Marine Link
Monday, October 23, 2017

Retail Container

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

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

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 Imports Wind Down After End of Holiday Season

Jon Gold (Photo: NRF)

With the holiday season over, import cargo volume at major U.S. retail container ports is expected to slowly decline through the first quarter of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “This is the time of year when the retail supply chain catches its breath before the next big rush begins,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said

September US Retail Imports Strong

File photo: Port of Los Angeles

Import cargo volume at the US’ major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “Hanjin should not significantly affect volume for the month since alternative arrangements to unload those containers or shift cargo elsewhere should be dealt with by the time the

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

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.  

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

US Retail Imports Turn Toward Holiday Season

Port of Savannah (Photo: Georgia Ports Authority)

August should be the busiest month of the year for import cargo volume at the nation’s major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That’s according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates, which said cargo volume for 2016 should end the year with a 1.6 percent increase over last year.  

Hong Kong Looks to Ride Out Boxship Turmoil

File Image: A view of busy Hong Kong Harbor (CREDIT: Joseph Keefe)

Hong Kong's port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector.   The global container industry, which transports everything from bananas to iPhones, is showing signs of better returns after a near-decade long slump.   Nevertheless, worries over global retail demand and too many ships have continued to put the brakes on a bigger recovery.  

MOL Group Seeks Startups Offering Innovative Solutions

North Sea block. Photo: MOL Group

 MOL Group has announced a call for applications for startups with innovative solutions in the fields of mobility, loyalty marketing and big data, retail, as well as parcel delivery and distribution.    The 3-month program, taking place in Budapest, in cooperation with the Hungarian incubation agency Design Terminal, is directed at startups whose solutions meet one of the objectives of MOL Group’s 2030 strategy: to become the first choice of customers on the move.

A Business Park Made of Shipping Containers

Image: Box Office Warehouse Suites

Container King of Dallas has recently signed a deal with local developer Ron Sturgeon to build 38 innovative, eco-friendly, state-of-the-art commercial spaces made from shipping containers. Box Office Warehouse Suites is due to open in the Alliance commercial real estate area in Texas.    Sturgeon explained the process: "We sandblast them, paint them nice and pretty, bring in a professional design firm, tastefully add paneling, floors, ceilings, windows, and carpeting

Global Logistics to Reach US$12 trillion by 2025

Photo: CMA CGM

 Global logistics is expected to reach US$12 trillion in value by 2025, recording a 6% CAGR over the period, says a research report.  According to Wiseguyreports, 2015 was a difficult year for global logistics companies. However, accelerating Asia Pacific economies and recovering manufacturing in Western Europe are expected to have a positive effect on global logistics, which started to recover in 2016 and is expected to continue solid growth in the next 10 years.  

CMA CGM, ENGIE Ink LNG Deal

ENGIE manages a large LNG supply portfolio and has a significant presence in regasification terminals in Europe and worldwide Image CMA CGM Group

CMA CGM and ENGIE signed a Memorandum of Understanding to promote LNG as the marine fuel for tomorrow’s container vessels. Farid Salem, Executive Officer of the CMA CGM Group, and Isabelle Kocher, CEO of ENGIE, signed the agreement today at the Marseille headquarters of CMA CGM. The agreement focuses on:  * A joint CMA CGM and ENGIE technical and economic study on LNG as a fuel for tomorrow’s container ships;

US Imports Up as Holiday Shopping Continues

© cvalle / Adobe Stock

Imports at the United States’ major retail container ports are expected to be up 3.2 percent this month over the same time last year as stores bring in the last of the merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “There’s still shopping to be done, and retailers are making sure the gifts that need to be under a tree are waiting on the shelves

US Holiday Imports Exceed Expectations

© Irina Logra / Adobe Stock

 Imports at the United States’ major retail container ports saw an unexpected increase during the industry’s busy holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates.   “We won’t see final sales numbers for a few more days, but import volume suggests that retailers had a strong holiday season,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said

Virginia Port Hits Record Volume at 65 mi TEUs

JOHN F. REINHART, CEO and Executive Director Photo Virginia Port

The Port of Virginia set a new annual record for container cargo volume having handled more than 2.65 million twenty-foot equivalent units, or TEUs, a 4.2 percent increase over last year’s total. In 2016, import and export volumes were up 6 percent and 2.6 percent, respectively, over the prior year. The port saw increases in TEUs, rail volume and total volume at Virginia Inland Port, the port’s growing intermodal ramp located in Front Royal

Los Angeles Port sets Highest Western Hemisphere record

PORT OF LOS ANGELES 2016 CARGO VOLUMES BEST EVER FOR A WESTERN HEMISPHERE PORT Photo Port of Los Angeles

Cargo volumes at the Port of Los Angeles reached 8,856,782 Twenty-Foot Equivalent Units in 2016, marking the busiest year ever for a Western Hemisphere Port.  The previous record was set in 2006, when the Port of Los Angeles handled 8,469,853 TEUs.   “The Port of L.A. is America’s Port  — and we’re breaking records because we understand the importance of innovating and collaborating to move our economy forward,” said Mayor Eric Garcetti

HDASCO Returns to Le Havre

Logo

Starting February 2017, HDASCO Line provides a new commercial offer between HAROPA – Port of Le Havre and many Iranian and Iraqi ports. HDASCO Line (Hafez Darya Arya Shipping Company), also named HDS lines, is the Iranian national shipping company specialized in container transport and a subsidiary of IRISL Group (Islamic Republic of Iran Shipping Lines). This new service offers very competitive transit times: 19 days between Le Havre and Bandar Abbas for example

US Imports Growing in First Half of 2017

File photo: Port of Los Angeles

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “This is very much in line with what we are forecasting for retail sales and consumer spending this year

Los Angeles Port logs Highest January Throughput

File Image (DP world)

The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016.   It was the busiest January in the port’s 110-year history, outpacing last January, which was the previous record for the first month of the year. It was also the second-best month overall for the Port, eclipsed only by last November’s 877,564 TEUs.  

APM Terminals Boosts Walmart Hub at Port of Mobile

Photo: APM Terminals

 APM Terminals Mobile welcomes Arkansas-based global retail giant Walmart’s plans for a new International Distribution Center to be opened 15 miles from the port.    The sixth of Walmart’s US international distribution centers, the Irvington, Alabama facility will handle Walmart’s import cargoes destined for Walmart’s Regional Distribution Centers in the American South.   

Xantrex Rolls Out New Sine Wave Inverters

Onboard AC power technology company Xantrex informs it has expanded its Freedom series with the launch of four new models.   The new series called Freedom X marks the ongoing evolution of the Freedom inverter first launched in 1992.    “The Freedom name is synonymous with quality and reliability in the marine industry. The Freedom Marine, Freedom HF/HFS and Freedom SW inverter/chargers set benchmarks in the industry and have been installed in thousands of boats

Cochin Shipyard Shares Jump After $225 mln IPO

Shares in India's Cochin Shipyard Ltd rose more than 20 percent on their trading debut on Friday after the state-run company's 14.42 billion rupees ($224.7 million) initial public offering.   The stock was trading at 528.15 rupees by 0432 GMT, 22.25 percent higher than its IPO issue price of 432 rupees. Retail investors were issued shares at a discounted price of 411 rupees.   The shipbuilder, which also repairs ships

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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