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Retail Container

Strong Growth in Merchandise Imports to Resume in Fall

Import volume at the nation’s major retail container ports is expected to increase a modest 1.1% in July over the same month last year but a slow summer should be followed by significant increases as retailers head into the holiday season this fall, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the economy recovering slowly, retailers have been cautious with imports this summer but it’s clear that they expect an upturn later in the year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Import numbers have been close to flat since spring, but we expect to see stronger increases this fall.” Cargo import numbers do not correlate directly with retail sales or employment because they count only the number of cargo containers brought into the country, not the value of the merchandise inside them. But the amount of merchandise imported nonetheless provides a rough barometer of retailers’ expectations. U.S. ports followed by Global Port Tracker handled 1.38 million Twenty-foot Equivalent Units in May, the latest month for which after-the-fact numbers are available. That was up 1.2% from April but only 0.6% from May 2012. One TEU is one 20-foot cargo container or its equivalent.


Retailers Stocking Up Ahead of Holiday Season

Import volume at the nation’s major retail container ports is expected to grow 5.1% in September over the same month last year as retailers head into the holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. “Retailers are making up for the slow imports seen earlier in the year,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said


Retail Imports to Increase 2.3 Percent in March

 Import cargo volume at the nation’s major retail container ports is expected to increase 2.3 percent in March over the same month last year despite federal spending cuts that could slow down cargo processing, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers are aware of the impact of the cuts on Customs operations at the ports and are working to plan accordingly so the impact on


U.S. Retail Imports Expected to Rise

Import volume at the nation’s major retail container ports is expected to grow 1.8% in December over the same month last year, and the year should end with an increase of 2.3% over 2012, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Imports have seen good growth over last year and retailers are well-stocked as the holiday season continues


Retailers Remain Cautious on Merchandise Imports

Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the economic recovery moving slowly, retailers are being cautious this summer and could hold off on stocking up for the


NRF: Imports Rising as Strike Looms

file photo taken by K. Sweeney

Retail Imports to Increase 2.3 Percent in January as Port Strike Threat Continues.   Import cargo volume at the nation’s major retail container ports is expected to increase 2.3 percent in January over the same month last year as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast docks, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.  


Retail Container Traffic to be Up Six Percent

 Import cargo volume at the nation’s major retail container ports is expected to be up 11 percent in February over the same month last year and the first half of 2011 should be up six percent over the same period in 2010, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.   “Strong growth in 2010 has retailers cautiously optimistic that the economic recovery is finally taking hold


Retail Imports to Rise in March

Containership_Marad.jpg

Import volume at the nation’s major retail container ports is expected to increase 12.4 percent in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retailers are bouncing back from the annual post-holiday slowdown and getting ready for the surge in activity that comes each year as the weather warms up


Pep Boys Selects NRS for Transload Operation in Savannah

National Retail Systems, Inc. (NRS), a provider of logistics services to U.S. retailers, pharmaceutical companies and consumer goods manufacturers, announced it has been selected by Pep Boys, an automotive aftermarket service and retail chain, to provide an import container transload solution at the Port of Savannah. NRS will dray Pep Boys container imports from the Port of Savannah to the company’s crossdock facility in Pooler four miles from the port


NRF Urges President to Intervene in Port Negotiations

NRF: East and Gulf Coast Strike Would Have Devastating Implications for the Retail Industry. The National Retail Federation today sent a letter to President Obama to express the retail industry’s growing concern if a contract agreement isn’t reached between the International Longshoremen’s Association and the United States Maritime Alliance, Ltd. The two sides have been in negotiations, with the assistance of federal mediators


CMA CGM Acquires 7,000 Reefer Containers

Photo: CMA CGM

The CMA CGM Group announced it has acquired more than 7,000 of last generation 40’ High Cube Reefer containers including 6,000 low consumption engines. The CMA CGM Group said regularly invests Reefer containers that reduce carbon print by 60% compare to the first generation’s Reefers


