The following announced levels from carriers are for General Rate Increases (GRI) as well as Bunker Fuel Level updates for the dates listed below.
News / Ocean Market
Import cargo volume at the nation’s major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“After supply chain worries earlier this year, inventories are plentiful this fall,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Shoppers should have no worries about finding what they’re looking for as they begin their holiday shopping.”
The following announced levels from carriers are for General Rate Increases (GRI) as well as Bunker Fuel Level updates for the dates listed below.
The following announced levels from carriers are for General Rate Increases as well as a Peak Season Surcharge beginning on the dates listed below.
It goes without saying that first quarter GDP output, at -0.2, was plagued by several things, including bad winter to begin the year…again, which dinted consumer spending to a certain extent, coupled with what the Department of Commerce said was a deceleration in personal consumption expenditures (see consumer spending reference above), sluggish demand, and a strong U.S. dollar, too.
The following announced levels from carriers are for General Rate Increases as well as a Peak Season Surcharge beginning on the dates listed below.
Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
US shippers that diverted Asian imports to east coast ports to avoid the heavily congested Pacific coast container terminals could do well to review their strategy following a return to normality on the west coast.
The following announced levels from carriers are for General Rate Increases as well as a Peak Season Surcharge, and third quarter Bunker Fuel Adjustments beginning on the dates listed below.
Labor peace has finally officially for West Coast ports. Following the Pacific Maritime Association (PMA) signing off on ratifying a new five-year contract with the International Longshore & Warehouse Union (ILWU) on May 20, the ILWU followed suite on May 22, saying that 82 percent of its longshore worker members voted to ratify the tentative contract agreement between the parties that was reached on February 22.