 18.7% annual decline. For the first half of 2023, total imports came in at 10.5 million TEU, down 22% compared to the same period a year ago.

Port Tracker report notes August imports will hit a peak amid various labor issues
For May, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.93 million TEU (Twenty-Foot Equivalent Units), marking an 8.5% gain over April and a 19.3% annual decline.

New Port Tracker report signals more U.S.-bound import declines over the rest of 2023
For April, the most recent month for which data is available, Port Tracker observed that import volumes, for the ports covered in the report, came in at 1.78 million TEU (Twenty-Foot Equivalent Units), which marked a 9.6% gain over March’s 1.62 million TEU— the lowest volume in a month going back to May 2020’s 1.53 million TEU, when several Asian-based factories and U.S.-based stores were closed because of the pandemic—and a 21.3% annual decline.

U.S.-bound import declines remain intact, reports Port Tracker
For March, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.62 million TEU (Twenty-Foot Equivalent Units), marking a 5% gain over February—which saw its lowest volume in a month going back to May 2020’s 1.53 million TEU, when several Asian-based factories and U.S.-based stores were closed because of the pandemic—while posting a 30.6% annual decline. This tally trailed a previous March estimate, of 1.68...

Slow import growth and tough annual comparisons are key themes of Port Tracker report
United States-bound import volumes are pegged to see gains through the summer months, albeit at below levels seen during the pandemic, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Port Tracker report points to an eventual slow pickup in import volumes
For January, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.81 million TEU (Twenty-Foot Equivalent Units), for a 4.4% increase compared to December and a 16.5% annual decrease.

Lower import volumes are expected through the first half of 2023, notes Port Tracker
A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Port Tracker report points to declining volumes in the coming months
For October, the most recent month for which data is available, import volume—at 2 million TEU (Twenty-Foot Equivalent Units)—was off 1.3% compared to September and was off 9.3% annually.

Port Tracker report reinforces expectations for declining import volumes over remainder of 2022
For July, the most recent month for which data is available, import volume—at 2.18 million TEU (Twenty-Foot Equivalent Units)—was 3.1% below June and off 0.4% annually, marking the third annual decline in the last two years (through July) and for the first time since December 2021.



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