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.
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
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
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
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
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.
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
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: 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
St. Louis, Mo. – Emerson today announced that it has acquired the Marine Container and Boiler business of Johnson Controls Inc., enabling Emerson Climate Technologies to expand its refrigeration technology and solutions offerings in the global transportation sector. Terms of the acquisition were not disclosed. Johnson Controls’ Denmark-based Marine Container and Boiler business supplies controls for optimal operation of refrigerated sea containers and marine boilers
Unionized container truck drivers at Canada's largest port voted on Saturday to join a strike by their non-unionized colleagues, who walked off the job on Wednesday over a long-running dispute about pay and services. Unifor, which represents about 400 container truck drivers at Port Metro
Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the promotion of Leeanne O’Reilly to Export Supervisor at Troy Container Line. Based in the company’s Red Bank, N.J. office, O’Reilly will oversee the unification of the FCL and LCL Export
Reuters - Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating costs. Yangzijiang is China's third-largest listed shipbuilder by market capitalisation and has boasted profit margins that dwarf those of
In 2013 the Port of Hamburg achieved total throughput of 139 million tons. That represents growth of 6.2 percent. Both general cargo handling totalling 96.8 million tons (+ 5.7 percent) and bulk cargo handling at 42.3 million tons (+ 7.2 percent)
Q4 net profit falls to $936 mln vs $808 mln forecast; Company will issue bonus shares. Danish shipping and oil group A.P. Moller-Maersk said 2013 net profit fell less than expected thanks to higher earnings at container shipping business Maersk Line
Seaboard Marine informs that the new gate facility allows trucks to flow directly from Port Boulevard into the ninety (90) acre Seaboard Marine terminal. The new gates, at the northeast corner of the Seaboard Marine terminal, will benefit Seaboard’s operations and trucker turnaround
Reuters – Gaz Transport & Technigaz (GTT), a subsidiary of GDF Suez, Total and private equity fund Hellman & Friedman, said in a statement it had priced its IPO at 46 euros per share, valuing GTT at approximately 1.7 billion euros.
Ireland’s Liebherr Container Cranes say they have recently commissioned seven straddle carriers at ECT Delta Terminal in Rotterdam. The straddle carriers operate in the landside interface zone, shuttling between the automatic stacking cranes and trucks
(Reuters) - Israel's Haifa seaport, one of the country's main trade arteries, has been shut indefinitely after management told employees involved in a work slowdown to stay home. Since last week, workers at the port on Israel's northern Mediterranean coast have been operating cranes that load
The French shipping company CMA CGM is expanding its range of liner services from Hamburg and including Black Sea ports in its schedule for the first time. Today, the CMA CGM Lavender sails on the extended FEMEX 1 Northern Europe-Mediterranean full container service from HHLA Container Terminal
The Maritime and Coastguard Agency (MCA) was informed that a number of containers were lost from a Maersk cargo ship as it crossed the northern stretches of the Bay of Biscay in stormy conditions on 14, February 2014. Some have now been spotted and one has been washed ashore reports the agency in
Accroding to a statement issued on behalf of the A.P.Moller-Maersk Group, container vessel Svendborg Maersk lost a significant number of containers overboard during very rough weather in the Bay of Biscay. On Friday, February 14, the container vessel Svendborg Maersk encountered very rough
Gone are the days where a refrigerated unit was a 20ft container with a fridge pack attached. In today’s offshore environment it is it about quality and reliability and the safety of the people working with our kit from dock to deck, explains Greg Spence, managing director of Reftrade UK.
Heavy-duty and commercial vessels demand durable lighting capable of withstanding punishing conditions. The new HypaLUME LED floodlight from Hella marine is specifically designed to meet the rigors of any marine work environment. The most powerful floodlight ever offered by Hella
Abu Dhabi Terminals (ADT), the manager and operator of Khalifa port container terminal informs that the terminal has received a new batch of 3 of the world’s largest and most modern ship-to-shore (STS) quay cranes. The Super Post Panamax quay cranes were produced by Shanghai Zhenhua Heavy