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U.S. Retail Ports Continue Record Setting Run as Supply Chains Struggle to Keep Up June 9, 2021 The United States’ top ports for retail imports are expected to report another blockbuster month in May as consumers turn to normal shopping patterns as vaccinations rates increase, the National Retail Federation announced this week. Meanwhile, supply chains are struggling to keep up with demand. The nation’s largest retail container ports saw their busiest April on record and May could turn out to set a new all-time record once the new numbers come in, according to the NRF. U.S. ports covered...

The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast, according to the Global Port Tracker report released by the National Retail Federation

Companies in desperate hunt for aircraft to move cargo Seller’s market means strong bottom lines for airlines, high rates for shippers 0 3,250 11 minutes read A forklift driver repositions an airfreight pallet, in front of a row of air containers and a cargo jet. (Photo: Jim Allen/FreightWaves at DFW Airport) ( Updated May 12, 10:15 P.M. ET with DHL Forwarding details on rail service) The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo keeps coming...

Rates Shoot Higher Shipping rates are steadily climbing with demand outstripping supply in many areas. The China and Hong Kong markets are leading the way on price strength, while others are more dynamic. In some cases, prices are even higher than during the PPE rush of spring 2020 when air cargo capacity worldwide contracted more than 40%.  The Baltic Air Freight Indices showed an increase of almost 17% in April from March largely driven by China and Hong Kong exports.  By the end of April, shipments from China/Hong Kong to the U.S. jumped 60% from March to $8.56 per kilo, according to the...

NRF: US container ports enjoying new records amid post-pandemic recovery May 10, 2021, by Jasmina Ovcina Imports at U.S. retail container ports hit a new record this spring as the American economy continues to recover from the pandemic, according to Global Port Tracker report released by the National Retail Federation and Hackett Associates. U.S. ports covered by the report handled 2.27 million TEU in March, up 21.2 percent from February and set a new record for the number of containers seen during a single month. The previous record was 2.21 mill...