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 by the National Retail Federation and Hackett Associates.
Container volume at U.S. ports is expected to grow next year, but at a slower rate of three to four percent, down from five percent in 2015, says ratings company Moody's.
Stakeholders at U.S. ports are spending $9bn a year to accommodate the next generation of super-sized container ships. But simply expanding physical infrastructure will not be enough to mitigate port congestion. With fewer vessels moving more containers per call, U.S. ports need to fundamentally change the way containers are moved in and out of terminals.
Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next year are picking up the cost of what has traditionally been a federal duty.
Import cargo volume at the nation's major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Mexico is competing with the U.S. for manufacturing work coming back to the western hemisphere from China and other parts of Asia. Will it pose the same challenge for U.S. ports?
Import cargo volume at the nation's major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
The Nicaragua Canal project has been dealt another setback amid reports that construction will not begin until the first quarter of 2016 due to environmental mitigation measures.
The latest news, analysis, services and systems regarding global seaports and airports and their impact on global supply chains. Today’s companies are transporting and delivering goods to more international customers than ever before through global ports and free and foreign trade zones. As infrastructure around these global gateways continues to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply chain operations through their strategic use of global seaports and airports.
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