Empty container returns to Asia from the Port of Los Angeles were on par with 2019 levels, signaling an expected uptick in trade flows on the Transpacific.
The labeling switch does not impact a product’s tariff designation, but analysts said the “Made in China” label could have a negative effect on brand perception.
The ability to remain nimble and react to unforeseen changes across the value chain has proven more beneficial than scenario planning or forecasting for many businesses.
The acquisitions, which encompass 5.5 million square feet and 153 million cubic feet of capacity, focus on adding “capacity and services in key markets,” a...
Capacity has grown compared to this time last year, but the reintroduction of sailings hasn’t pushed down rates for cargo flowing from East Asia to the U.S. West Coast.
Intermodal traffic is close to pre-pandemic levels, down 1% compared to July 2019. CSX attributed growing intermodal volumes to retailers replenishing inventories.