Exports

Global transportation and logistics bellwether UPS said today that it is making a significant expansion to its Saturday pick-up offering for export shipments. This expansion comes in the form of adding 122 countries to the current 57 destinations that receive Saturday pick-up service. UPS said this includes 20 new European markets, 28 Americas-based markets, two Asia-Pacific markets, and 72 Middle East- and Africa-based markets. And the company added that shippers that schedule a Saturday pick-up for their UPS Worldwide Express portfolio packages from the U...

For more than a little while, much has been made of what has been viewed as strong economic growth. To what degree, though, varies based on the person or the source. According to President Trump, as per his State of the Union speech in February, the economy is experiencing “an economic miracle,” whereas others note that while things have been relatively solid and stable, there are also some causes for concern.

POLB handled 752,188 (TEU) Twenty-Foot Equivalent Units in June, which stands as the busiest volume month in its history and marks a 14.2% annual improvement. The previous best month was July 2017, which June 2018 surpassed by 4.4%. POLA handled 723,141 TEU in June, which was down 1.1% annually. But even with the decline, POLA officials said that this marks the second fiscal year period in which the port has topped the 9.1 million TEU mark, with 24 months of “record-breaking cargo movement.”

POLA said it processed 725,059 Twenty-Foot Equivalent Units (TEU) in February, which represents a 16% annual gain and the highest-volume February in the port’s 111 years of operation. POLB February volumes rose 32.8% to 661,790 TEU for an all-time high for the month, which comes on the heels of an all-time high in January of 657,830 TEU. POLB officials said that this marks the first time ever that POLB terminals handled more than 600,000 TEU in February.

Logistics managers in the manufacturing sector should welcome a bout of "fairly solid" growth after two lackluster and lethargic years (2015–16), observe economists for IHS Markit.

Total POLA January volume was up 17.4 percent annually at 826,640 Twenty-Foot Equivalent Units (TEU), marking the highest-volume January in its 110-year history, and POLB January volumes rose 8.7 percent annually to 582,689 TEU.

Consistent with trends set last year, exports are on the rise again in 2017 at the Port of Oakland.

California’s trade picture has been brightening of late and should maintain its current course at least through the first part of 2017, says Robert Kleinhenz, economist and executive director at Beacon Economics.

Port of Oakland spokesmen contend that "a containerized export rally" is underway.

Join us for this in-depth, and easy to follow discussion on the tariff classification system, including steps you can take to ensure shipments arrive at the border with proper codes assigned.

An export rebound continues to build steam at the Port of Oakland, as it also continues to ease drayage congestion with innovative logistics management strategies.

An amendment to the International Maritime Organization’s Safety of Life at Sea convention will go into effect requiring all shippers (importers and exporters) to certify and submit the Verified Gross Mass – the combined weight of the cargo and the container – to the steamship line and terminal operator in advance of loading the container aboard a vessel.

Port of Oakland Executive Director Chris Lytle will share his vision for 2016 and beyond at the annual “State of the Port of Oakland” luncheon sponsored by the Pacific Merchant Shipping Association and Women in Logistics this Thursday.

The December 2015 Semiannual Economic Forecast issued yesterday by the Institute for Supply Management took on two items that have been prevalent in addressing current trends in the form of: sharply lower oil prices the strength of the U.S. dollar. Each question was presented to the ISM’s manufacturing and non-manufacturing member respondents.

While there’s always been a lot of talk about ocean shipper/carrier collaboration, most of the examples have been largely symbolic. A recent exception to that rule, though, surfaced this week with the announcement that AgTC and TSA would work together to address fresh amendments to the International Convention for the Safety of Life at Sea.