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Retailers Stocking Up Ahead of Holiday Season

Import volume at the nation’s major retail container ports is expected to grow 5.1% in September over the same month last year as retailers head into the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. “Retailers are making up for the slow imports seen earlier in the year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “It’s too early to predict holiday sales, but merchants are clearly stocking up.” Cargo import numbers do not correlate directly with retail sales or employment because they count only the number of cargo containers brought into the country, not the value of the merchandise inside them. But the amount of merchandise imported nonetheless provides a rough barometer of retailers’ expectations. U.S. ports followed by Global Port Tracker handled 1.43 million 20-Foot Equivalent Units in July, the latest month for which after-the-fact numbers are available. That was a 5.4% increase over June and up 1.1% from July 2012, and follows year-over-year declines in three of the four previous months. One TEU is one 20-foot cargo container or its equivalent. August was estimated at 1.48 million TEU, up 4.1% from last year. September is forecast at 1.48 million TEU, up 5.1%; October at 1.46 million TEU, up 9%; November at 1.31 million TEU, up 2.2%; and December at 1.3 million TEU, up 0.7%


Strong Growth in Merchandise Imports to Resume in Fall

Import volume at the nation’s major retail container ports is expected to increase a modest 1.1% in July over the same month last year but a slow summer should be followed by significant increases as retailers head into the holiday season this fall, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the economy recovering slowly


NRF: Imports Rising as Strike Looms

file photo taken by K. Sweeney

Retail Imports to Increase 2.3 Percent in January as Port Strike Threat Continues.   Import cargo volume at the nation’s major retail container ports is expected to increase 2.3 percent in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.  


Retail Imports to Increase 2.3 Percent in March

 Import cargo volume at the nation’s major retail container ports is expected to increase 2.3 percent in March over the same month last year despite federal spending cuts that could slow down cargo processing, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers are aware of the impact of the cuts on Customs operations at the ports and are working to plan accordingly so the impact on


Retailers Remain Cautious on Merchandise Imports

Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the economic recovery moving slowly, retailers are being cautious this summer and could hold off on stocking up for the


U.S. Retail Imports Expected to Rise

Import volume at the nation’s major retail container ports is expected to grow 1.8% in December over the same month last year, and the year should end with an increase of 2.3% over 2012, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Imports have seen good growth over last year and retailers are well-stocked as the holiday season continues


Retail Container Traffic to be Up Six Percent

 Import cargo volume at the nation’s major retail container ports is expected to be up 11 percent in February over the same month last year and the first half of 2011 should be up six percent over the same period in 2010, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “Strong growth in 2010 has retailers cautiously optimistic that the economic recovery is finally taking hold


Retail Imports to Rise in March

Containership_Marad.jpg

Import volume at the nation’s major retail container ports is expected to increase 12.4 percent in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers are bouncing back from the annual post-holiday slowdown and getting ready for the surge in activity that comes each year as the weather warms up


Imports Rising as West Coast Issues Continue

NRF Vice President for Supply Chain and Customs Policy Jonathan Gold

Year-over-year import cargo volume at the nation’s major retail container ports is expected to continue to rise during most of the first half of 2015 despite significant congestion still impacting West Coast ports, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Now that a federal mediator is on the scene, we hope the mediator will be able to help the parties quickly reach a new contract so we can


Imports Rising as Threat of West Coast Ports Shutdown Looms

Photo: MARAD

Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With cargo volume growing as the economy continues to recover


Transocean Shares Poised for Big Move

Photo: Transocean

Transocean Ltd shares are expected to move about 8 percent in either direction following its earnings results on Wednesday, options data showed, but positioning among traders suggests some worry.   This would be the biggest post-earnings move for the shares in at least eight quarters.


CSCL Globe Calls the Port of Zeebrugge

CSCL Globe calls the Port of Zeebrugge (Photo courtesy of the Port of Zeebrugge)

On her maiden voyage in the AEX1 service, China Shipping Container Lines’ containership CSCL Globe, currently the world’s largest container vessel, moored at Belgium's Port of Zeebrugge after embarking on its first voyage in China last December.


Asia-Europe Container Freight Rates Fell 6.5 pct

image: file photo

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


Uber-Style Cargo Moving App Catching on at Congested LA Ports

Photo courtesy of the Port of Los Angeles

Los Angeles area ports are using a Uber-style app called Cargomatic to help clear congestion from recent slowdowns, the Wall Street Journal reported yesterday.    After labor strife created what may be delays of up to two months, container terminals on the Pacific coast have no choice


U.S. Labor Secretary Joins West Coast Port Talks

U.S. Labor Secretary Tom Perez on Tuesday urged shipping company executives and union leaders for 20,000 dockworkers to settle a contract dispute that has led to months of clogged cargo traffic and other disruptions at 29 West Coast ports.


Colombian Ports Mull Expansion

Image: The Port Authority of Cartagena

 The container and gross tonnage handling across all Colombian ports will undergo expansion in 2015, cementing a return to growth following a 2013 downturn, says BMI’s Colombia Shipping Report.   "The domestic container demand will be more muted than we expected


Retailers to Obama: Bring ILWU, PMA to Washington

Photo: PMA

The National Retail Federation issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on the ongoing West Coast port contract negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA):


U.S. West Coast Ports Reach Tentative Deal

Photo Port of Los Angeles Courtesy Port of LA

  A group of shipping companies and a powerful dockworkers union clinched a tentative labor deal on Friday after nine months of negotiations, settling a dispute that disrupted the flow of cargo through 29 U.S. West Coast ports and snarled trans-Pacific maritime trade with Asia.


NOL Sells APL Logistics to Kintetsu

Courtesy APL Logistics

  Neptune Orient Lines (NOL) has sold APL Logistics (APLL) to Kintetsu World Express (KWE) for $1.2 billion in a stunning deal that gives the Singapore-listed group a net gain of more than $900 million. The KWE Group considers the establishment of a management base that can compete on a


West Coast Port Slowdown Could Cause Two Month Delays

Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute.


West Coast not to Hamper Hapag-Lloyd's Financials

Photo courtesy: Hapag-Lloyd AG

 The disruptions at West Coast ports in the U.S. caused by a labor dispute won’t do much harm to the financial results of the Germany’s biggest container shipping line Hapag-Lloyd AG, reports Bloomberg.   Hapag-Lloyd isn’t seeing massive declines in a way that it is


Weego Introduces Jump Starter Battery+

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Weego launched the compact and portable Jump Starter Battery+ for the marine market.  Weego is pocket sized and capable of starting boats, cars, trucks, motorcycles, ATVs and more, as well as charging phones, tablets, speakers and other USB devices


Shipping Containers Have Never Been Cooler

Shipping containers being used the old fashioned way in Port Elizabeth, NJ (Photo by NOAA)

Shipping containers are ready for their close up. Long the invisible building blocks of the global economy, shipping containers are having their moment. Entrepreneurs and developers are utilizing them on land, in full view of the public that depended on them for delivering, well


Hyster Delivers First Tier 4 Final Container Handlers to Port of Los Angeles

  Photo courtesy of Hyster Company

Hyster Company has delivered its first container handlers with Tier 4 Final engines to a terminal at the port of Los Angeles. The three Hyster H1050HD-CH trucks are ideally suited for ports and terminals, providing outstanding lifting capacity and superior performance.


Crowley Deploying New Container Equipment

         Photo courtesy of Crowley Maritime Corporation

Crowley Maritime Corporation’s liner services group is deploying an influx of new container equipment, including hundreds of chassis, ISO tanks and high-cube containers, for use in the company’s services between the U.S., Puerto Rico, the Caribbean and Central America






 
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