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Imports up for third straight month in Oakland
Overall cargo volumes continue to rise as peak season gets underway.
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Maritime & Ocean
August cargo volume up at East, West Coast ports
Imports drive growth as companies replenish warehouse inventories, retailers gear up for peak season demand.
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Retail imports jumped to unexpected levels in July, NRF and Hackett say
UPS, DHL also boost hiring to meet forecast of rising e-commerce volume this holiday peak.
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Ports will need to double or quadruple in size by 2050, climate study says
Twin pressures of sea level rise and expanding international trade could require $768 billion to add new capacity, authors say.
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Maersk folds Damco business line into main logistics and services unit
Move meets shippers’ increasing demand for multiple modes of transport, as Safmarine and Damco brands will sunset by 2021.
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Threat of Hurricane Laura shutters energy production from Houston to New Orleans
Fueled by warmest waters in Gulf of Mexico since 2011, storm arrives days after Tropical Storm Marco.
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Freight flows continue to rebound through August, but future still murky
Climbing volumes lead to rising rates in spot truckload and parcel sectors, Baird report shows.
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Imports rise at maritime ports as warehouses restock after Covid shutdown
But total volumes are still down from 2019 levels, as ports say pandemic impact will persist until vaccine is discovered.
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Year-to-date cargo volume down at East, West Coast ports
Port of New York/New Jersey cites declining volume across the board; Oakland reports growth in July imports, but exports drop for third straight month.
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As port throughput shrinks, spending slows on container port expansion plans
Under pressure from pandemic, capacity expansion will contract at least 40% over the next five years, Drewry says.
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