News

MIQ Logistics Air Freight Plane

Getting West Coast ports back to full capacity will require patience and time

Logistics Management

With the Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union (ILWU) recently agreeing to a tentative agreement on a new five-year contract last weekend covering about 20,000 port employees at 29 West Coast ports following roughly nine months of stops and starts and acrimonious negotiations, the focus for all port and supply chain stakeholders is firmly on the future.

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December 2014 North American Freight Numbers

Bureau of Transportation Statistics

U.S.-NAFTA freight totaled $95.8 billion in December 2014 as four out of five transportation modes – truck, rail, air, and pipeline – carried more U.S.-NAFTA freight than in December 2013, according to data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) (Table 1). Year-over-year, the value of U.S.-NAFTA freight flows by all modes increased by 5.4 percent, with December marking the 11th consecutive month of year-over-year increases.

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February 2015 Logistics Link

Welcome to the February 2015 Logistics Link, the MIQ Logistics monthly newsletter.

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Shipping Carrier and Containers

Aerial Photography of the Labor Dispute at the Port of LA & Long Beach

Supply Chain 247

For the past few weeks, a labor dispute has been unfolding at the Port of Los Angeles and the Port of Long Beach.

After flying over the area while coming in to land at LAX, I saw all of these giant container ships anchored offshore and instantly knew that I had to photograph it.

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ATA Tonnage Truck MIQ

ATA Truck Tonnage Index Jumped 1.2% in January

American Trucking Associations

American Trucking Associations’advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1.2% in January, following a revised gain of 0.1% during the previous month. In January, the index equaled 135.7 (2000=100), an all-time high.

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West Coast port disruptions to hit Macy’s First Quarter Sales, Margins

Reuters

Macy’s Inc (M.N) said sales and margins in the current quarter would be hurt by disruptions at U.S. West Coast ports, and the retailer forecast full-year profit and revenue that fell short of analysts’ expectations.

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Transpacific Eastbound General Rate Increase (GRI), Peak Season Surcharge (PSS), and Bunker Fuel Adjustments

The following announced levels from carriers are for implemented GRI’s and/or PSS effective for March 9th 

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U.S. Economic Summary – February 2015

“The U.S. Leading Economic Index increased again in January, but its pace of growth has moderated in recent months,” said Ataman Ozyildirim, Economist at The Conference Board. “While the LEI suggests a positive short-term outlook in 2015, the lack of strong momentum in residential construction, along with a weak outlook for new orders in manufacturing, poses a downside risk for the U.S. economy.”

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Container Yard

West Coast port delays could swamp companies for two months

Reuters

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.

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Shipping Logistics Picture

West Coast Ports Come Back to Life

Bloomberg

Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting offshore may take eight weeks to clear.

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