Container volume was lower in June when measured against year-ago levels at ocean cargo facilities on the West and East Coasts, but some signs of improvement can be seen.
July 20, 2023containers News Updates
Ports Record Steep Drops in April Cargo
The slump in container volumes at ports on the East and West coasts continued in April as some of the largest facilities saw year-over-year double-digit drops.
May 23, 2023US-China Tensions Amplify Global Trade Shifts
Political tensions between the U.S. and China are contributing to lower container shipments between the world鈥檚 two largest economies, says Ocean Network Express CEO Jeremy Nixon.
April 24, 2023Ports on West and East Coasts Show Sharp Decline in March
A steep, across-the-board decline in imported cargo, exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic.
April 20, 2023Supply Chains Have Healed, Yet Their Mark on Inflation to Endure
Supply chains across the world are healing up almost as fast as they broke down. That doesn鈥檛 mean the pressure they鈥檙e exerting on inflation will disappear as quickly.
February 27, 2023Maersk Warns of Worsening Container Demand and Inflation
One of the world鈥檚 biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.
November 2, 2022FMC's Carl Bentzel Worries Port Congestion May Impact Peak Shipping Season
With the increasing number of cargo ships on the Atlantic and Pacific coasts waiting to be unloaded nearing 150, Federal Maritime Commission member Carl Bentzel believes the upcoming peak season for retailers could be extremely challenging.
August 31, 2022Pacific, Atlantic Ports Post Strong June Volumes
The Port of Los Angeles reported its highest container volume ever for the month of June in its 115-year history.
July 20, 2022Port of Los Angeles Defers Empty Container Fee
The Port of Los Angeles, the U.S.鈥檚 largest for container traffic, has deferred a plan to charge ocean carriers that fail to clear empty containers off the docks and is consulting with the logistics industry on alternatives on how to cut the backlogs.
January 13, 2022Ports of L.A., Long Beach to Fine Firms Over Container Backlog
In an effort to clear the growing backlog of containers, the ports of Los Angeles and Long Beach are charging shippers a container storage surcharge that port officials say will increase based on the number of days a unit sits in one of the facilities.
October 26, 2021Trending
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