The world’s 30 busiest container ports saw growth slow in 2022. According to Alphaliner, volumes at the 30 busiest ports rose by less than 1% year-on-year (y/y) to 454 million TEU in 2022. China was the main driver of the gains and, to a lesser extent, the Middle East. China’s top 10 ports achieved […]
Read MoreAir cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years, according to the latest market analysis from CLIVE Data Services. Global air cargo capacity increased for the eleventh consecutive month in February, up 11% on the same period last year. Meanwhile, global air cargo […]
Read MoreThe California Air Resources Board has thrown open the door on comments to its proposed Advanced Clean Fleet (ACF) rule, which sees a phaseout of diesel-powered trucks in the state, even as CARB still does not have the waiver it needs to make it a reality. That proposal includes an acceleration of the target […]
Read MoreSome marine terminals at Los Angeles and Long Beach ports have been unable to operate continuously. Since the middle of last week, Local 13 of the International Longshore and Warehouse Union (ILWU) has stopped taking “staggered shifts” during lunch hours. The Pacific Maritime Association (PMA) said that the action was causing extensive delays. “As […]
Read MoreU.S. Trade Representative Katherine Tai on Thursday rebuffed appeals from senators to begin negotiating trade agreements that would cut tariffs on U.S. agricultural exports. “At this moment we do not have tariff liberalization negotiations going on with a partner,” Tai told the Senate Finance Committee. Tai left open the possibility for that to change, saying […]
Read MoreThe Coalition for a Prosperous America (CPA) today released a statement regarding a report by the U.S. International Trade Commission (USITC) analyzing the effects of Section 232 and Section 301 tariffs on more than $300 billion of U.S. imports. The USITC report found that the tariffs reduced imports from China, effectively stimulated more U.S. production of […]
Read MoreObserving the “two sessions” in China, a crucial event on the political calendar, is never dull for China watchers. This year, the urgency to spearhead technological development and safeguard against economic headwinds was evident. With Xi Jinping embarking on a norm-breaking third term as leader of the world’s second-largest economy, the focus of the new […]
Read MoreLars Jensen, founder and CEO of Vespucci Maritime, has warned that shippers can expect to face carbon surcharges and fewer direct services from carriers in the second half of 2023, as carrier network adjustments to reduce the cost impact of Emissions Trading System (ETS) are implemented. Speaking at the TPM23 conference in Long Beach, […]
Read MoreAccording to aviation groups, China’s efforts to restructure its economy will increase demand for trade, which is expected to spill over into the air cargo markets by the end of this year. During a recent webinar, Glyn Hughes, Director General of The International Air Cargo Association (TIACA), stated that “once we can overcome the current […]
Read MoreArtificial intelligence (AI) is already making its way into the supply chain. If you missed the launch, then it’s time to track the trajectory of AI’s impact from managing initial demand to final-mile delivery. So, where does AI fit in today’s supply chain? Only six short years ago, the trade association MHI published a supply chain […]
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