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MARIO CORDERO
US ports facing ‘goods recession’ amid holiday lull, tariff woesNew data reveals a month-over-month dip in October, with significant year-on-year decreases anticipated for November and December. This slo...- Container imports to busiest US port complex fell 7% in SeptemberSeptember imports at the busiest U.S. seaport complex declined 7.3% year-over-year, with the Ports of Long Beach and Los Angeles experienci...
- Donald Trump's tariffs bite at quiet US portsThe Port of Los Angeles is experiencing a significant slowdown due to the US-China trade war, with cargo volumes plummeting. Importers are ...
- Port of Long Beach smashes all-time record with October surgeThe surge was driven in part by importers diverting cargo to Southern California to avoid risk of delays from a labor dispute that shut eve...
- Busiest US trade hub handled near-record imports in AugustThe ports of Los Angeles and Long Beach, which account for roughly a third of all US container imports, have seen a surge this summer just ...
- Busiest US ports absorb import surge nearing pandemic-era frenzyDespite growing capacity constraints, port efficiency remained high, reflecting strong consumer demand and strategic stockpiling by busines...
- Port of Long Beach CEO says cargo is up for eight months in rowCombining the numbers of Long Beach and neighbouring port of Los Angeles, the container volumes are seeing a 23% jump in first quarter y-o-...
- West Coast ports see longest labour disruptions since 2015The International Longshoremen and Warehouse Union, representing 22,000 dockworkers, and the Pacific Maritime Association, which represents...
- West Coast port disruptions to extend to Tuesday amid labor riftWest Coast dockworkers and their employers have been holding labor contract negotiations for over a year, with the occasional slowdown or w...
- No. 2 US port sees consumer demand easing from Covid-era surgeThe most recent data show US consumer spending and retail sales rising at a sluggish pace, a sign that the hottest inflation in almost four...
- LA Port braces for peak cargo season to arrive early as consumers keep buyingRetailers have been building up inventories amid soaring consumer demand and transportation bottlenecks, but many including Target Corp. an...
- New supply chain risk: 22,000 dockworkers who may soon strikeSome port workers accuse the longshoremen of adding to the chaos at the ports in the lead up to their contract negotiations, boosting their...
- LA Port sees chance to ease ship backlog by summer peakMaersk, which handles almost one-fifth of the world’s container traffic, sees a 2%-4% expansion in the market this year, with a strong firs...
- US’s Port of Long Beach moves record cargo despite logjamsUS supply chains have strained under unprecedented demand, worker and truck-chassis shortages and a shift to buying more material goods as ...
- Record volumes at LA ports to become ‘new normal’ after crisisThe two ports together make the biggest gateway for ocean trade in the U.S., handling more than one-third of inbound containers.
- Ships keep coming, pushing U.S. port logjam and waits to recordsStrained supply chains have become an economic drag on the world’s largest economy and a political risk for President Joe Biden.
- Container rates to US top $10,000 as shipping crunch tightensThe spot rate for a 40-foot container from Shanghai to Los Angeles increased to a record $9,733, up 1% from the previous week and 236% high...
- Global supply lines struggle to clear container backlog after Suez chaosContainer shipping companies, carrying products ranging from mobile phones to designer goods, have been contending for months with disrupti...
- Proposed grand shipping alliance fires up debatesLast week, shipowners in China have voiced anticompetition concerns in the wake of the proposed alliance, to be known as P3.
- Italy's Mario Monti: to run or not to run?Mario Monti's decision to resign has left the door wide open for the former Eurocrat to run in the upcoming general election, or take on th...
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