Welcome to this week's freight market update! ?? - Trump has proposed a 25% tariff on all goods from Mexico and Canada unless they take stronger action to stop the flow of migrants and illegal drugs into the U.S. ?? - The volume of dry van load posts increased by 15% last week as shippers positioned inventory in retail markets ahead of the Thanksgiving break. ? - Port of Montreal employers and union dockworkers have mutually agreed to mediation in their contract negotiations. ?? - Pacific Harbor Line (PHL) — together with the California Air Resources Board (CARB) — has received partial funding for five zero-emission locomotives. ?? - Despite robust demand and limited air cargo capacity, the traditional peak season is showing signs of slowing down. ? - The average retail weekly diesel price rose 4.8 cents to $3.53/gallon. #SupplyChain?#Logistics?#Transportation #Freight?#Shipping?#Trucking?#Cargo?#Ports #Rail?#Intermodal
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Hi Network, happy week ! The ports of Los Angeles and Long Beach, the busiest in the U.S., experienced their third-strongest month ever in July despite concerns about a cooling economy. Retailers and importers are stocking up ahead of potential U.S. tariffs on Chinese goods and a possible strike by dockworkers, fueling this surge. While port operations are handling the influx efficiently, some constraints, such as container dwell time and truck chassis availability, are beginning to show strain. This high volume highlights the resilience of U.S. port infrastructure amid economic uncertainties. Port Traffic Booms Despite Recession Fears LA-Long Beach Complex Sees Third-Strongest Month on Record https://lnkd.in/g9Kj_3ee #supplychainsolutions #transportation #shipping #supplychainmanagement #freight #logistics #cargo #business #supplychain #transport #logisticscompany #export #import #freightforwarding #manufacturing #freightforwarder #trucks #seafreight
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This week's shipping and logistics headlines feature critical updates from key global trade routes and industry shifts. Here’s what shippers should know: 1?? Maersk increases capacity in response to heightened risks from Houthi rebel attacks in the Red Sea, affecting global shipping routes. 2?? Potential strikes at Canada's major freight railroads threaten to disrupt operations at the Port of Vancouver, challenging recent efforts to reduce container backlogs. 3?? FedEx Freight announces the closure of seven U.S. service centers as it continues to align its network with evolving industry demands. And more! Explore the full implications of these significant events by reading the detailed articles here ???https://lnkd.in/gcj8_UNj
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?? **Navigating the North American Port Landscape: Challenges & Opportunities Ahead!** ?? As we gear up for 2025, the dynamics of North American port operations are both promising and complex. While container drayage and rail ramp operations are running smoothly across the continent, the Port of Vancouver is facing significant backlog challenges. ?? Here are some key insights: 1. **Port of Vancouver's Backlog**: Currently dealing with a three-week backlog due to the Lunar New Year rush, a recent port strike, and a shortage of rail equipment. This situation highlights the need for shippers to stay agile in their logistics planning. 2. **U.S. West Coast Operations**: In contrast, U.S. West Coast ports are classified as "elevated" but functioning well. However, concerns about potential inventory front-loading due to tariff uncertainties loom large. ?? 3. **Tariff Uncertainty**: The possibility of new tariffs on imports from Canada is prompting shippers to front-load their inventory, which could lead to increased congestion at ports. This uncertainty creates ripple effects throughout the supply chain, impacting costs and export operations. 4. **Positive Trends**: Despite these challenges, container imports rose by 14.7% year-over-year in November, indicating strong demand. The National Retail Federation projects a further increase in container volumes, suggesting resilience in the market. ?? **What can shippers do?** Here are a few strategies to consider: - Monitor market trends and tariff changes closely. - Optimize inventory management for flexibility. - Enhance communication with logistics partners. - Diversify shipping routes to mitigate congestion risks. As we navigate these complexities, adaptability and foresight will be key. Let’s connect and share insights on how we can tackle these challenges together! ?? ?? Read more about the current state of North American port operations [here](https://lnkd.in/g37cAb-x). #Logistics #SupplyChain #PortOperations #Shipping #Tariffs #ContainerShipping #Freight #NorthAmerica #Trade #BusinessInsights
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As East Coast labor issues persist, #WestCoastPorts are seeing record cargo volumes. Retailers are expediting shipments through Los Angeles and Long Beach to meet holiday demands and avoid potential disruptions. Professionals should diversify port usage, enhance real-time tracking, and adapt shipping strategies to leverage West Coast strengths and prepare for 2025 trends. Learn more from Tim Jay in Global Trade Magazine:
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Labor talks at U.S. ports on the East Coast and the Gulf of Mexico present a significant risk for retailers, manufacturers, and other shippers already dealing with longer transit times and higher costs. The International Longshoremen’s Association (ILA) contract covering 45,000 dockworkers from Maine to Texas expires on September 30. If no deal is reached, a strike could coincide with the critical holiday shipping season. According to reports, some importers have shifted small amounts of cargo from East and Gulf Coast ports to Los Angeles as a precaution against U.S. contract talks, Red Sea disruptions, and Panama Canal passage restrictions. What's your strategy to tackle this potential disruption? Comment below! Source: The Loadstar #Logistics #SupplyChain #GlobalTrade #LogisticsNews #GLADaily #GLA #GLAFamily #GlobalNews
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With East Coast uncertainty, #WestCoastPorts are shining bright like a container ship at sunset. ??? The key to staying ahead: ?? Spread your cargo across ports. ?? Track shipments like your holiday plans depend on it. ?? Strategize to maximize efficiency now and into 2025. Catch more insights from Tim Jay in Global Trade Magazine.
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With East Coast uncertainty, #WestCoastPorts are shining bright like a container ship at sunset. ??? The key to staying ahead: ?? Spread your cargo across ports. ?? Track shipments like your holiday plans depend on it. ?? Strategize to maximize efficiency now and into 2025. Catch more insights from Tim Jay in Global Trade Magazine.
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?? - The U.S. economy is currently out-performing any other country in the Group of Seven by a significant margin ?? - The port of Los Angeles could soon be handling $1 trillion worth of imports in a single quarter ?? - The Port of Long Beach reported record box volumes from the month of September ?? - South Carolina Ports reported 214,558 TEUs in September, up 8% compared with the same month last year ?? - Almost half of the containers bound by freight rail out of the Port of Los Angeles are waiting nine-plus days to get out of the port and onto the rail #SupplyChain #Logistics #Freight #Shipping #Ports
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Number of the Day 781,594 Combined loaded container imports into the ports of Los Angeles and Long Beach in April, in 20-foot equivalent units, 18.9% ahead of the same month last year and up 14.6% from March to the highest level since last September.
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