ITS Logistics July Port Rail Ramp Index: Pre-Peak Season Shipping Activity with Retailers has Stressed Import Volumes at Origin
2024年7月25日 - 10:48PM
ITS Logistics today released the July forecast for the ITS
Logistics US Port/Rail Ramp Freight Index. This month, the index
reveals that pre-retail-peak season shipping activity has brought
moderate volume increases to most markets, but a lack of equipment
has stressed import volumes at origin. In addition, due to the
overseas import origin equipment shortages, shippers are having to
book into new North American entry points outside of their current
supply chain network.
“Despite having a lack of equipment, North American inland
transportation is still not experiencing significant operational
challenges as a result,” said Paul Brashier, Vice President of
Global Supply Chain for ITS Logistics. “That said, as it relates to
North American entry points, the equipment shortages are causing
shippers some moderate disruption this month. This is especially
true in the last 7-10 days of July. Volumes should increase as we
move into August and peak volumes move from docks at import origin
to the U.S.”
This month, the Port of L.A. container volumes increased by
14.4% due to strong trade activity, which was amplified by the
early peak season, threats of a labor strike at both the East and
Gulf Coast ports, and consistent consumer spending. The first half
of the year saw the handling of 4.7 million 20-foot-container
equivalent units, which was more than the same period last
year.
As for the current threat of a labor strike, with only 70 days
left in the International Longshoremen’s Association (ILA) current
contract, discussions remained stalled, as the union’s strategy was
to resolve all local jurisdiction contracts and then commence
negotiations for the master contract.
“Labor disruptions have the potential to adversely affect
operations in the U.S. and Canada,” continued Brashier. “As of now,
there is not a high probability of a prolonged strike on the US
East/Gulf Coast and Canada, but the threat of a strike is causing
shippers to move their booking pairings back to the West Coast to
avoid both regions.”
Numerous vessels are blanking calls at some of the smaller to
medium-volume ports in the U.S., which is negatively impacting
exports. When paired with the equipment imbalance, this will
continue to create a challenge for exporters into Q4 of this
year.
ITS Logistics offers a full suite of network transportation
solutions across North America and omnichannel distribution and
fulfillment services with two-day reach to 96% of the U.S.
population. These services include drayage and intermodal in 22
coastal ports and 30 rail ramps, a full suite of asset and
asset-lite transportation solutions, omnichannel distribution and
fulfillment, and outbound small parcel.
The ITS Logistics US Port/Rail Ramp Freight Index forecasts port
container and dray operations for the Pacific, Atlantic, and Gulf
regions. Ocean and domestic container rail ramp operations are also
highlighted in the index for both the West Inland and East Inland
regions. Visit here for a full, comprehensive copy of the index
with expected forecasts for the US port and rail ramps.
About ITS LogisticsITS Logistics is a premier
Third-Party Logistics company that provides creative supply chain
solutions with an asset-lite transportation division ranked #19 in
North America, the #12 drayage and intermodal provider, a top-tier
asset-based dedicated fleet, and innovative omnichannel
distribution and fulfillment services. With the highest level of
service, unmatched industry experience and work ethic, and a laser
focus on innovation and technology–our purpose is to improve the
quality of life by delivering excellence in everything we do.
Media ContactAmber
GoodLeadCoverageamber@leadcoverage.com
A photo accompanying this announcement is available at
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