Largest Ever Ship on the Thames

thames.jpg

The largest ship ever to enter the Thames is due to call at the U.K.’s new deepwater container port DP World London Gateway this weekend weekend, with estimated time of arrival in the early hours of Sunday morning, October 19. Oone of the largest containerships in the world


Maersk to Bump Asia-Europe Rates

File photo: a Maersk containership

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Nov 1. Rates for twenty foot equivalent unit containers (TEU) will rise by $900


APM Terminals wins Battle for Moin Container Terminal

  The Supreme Court has ruled in favor of the Costa Rican Government and APM Terminals in an appeal filed by the port workers union against the 33-year concession contract for the new Moin Container Terminal (TCM) in Limon on the Caribbean coast of Costa Rica.


Maersk Line Opens New Container Depot

Photo courtesy of Maersk Line

Maersk Line announced the opening of a new container depot at Nexus Industrial Estate in Altona, Australia, officially opened by Victorian Minister for Ports and Major Projects, the Hon. David Hodgett MP. Through taking over a 5ha facility


Update from Cyclone Hit Indian Ports

On October 11, 2014, large waves buffet the coastline ahead of Cyclone Hudhud making expected landfall in Visakhapatnam

Two ports on the Eastern Coast of India that suffered extensive damage from the Hudhud cyclone have provided a status update.  Gangavaram Port Yesterday night port declared the impact of cyclone HudHud as  ‘force majeure’.


Greg Hewitt is Executive V.P. of Kalmar

Gregory E. Hewitt, Executive Vice President, The Americas at Kalmar

  Greg Hewitt (MBA, B.Sc.) has over 25 years of versatile experience from industrial equipment, transportation, major appliances and retail businesses. He has worked as President and CEO in Heil Trailer International, as Vice President & General Manager in Komatsu North America


Retail Imports Surging to Pre-Holiday Highs

Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett


Asia-Europe Container Rates at One-Year Low

Container freight rates fell 10.2 percent on busy route; Maersk expects gradually declining rates. Freight rates for shipping containers from ports in Asia to Northern Europe fell 10.2 percent to $738 per 20-foot container (TEU) in the week ended on Friday


EIA: Falling Fuel Costs, Rising U.S. Production Ahead

The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). Select highlights follow:   •         EIA projects average U.S


Report on MOL Comfort Incident is out

MOL Comfort

  In response to the casualty of “MOL COMFORT” which occurred on 17 June 2013, ClassNK established the Investigative Panel on Large Container Ship Safety, comprised of leading experts from shipbuilders, shipowners and academic institutions


SITC Container Lines Wins Industry Award

Nantawan Sakuntanak, Director-General of the Department of Export Promotion, DITP,delivered the award to SITC Container Lines (Thailand) Co.,Ltd.

SITC Container Lines (Thailand) Co.,Ltd was awarded as " Best Container Liner 2014 " by DITP (Department of Int'l Trade Promotion) and TNSC (Thai National Shipper's Council ) in  Bangkok, Thailand on 24th/Sept,2014. This yearly- based appraisal activity was held by DITP/TNSC with


Seakeeper Launches 5 New Models

Seakeepers 5 models

Seakeeper proudly introduces five new models, offering stability and roll reduction for vessels 30’ and larger! The product range now includes the Seakeeper 5, 9, 16, 26 and 35 models, with gyros that are smaller and more powerful than ever.


Tankship, Gas Carrier, Containership Newbuilds: Latest Orders

Ships bow: File photo

Reported business this week has been focussed on the tanker, container and gas markets, says Clarkson Hellas in their latest S&P Weekly Bulletin. Tankships Whilst under discussion for some months, Knutsen NYK Offshore Tankers have now signed two firm plus two optional 160


LNG Ltd Takes Paul Cavicchi On-board

LNG Ltd Takes Paul Cavicchi On-board

  Liquefied Natural Gas Limited has appointed Paul J. Cavicchi as a Non-Executive Director of the Company with effect from 1 October 2014.  Based in Houston, Paul brings over 25 years leadership experience in the international energy industry across a range of gas nd power projects






 
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