Import cargo volume at the nation’s major retail container ports should see its traditional buildup toward the summer despite difficult comparisons with last year’s unusual patterns, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
News / Global Logistics
The International Maritime Organization (IMO) amended the Safety of Life at Sea (SOLAS) Convention in November, 2014 to require shippers to verify container weights. These amendments were brought about by accidents resulting from overweight containers – both on the road and at sea – as well as studies showing that an unacceptably large percentage of significantly overweight containers are tendered to carriers. SOLAS is globally binding; all Countries that are party to the convention have undertaken to implement amendments.
CargoSphere, the leading provider of frictionless rate networking and cloud-based global freight rate management, today announces that MIQ Logistics, a major global logistics provider has completed implementation of the CargoSphere technology platform. CargoSphere’s frictionless rate distribution and networking technology smooths out process and data inefficiencies. With CargoSphere, MIQ receives current confidential ocean rates over the Web-based, real-time Rate Mesh and accesses them in a single, systematized freight rate database. All MIQ U.S. branches, as well as their Hong Kong and UK offices are using CargoSphere.
Import cargo volume at the nation’s major retail container ports is expected to decline year-over-year for the next few months but the first half of the year should still amount to a 4.5 percent increase compared with the same period last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
The Port Authority of NY/NJ has reported that full operations at Port of NY and NJ are restored. Gates opened as scheduled this morning 2/1/16, however a service advisory from the Port Authority website, reflects notifications of potential truck and roadway congestion: “as a reminder, in order to keep traffic flowing on the roadways and for the safety of everyone, there is no overnight parking and no queing on public roadways before 5:30 a.m. Truckers should plan accordingly and stagger their arrivals in the morning to help limit potential congestion”.
With the holiday season over, import cargo volume at the nation’s major 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. “Retailers are still tallying the bottom line of the holiday season, but they’re also making plans for the spring and summer.”
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Import cargo volume at the nation’s major retail container ports is expected to be essentially unchanged from last year this month as stores bring in the last round of merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Annual growth for import cargo volume at United States-based retail container ports appears to be in the cards with holiday shopping season underway, according to the Global Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates.