Retail inventory-to-sales levels still historically low despite higher spending on services A widely held theory on pandemic spending is that container imports surged because Americans bought a lot more goods when COVID prevented…
Finding alternatives to sourcing in China won’t happen overnight The administration of President Joe Biden wants the global supply chain of the future to look markedly different. In February, President Biden issued the Executive…
U.S. import demand remains historically high. And yet, containerized imports could pull back, at least temporarily, because the trans-Pacific shipping system has bounced against its max-capacity ceiling and can no longer bear the…
The Biden administration is calling for drastic cuts in shipping emissions, but some developing nations may not be on board A new U.S. push to cut ship emissions will kick into high gear…
Cargo ships have been delivering their loads later than ever this year, adding to the supply-chain woes that are undercutting efforts by retailers and manufacturers to capitalize on resurgent economic demand. Only about…
Already stressed capacity is facing new pressure as the economy recovers from the coronavirus pandemic and demand increases. “There are short-term and longer-term implications,” Noah Hoffman, vice president of retail and supply chain…
Danish container-shipping giant launched a new $5 billion share buyback program; ‘It’s been our best quarter ever,’ CEO says A.P. Moller-Maersk A/S said it would launch a roughly $5 billion share-buyback program as unrelenting demand…
hina’s surging imports of metals, grain and other commodities are providing a boost to a bulk-shipping sector at the center of global industrial production. Daily freight rates for capesize ships, the largest bulk…
Los Angeles inbound empty international containers have surpassed loaded volumes for first time since early 2019 For the first time in the rail container volume index history, nonholiday empty containers outnumber the loaded…
Prologis Inc. (NYSE: PLD) reported core funds from operations of 97 cents per share Monday, 3 cents ahead of the consensus estimate and 14 cents better than the year-ago quarter. The San Francisco-based…
