The apparel sector’s greenhouse gas emissions increased to 944 million metric tons in 2023, up by 7.5% compared to 2022, according to the Apparel Impact Institute.
The Port of Los Angeles saw record volumes last month, but the influx is putting added pressure on the middle mile, with costs soon expected to flow downstream.
Containerized imports into the US last month set an all-time high, according to PIERS data, reflecting what is likely a peak in 2025 imports as shippers tried to get ahead of tariffs.
With only low-capacity increases forecast for the MPV fleet, operators believe they will be able to handle the predicted increases in project cargo.
The funds will mostly be spent on further development of its platform for shippers, including investment in AI.
When the proposed agreement is adopted in October, as expected, all international shipping will be bound by the decarbonization regulation, an official at the shipping association pointed out.
Ports in Europe and Asia, especially Rotterdam, Antwerp, Singapore and Shanghai, have been grappling with congestion-related issues such berthing and cargo delays for several months.
The Texas-based company is supplying neodymium magnets, which are the most powerful commercially available and used in a wide range of automotive applications.
Businesses using the retailer’s cross-border importing service can now ship goods from Ho Chi Minh City and Hai Phong, its first origin ports outside of China.
Global spot rates from Southeast Asia to North America fell 16% YoY as capacity constraints eased.
