Cargo

When a construction materials company realized that transporting a massive rock crusher for repairs would put them between a rock and a hard place, it knew who to call.

Technological solutions and platforms are being rapidly developed and are catapulting the freight forwarding industry into a new era. Today, the forwarding industry is undergoing a digital revolution, and analysts surmise that companies that fail to keep pace with these advancements risk falling behind—and fast.

In light of the current political and economic developments, the mood in the European transport and logistics branch remains somewhat subdued. However, the crises have taught the logistics industry the importance of resilient supply chains—and thus the need for diversification of logistics services.

Landstar Executive Vice President of Specialized Freight Services Al Reisman

From December to January, Descartes reported that U.S.-bound container import volumes rose 7.9%, to 2,273,125 TEU (Twenty-Foot Equivalent Units). And on an annual basis, it found that January volumes were up 9.9%, while posting a 9.6% increase compared to pre-pandemic 2019’s 2,036,393 TEU tally. What’s more, the report noted that the 7.9% sequential increase, from December to January, marked its biggest gain for that period over the last seven years.

Free Trade Zones offer opportunities to bring the global market to local markets, creating jobs and innovation around the world.

EpGroup is now xpd global. More than a rebrand, they redefined their purpose to better serve specialized and global manufacturing industries as their strategic partner in logistics.

October imports, at 2.64 million TEU (Twenty-Foot Equivalent Units), increased 5% annually, following a 1% annual gain in September. On a year-to-date basis through October, imports are down 11.5%, to 24.02 million TEU.  

In this podcast, Logistics Management and Peerless Media Supply Chain Group News Editor Jeff Berman interviews Jon Monroe, president and founder of Jon Monroe Consulting.

Unlock the Secrets of Successful Seaports with Our FREE Guide: 28 Factors for Your Supply Chain Planning. Download Now!

August imports, at 2.88 million TEU (Twenty-Foot Equivalent Units), were down 12% annually, and were ahead of July’s 2.53 million TEU and June’s 2.43 million TEU. This marked the 13th consecutive month of annual declines. On a year-to-date basis through August, imports are down 14.8% annually, at 18.82 million TEU.

This white paper illustrates how shippers can streamline their inbound international supply chains to increase velocity to market and reduce touch points and overall costs.

In early 2022, the Port of Long Beach (POLB) was dealing with a long queue of inbound vessels waiting to be unloaded and waiting offshore, with the tally, at one point, up to 109 vessels, observed POLB Executive Director Mario Cordero on a recent media conference call. By the end of 2022, though, that queue, he said, “was long gone," as the import surge had abated, coupled with United States supply chain activity returning to more normal levels of activity and, in some...

Recent developments in China related to the uptick in Omicron variant infections appear to be shaping up to have a significant downstream impact on United States-bound import patterns, at a time when the ongoing supply chain congestion issues appeared to be showing signs of improvement.

There was no shortage of feedback stemming from President Biden’s comments about the ocean shipping sector made during his State of the Union (SOTU) address earlier this week.