Import Cargo Volume at US Ports Set to Peak in August, but Labor Disputes Pose Concerns for Retailers
The Global Port Tracker report indicates that import cargo volume at major container ports in the United States is expected to increase towards a peak in August.
February's U.S. Container import shows the largest monthly decline on record
Last month, the container volumes received by the U.S. dropped 28% in merely thirty days.
Pakistan’s ports are bloated with frozen imports
The country’s economy is teetering on the edge of collapse, and many companies - especially those that manage the ports - have been forced to halt operations in response.
Norway is now Germany’s biggest supplier of imported gas, replacing Russia
Germany has traded Russia for Norway as the country’s import share dropped to just 22% in 2022. Russia began gradually cutting its gas supply via the Nord Stream pipeline to Germany over the summer and shortly thereafter ceased supplying via pipeline in September.
Port congestion problems eased in Oakland after November drop in imports
Compared to 2021, November imports and exports were down in November of 2022 at (-17.4%) and (-12.3%) respectively.
Import dwell fees are coming to the Port of Houston
A new policy is bringing a $45 per day “Sustained Import Dwell Fee” for shippers to the Port of Houston.
Pineapples from Costa Rica cloudy history before they show up in your grocery store
The largest exporter of pineapple across the globe is Costa Rica, but it doesn’t come easy.
Foreign goods are cheaper than ever to import
Manufacturers in the United States are likely to suffer from the value of the dollar going up as US-made goods become more and more expensive for buyers internationally.
UN deal secures more corn shipments through Black Sea
Corn shipments continue to leave Ukraine ports after the UN deal brokered between Russia, Turkey, and Ukraine takes effect.
American cherry exports boom in China
The Chinese love their American cherry imports - so much so, that the top buyer of US cherries has impacted airfreight capacity for other export markets to ensure their shipments get delivered.
Shanghai reopens, bringing massive cargo surge to CA ports
While the port of Shanghai was technically in operation during the three-month shutdown due to Covid-19 restrictions, the operations were slowed significantly.
