Our Blog

Ocean,Ship container_RTW

WEEK 22 MARKET UPDATE

SOUTH CAROLINA PORTS SEE UPSWING IN CARGO VOLUMES, STRENGTHENING SOUTHEAST MARKET South Carolina’s ports have witnessed an upswing in cargo volumes during the month of April. During April, SC Ports successfully moved 214,101 TEUs and 119,572 pier containers, encompassing containers of all sizes. While these figures represent a 19% decline compared to the previous year, …

Read full post
ports containers

WEEK 21 MARKET UPDATE

CONTAINER VOLUMES AT PORT OF LOS ANGELES RISE FOR SECOND STRAIGHT MONTH, BUT PACE LAGGING PRE-PANDEMIC  Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port of Los Angeles processed 688,110 twenty-foot equivalent units (TEUs), a …

Read full post
sea port

WEEK 20 MARKET UPDATE

PORT HOUSTON SEES SURGE IN CONTAINER EXPORTS As U.S. imports continue to come in well below last year’s records, Port Houston has announced that its container exports are surpassing historic volumes seen in 2022, signalling strong growth in the region. Loaded exports, particularly driven by the demand for resin exports, have increased by an impressive …

Read full post
Ocean freight_RTW

WEEK 19 MARKET UPDATE

US RETAIL IMPORTS EXPECTED TO REMAIN BELOW 2022  U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National Retail Federation and Hackett Associates. However, the report also forecasts that import volumes will remain well below …

Read full post
PORT PICTURE_RTW

WEEK 18 MARKET UPDATE

CROWLEY TO LAUNCH NEW OCEAN-RAIL SERVICE CONNECTING MEXICO, U.S. MIDWEST, AND CANADA US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking Mexico, the U.S. Midwest, and Canada. The new service will incorporate Crowley’s new ocean route in the Gulf of Mexico and capitalize on the highly …

Read full post
ocean freight shipment

WEEK 17 MARKET UPDATE

PORTS OF SINGAPORE, LONG BEACH, AND LOS ANGELES SIGN GREEN SHIPPING CORRIDOR PACT The Maritime and Port Authority of Singapore (MPA), Port of Long Beach, and Port of Los Angeles, along with support  from C40 Cities, signed a memorandum of understanding to establish a green and digital shipping corridor. The purpose  of the corridor is …

Read full post

load More