Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.
Here’s the latest on Ian’s supply chain impact from FreightWaves’ team of reporters and market experts.
East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
U.S. containerized imports are still near record highs, but not in Los Angeles, where they’ve fallen sharply.
The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.
Spot container rates for U.S.-bound cargoes are falling fast, yet import numbers at U.S. ports remain near their peak.
The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”
California’s container-ship traffic jam is almost gone, replaced by stubbornly high backlogs off the East and Gulf coasts.
Spot rates on most global shipping routes continue to fall. The trans-Atlantic market is the exception: It’s holding firm near its high.
U.S. imports accelerated in July, with inbound cargo from China reaching a year-to-date high, according to Descartes.
Georgia Ports Authority kicks off the start of its new fiscal year with volumes at over a half million TEUs.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.
Consumer demand, vessel diversions and efforts to avoid congested West Coast ports drove the Georgia Ports Authority to break its record for annual volumes.
America’s goods imports hit a capacity ceiling during the COVID-era boom. Volumes are still bouncing around near the top.
There were 125 container ships waiting offshore on Friday, including 36 off Savannah, 24 off Southern California and 20 each off Houston and New York.
A number of East Coast ports saw volumes increase in May, and Savannah was one of them.
May was one of the busiest months in history for the container ports of Long Beach and Charleston.
The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.
It was another record month for GPA, with container volumes up by over 6% year-over-year.
