The global container shipping industry continues to witness an increase in freight demand for US bound shipments as 59% of supply chain professionals surveyed in August 2024 respond in affirmation, while 30% of respondents indicated they have not observed a continued rise in demand, and 11% remain uncertain about the trend. This also explains the continued upward pressure on container […]
Cargo container volume at the 14 major North American ports increased by 11% year-over-year in Q2. East Coast ports had the biggest increase of 12%, as retail sales increased by 2.5% year-over-year. Expiration of the current labor contract for approximately 45,000 East and Gulf Coast dockworkers at the end of September has the potential to dramatically disrupt U.S. supply chains […]
This paper investigates the effects that China’s subsidies have on international trade flows at the product level over this period. The results indicate that the subsidies promoted Chinese exports and limited imports. These effects have been magnified by supply-chain linkages: subsidies given to upstream industries expand significantly the exports of downstream industries. Additional analysis of the price and quantity effects […]
We saw a wave of port privatisation in the nineties and noughties. Governments were looking for funds to develop, construct, operate and maintain port (or terminal) facilities, and many port concession agreements were entered into between government authorities as grantors and private companies as concessionaires. Source: HFW
Shipping is increasing its automation and digitalisation, but we must not lose sight of technology’s power to help or hinder safety. When designed with the end user in mind, new and innovative solutions can enhance safety, optimise ship performance, and of course, improve the industry’s sustainability credentials. Technological advancements are also providing ever-expanding oceans of data, that if utilised smartly […]
Peru’s Chancay Port project marks a significant shift in South America’s and the Pacific’s maritime logistics and economic landscape. Launched in 2008 and accelerated by COSCO Shipping Ports’ investment in 2019, this public-private partnership is set to begin operations in November 2024. With an initial investment of USD 1.3 billion and a total projected investment of USD 3.5 billion1, the […]
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