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Think Tank
Global Gateways: Page 112
Despite Uncertain Times, Growth Steady at North European Containerports, Study Finds
The North European containerport market bounced back strongly from the economic downturn. Total demand reached 57.9 million TEUs in 2011, representing an increase of 22 percent since 2009. The eastern Baltic is seeing particularly strong growth.
U.S. Ports in Multibillion-Dollar War to Take Import-Export Business from Each Other
U.S. ports plan to spend more than $46bn over the next five years in anticipation of fierce global competition for exports and imports, a report by the American Association of Port Authorities shows.
Vessel Imports Rise Another 5.6 Percent in May
International trade data indicates that U.S. import shipment volume for May, measured in TEUs, increased 5.6 percent from April and 3.5 percent from May 2011.
Retail Container Imports Expected to Increase 4.8 Percent in June
In international trade news, import cargo volume at the nation's major retail container ports is expected to increase 4.8 percent in June compared with the same month last year, and year-over-year increases are expected to continue into the holiday season shipping cycle, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Opportunities in Panama for the Retail Industry
As Panama continues to grow and invest in infrastructure, RILA is keeping a sharp eye on the new opportunities emerging for retailers. According to a recent RILA member survey, 59 percent of retailers reported that their supply chains include distribution to and from Latin America, and 58 percent consider entering or expanding Latin American operations in the next five years.
Virgin Atlantic Cargo Begins Flights to Vancouver, B.C.
Virgin Atlantic Cargo is now serving Vancouver, B.C., with flights from London's Heathrow International Airport every Tuesday, Thursday, Saturday and Sunday.
Crowley Maritime Expands D.C. in Puerto Rico; Adds Service to St. Kitts, Nevis
The Caribbean logistics unit of Crowley Maritime Corp. has nearly doubled the size of its distribution center in Puerto Rico, with acquisition of a second warehouse next to its existing 70,000 square-foot facility distribution center in Guaynabo.
Virgin Atlantic Cargo Launches Four New Flights From Chicago
Virgin Atlantic Cargo has introduced four new flights from Chicago, linking the U.S. Midwest to the carrier's network of more than 350 destinations worldwide.
Indian Ports' Container Volume Down Overall 2.4 Percent in April
Container traffic through India's major ports fell 2.4 percent year over year in April, the first month of fiscal 2012-13, according to latest traffic figures released by the Indian Ports Association.
From City to City, China's Port Industry Is Simply Booming
The scale of China's sea trade activity has been revealed in the stark detail that the country has more than 25 ports that now each handle at least 100 million tonnes of cargo a year.
California Ports, Like the Rest of the World, Hit by Cooling Chinese Economy
After months of careful tinkering aimed at slowing China's supercharged economy, Chinese officials may have gotten more than they bargained for: The nation's economic engine is decelerating with alarming speed.
Hong Kong Customs Moves Forward With E-Lock Plans
The Hong Kong Customs and Excise Department (C&ED) reports that RFID-based container locks can effectively improve the security, convenience and visibility of the customs process for cargo entering the airport.
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