According to the latest McCown report, import container throughput fell 5.5% in September. This is a decline not seen since the early stages of the pandemic and is larger than the 0.3% seen in the previous month July and 0.6% in August.
"West Coast ports led to that overall decline with a drop of 17.0%, which is one of the steepest declines in years," the report said. Before that, the decline was 11.5% in August and 5.1% in July.
While port congestion figures continue to improve, the East Coast shift for US imports has increased. Output increased 6.6% for East Coast and Gulf Coast ports, led by New York and Houston ports. The report said concerns about labor unrest on the West Coast could be to blame for the shift to the East Coast.
September marked the 16th consecutive month where East and Gulf ports outperformed West Coast ports in growth rates. Los Angeles was the weakest port in September, down 26.3 percent year-over-year. Houston, Charleston and New York were the fastest growing ports.
“Given signs of slowing output, the final quarter of 2022 is likely to show lower import volumes than the previous quarter,” the report said.
While this report does not address the underlying causes of the drop in container throughput, other market reports have pointed to inflation in advanced economies and low consumer confidence as negative factors polarity with respect to container volume. For the United States in particular, many reports cited high retailers' inventories as another reason for the drop in output.
As sustainability continues to gain importance across global business operations, Green Procurement is becoming a key consideration in sourcing strategies and supply chain management
Recent developments in the Middle East continue to have a significant impact on the global logistics industry. The ongoing closure of the Strait of Hormuz, combined with prolonged regional instability, is driving up transportation costs, affecting carrier operations, and placing additional strain on international supply chains.
For many years, logistics was viewed primarily as a back-end support function. Today, amid increasing global trade volatility, logistics has become a strategic factor directly influencing business growth, risk management capability, and long-term competitiveness.
As our Team Building journey in Phu Yen comes to a close, what remains is not only beautiful photos or joyful moments, but a stronger team spirit than ever before.
Our Team Building 2026 journey in Ninh Binh has come to a successful close, leaving us with meaningful memories, stronger connections, and renewed energy for the road ahead.
On the occasion of International Children’s Day (June 1st), GLOTRANS offices and branches nationwide simultaneously organized a meaningful gift-giving program for the children of employees currently working at the Company.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
