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Showing research about Mode - Containerized

20190425-us-ports-perf-comp

Ports’ Storm Over in March, U.S. Trade Deficit Hike Possible

The U.S. government’s trade data reporting schedule finally returns to normal on May 3 with advance figures for March. Analysis of eight major seaports indicates a return to growth in U.S. international trade with a 5.2% increase year over year compared to an 8.1% contraction in February. Expo... Read more →

20190424-wilmington-countries

Wilmington Will Grow, If ZIM Can Find New Customers

The Port of Wilmington, NC has received its largest vessel on record, operated by ZIM Shipping, – following a series of investments in handling capacity. That should allow continued growth after Wilmington delivered the fastest growth among the top 30 ports in the U.S. in 2018. One challenge f... Read more →

20190423-empties-charleston

Empty Heart of U.S. Container Growth Soon to Skip a Beat

Container handling through the 10 largest U.S. seaports has been flattered in the past six months by the clearance of empty containers resulting from an earlier surge in traffic from China. The 10 largest seaports handling 10.95 million TEUs of empty containers in 2018. The normal seasonal dec... Read more →

20190423-seatac-total

Empties and New Routes Drive SeaTac’s Continued Growth

Container handling through Seattle and Tacoma climbed 14.6% higher year over year in March. That was flattered by a 47.7% surge of empty containers as previous congestion issues were cleared. There was also an 11.9% rise in inbound shipments. The port is becoming increasingly reliant on shipme... Read more →

20190419-suez-change

Canal Competition Continues as Panama Relaxes Restrictions

The Panama Canal Authority has authorized a further widening of the beam of vessels that can cross the Canal as it seeks to improve its competitive position versus the Suez Canal. The latter has seen a strong start to 2019 with a 9.6% year over year rise in the number of vessels using the Cana... Read more →

20190418-panalpina-revenues

Panalpina Growth Parked Ahead of DSV Scale Push

Panalpina reported 5.0% year over year revenue growth in 1Q 2019, marking the slowest expansion by the freight forwarder since 1Q 2017. That’s largely been down to a 3.0% drop in ocean freight volumes due to a weak macroeconomic situation, according to CEO Stefan Karlen. The firm may have trie... Read more →

20190417-kn-countries

K+N’s Pledge Could Lead to a Commitment with Hapag-Lloyd

Kuehne+Nagel’s new container forwarding service, K+N Pledge, offers refunds if guaranteed service commitments aren’t met. That’s followed similar service commitments made by the container shipping lines, led by CMA-CGM’s Eagle service. It also comes as K+N has been incr... Read more →

20190415-norfolk-regions

ONE Tops The Chart in Norfolk as China Traffic Collapses

The Virginia Port Authority, centered on Norfolk, reported a 4.8% year over year drop in container handling in March, a turnaround from growth of 4.8% on average in the prior three months. A drop in imports was to blame, including a 23.6% slump in shipments from China. Most of the container-li... Read more →

Houston-total

Houston Heads Higher on Mexican Shipments, MSC Does Best

Container handling through Port Houston surged 22.5% higher year over year in March. That was partly down to the repositioning of empty containers though exports jumped 22.4% and imports climbed 16.5%. Imports from China improved despite the imposition of tariffs. Yet, the biggest increase was... Read more →

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