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Gridlock at US Ports is Reshaping the Supply Chain

RFgen

cargo has flowed through the country’s West Coast ports until recently. A recent Journal of Commerce survey found more than 65 percent of shippers surveyed said they planned to ship less cargo through U.S. By comparison, the vacancy rate at the end of 2013 was more than 9 percent. Roughly half of all U.S.

article thumbnail

Gridlock at US Ports is Reshaping the Supply Chain

RFgen

cargo has flowed through the country’s West Coast ports until recently. A recent Journal of Commerce survey found more than 65 percent of shippers surveyed said they planned to ship less cargo through U.S. By comparison, the vacancy rate at the end of 2013 was more than 9 percent. Roughly half of all U.S.

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This Week in Logistics News (September 3 – 9)

Logistics Viewpoints

” Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo owners shipped holiday goods early and inflation dented consumer demand. By comparison, container volume growth will be marginally negative next year and rise around 2 percent in 2024.