POLA and POLB report record February volumes

Following a record-setting January, container volumes recently respectively issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) saw new records being set again, in February, according to data issued by each port. Total February POLA volume—at 857,764 TEU (Twenty-Foot Equivalent Units)—represented a 7.3% annual increase, for the highest-volume February… Continue reading POLA and POLB report record February volumes

U.S.-bound shipments and TEU see sequential declines and annual gains, for February, says Panjiva

United States-bound imports and shipments saw sequential declines and annual gains, for the month of February, according to recently issued by global trade intelligence firm Panjiva. Total February U.S.-bound containerized freight imports—at 2,528,809 TEU (Twenty-Foot Equivalent Units)—were down 5.5% compared to January and up 6.9% annually. And for U.S.-bound shipments, Panjiva reported that February shipments—at… Continue reading U.S.-bound shipments and TEU see sequential declines and annual gains, for February, says Panjiva

This Week in Logistics News (February 26 – March 4)

The name Lillie Elizabeth McGee Drennan probably doesn’t ring a bell, but as we enter March, which is Women’s History Month, it is a name worth knowing. Lillie Elizabeth McGee Drennan was the first licensed female truck driver and trucking firm owner. As a young woman, she started the Drennan Truck Line with her husband… Continue reading This Week in Logistics News (February 26 – March 4)

Services economy trends down in February while growth remains strong

February services economy activity remained on the right side of growth, although it declined compared to January, according to the February edition of the Services ISM Report on Business, which was issued today by the Institute for Supply Management (ISM). The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 55.1(a reading… Continue reading Services economy trends down in February while growth remains strong

ISM reports solid February manufacturing output

Manufacturing output in February turned in another solid performance, according to the most recent edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report’s key metric, the PMI, came in at 58.6 (a reading of 50 or higher indicates growth), posting a 1.0% gain over… Continue reading ISM reports solid February manufacturing output

This Week in Logistics News (February 19 – 25)

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Jim Hackett, the CEO of Ford at the time, was quoted as saying: “We didn’t realize there was an off switch. We knew… Continue reading This Week in Logistics News (February 19 – 25)

New Self Storage Locations – February 24, 2022

Extra Space Storage recently opened several self storage locations in various markets across the U.S., including St Louis, Houston, and Palmetto Bay. Learn more about our newest locations below! 34244 Groesbeck Hwy, Clinton Township, MI 401 Northpark Dr, Kingwood, TX 24432 Mervell Dean Rd, Hollywood, MD 7737 Watson Rd, St Louis, MO 555 Bay Area… Continue reading New Self Storage Locations – February 24, 2022

POLA, POLB again push back consideration of container dwell fee to February 25

The Port of Los Angeles (POLA) and the Port of Long Beach (POLB) said late last week that they have again postponed the implementation date for their ocean carrier Container Dwell Fee, which will now not be considered until February 25. This follows previous joint announcements by POLA and POLB, whom collectively account for roughly… Continue reading POLA, POLB again push back consideration of container dwell fee to February 25

This Week in Logistics News (February 12 – 18)

When the final whistle blows, and the new Super Bowl champions are crowned, the players are immediately wearing “Super Bow Champion” t-shirts and hats. While printing operations have been greatly improved, clearly there is no way that these items are printed on-demand. Instead, they are printed ahead of time, for both teams. But what happens… Continue reading This Week in Logistics News (February 12 – 18)

POLA, POLB again push back consideration of container dwell fee to February 18

The Port of Los Angeles (POLA) and the Port of Long Beach (POLB) said late last week that they have again postponed the implementation date for their ocean carrier Container Dwell Fee, which will now not be considered until February 18. This follows previous joint announcements by POLA and POLB, whom collectively account for roughly… Continue reading POLA, POLB again push back consideration of container dwell fee to February 18