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WEEK 51 MARKET UPDATE

Container shipping outlook 2024: Rising risk of delays, disruptions  The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for  2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under …

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Shipments

WEEK 50 MARKET UPDATE

CONTAINER SHIPPING OUTLOOK 2024: RISING RISK OF DELAYS, DISRUPTIONS  The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for  2024. Two key container shipping “chokepoints” — the Panama Canal and the Bab-el-Mandeb Strait in the Red Sea — are simultaneously under …

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Ports_RTWLogistics

WEEK 48 MARKET UPDATE

ONE READIES INDIA-US EAST COAST SERVICE AS PART OF 2024 NETWORK ROLLOUT Ocean Network Express (ONE) has unveiled plans for its first standalone container service from India to the US East Coast, aimed at capitalizing on India’s fast-growing export market. ONE said in a statement on Monday that the West India North America (WIN) service …

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ocean freight shipping

WEEK 47 MARKET UPDATE

PORT HOUSTON RECORDS NEW LOADED EXPORTS RECORD  Port Houston celebrated a major milestone in October, reporting the highest volume of loaded exports in its history. Compared to the same period last year, loaded exports increased by an impressive 6%. Year-to-date export figures also show a significant growth of 10%, with a total of 1,151,638 twenty-foot …

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Port containers

WEEK 46 MARKET UPDATE.

SOUTH CAROLINA PORTS REPORT STRONG OCTOBER PERFORMANCE  South Carolina Ports (SC Ports) announced impressive performance for the month of October, with container volumes showing signs of recovery and even reaching new record highs. Despite a 9% year-over-year decrease in container volumes, mainly driven by a decline in empty volumes, which fell 27% yoy, loaded import and …

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WEEK 45 MARKET UPDATE

U.S. CONTAINER IMPORTS CONTINUE TO RISE, OUTPACING PRE-PANDEMIC LEVELS Imports from China increased by 2.3% in October 2023 compared to September, reaching 886,842 TEUs. However, this is still a decrease of 11.6% from the peak in August  2022. China accounted for 38.4% of total U.S. container imports in October, a decrease of 0.9% from September …

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