Containerized cargo volumes at the Port of Mobile continue to climb in 2021 as shippers seek uncongested gateways servicing key North American markets, according to those at the Port. In August, container volume through the Port increased 34% over August 2020 volume, while year-to-date volume posted 27% over the same period last year. Part of that success is tied to a 37% increase in refrigerated containers due to nearly $74 million in refrigerated facilities investment at the Port to support cold cargo supply chains.
Port of Oakland beef exports—almost exclusively to Asia—increased 25% this year between January and July. Those at the Port called the surge extraordinary in a year when shipping disruptions have hobbled global supply chains. Oakland exported the equivalent of 25,200 20-foot containers of beef through July. The number for the same period last year was 20,100. Oakland estimated the total value of beef exports at $1.5 billion in the first seven months of 2021.
Fresh Del Monte Produce has added six new energy-efficient reefer container vessels to its fleet. The addition of the new vessels named – Del Monte Gold, Del Monte Rose, Del Monte Harvester, Del Monte Spirit, Del Monte Valiant andDel Monte Pride – marks a new chapter in environmental sustainability for the company.
Industry experts offer insight into the challenges impacting the import and export of cold food and beverages, discussing everything from tariffs and governmental regulations to price increases and third-party logistics.
Nonetheless, the trade war is one of the factors impacting forward-looking models.
December 11, 2019
Volume at major container ports bumped up significantly in November, as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation, Washington, D.C., and Hackett Associates, Alexandria, Va.
The report shows that shrinking international capital flows caused global connectedness to dip slightly in 2018.
December 5, 2019
DHL Express, Plantation, Fla., and NYU Stern School of Business, New York, released the 2019 update of the DHL Global Connectedness Index (GCI), which highlights key developments in international flows of capital, trade, information and people.