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U.S. Container Ports Anticipate Pinnacle Import Volume
Import volume at U.S. container ports is expected to hit a record high this August. The anticipation results from the absence of a West Coast longshoremen’s contract. Concerned retailers, therefore, are swiftly bringing holiday season merchandise into the country, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The negotiations…
US Imports Surge as Ports Contract Remains in Limbo
With West Coast longshoremen still negotiating a new contract, retailers are bringing holiday merchandise into the United States at record levels to protect against potential supply chain disruptions, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. Import volume at major U.S. container ports is expected to total 1.5 million containers this month.
US Retail Imports on the Rise
Import volume at major U.S. container ports is expected to increase 7.5 percent in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West Coast dockworkers expires, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We don’t…
Australia Begins Drawdown of Philippines Recovery Ops
HMAS Tobruk has completed its mission in the Philippines and is returning to Australia with a load of Army engineer machinery, vehicles and 35 Army personnel. A…
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…
Back to School
For Vigor Industrial, a privately-held shipbuilding and repair company headquartered in Portland, Oregon, the future looked bright and a bit ominous at the same time. Work was coming in, dock space was filling up, future orders were signed, and new properties purchased; in short, business was booming. But dark clouds crept in around the edges of this rosy picture. As recruiters set out to find new talent to meet the growing demand…
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…
Containershipping: When will the Comeback Commence?
Talk about ups and downs. In 2009, the container shipping industry lost US$16 billion. In 2010, it made a profit of $20 billion, and last year was back in the red ink business with an $8 billion loss. This year? Break even is about the best prediction available even with a surge in freight rates as general rates increases (GRIs) imposed by the carriers in the first few months have largely stuck. By May…
ONR: Back to School for Science Education
Enlisting the aid of experts from the Office of Naval Research (ONR), a Maryland-based nonprofit rolled out a series of educational science competitions for area middle and high school students Sept.
Containershipping Takes a Nosedive
Plunging rates for chartering container vessels that carry consumer goods means a slowdown and losses for shipping lines in what is traditionally their busiest time of the year…
Does the Container Sector Need to go back to School?
Drewry’s quarterly Container Forecaster focuses on early 2011 and how the scene is being set for what looks like another boisterous year for the sector. What, if any, lessons have been learnt? London, UK, 13th April 2011 -The basic education of school-children used to revolve around the Three R’s of reading, writing and arithmetic. It seems that the container syllabus is currently following a similar mantra. The 3 R’s of Containerisation = rates, reductions, recklessness.
Room with the View
June 11, 2004 was a very big day for the advancement of maritime training as the Pacific Maritime Institute (PMI) introduced its full mission simulator in a new 15,000 sq. ft.
On Tugboats
There have been plenty of books published on the subject of tugboats in the past few years, sharing a cookie-cutter similarity - they're large, handsome, colorful…
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