Registration takes less than 1 minute.
Data from the software provider Freightos shows average vessel arrival in December was 5.2 days late at West Coast ports, compared to 1.7 days in September.
Lower bunker prices are a temporary windfall that won't last, according to predictions from Boston Consulting Group.
In a keynote to an AAFA sourcing and logistics integration conference, New Balance VP Duncan Scott said Asia's engineering and logistics prowess will offset lower labor costs in other regions.
The recovery of congestion laden West Coast ports significantly impacted shipment volumes and expenditures, according to the latest Cass Freight Index Report.
The southeastern ports continued their blistering growth rate, both increasing throughput by over 13 percent for the month.
Maersk Group and Crowley Maritime say the new company, called Ardent, will be headquartered in Houston.