Europe ports lack buffer space to handle demand surges
Not enough terminal investment in Europe has left ports unable to handle the rising demand, and there is no quick fix, according to analysts and carriers.
Not enough terminal investment in Europe has left ports unable to handle the rising demand, and there is no quick fix, according to analysts and carriers.
Months of frontloading explain the harsher-than-usual import slowdown in the final months of this year, but uncertain consumer sentiment and ever-changing US tariff policy are keeping retail inventories running lean.
The ocean carrier said it still needs approvals from insurers and others, but the cease fire in Gaza appears to be holding.
The beverage maker attributed higher can prices to a duty-driven increase in the Midwest premium for aluminum.
Key cost elements for brokers are the amount of time they spend assembling bid responses, and the lack of coordination between pricing analysts and sales teams that interact with shippers.
Rising e-commerce volume out of Vietnam is being piled on top of sustained and heavy demand for high-tech shipments, with space on freighters in short supply.
Investments in computer vision technology and the associate-facing Sidekick app are improving the retailer’s in-stock rates.
The facility is unable to support the scale and technology required for the sporting apparel company’s long-term goals, a spokesperson said.
A series of freight-all-kinds increases since Oct. 1 has held up the spot market on the trade, with carriers aiming to sustain the pricing momentum through fourth-quarter contract talks.
Flight operations have returned to normal after the agency terminated an order to reduce activity by up to 10% earlier this month.