Quiet US ports spark slowdown fears as imports fall

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By Alex Lennane

16/11/2015

High inventory levels and weak demand are to blame for a fall in imports at the US’s three busiest ports, say industry analysts. LA, Long Beach and New York saw imports fall 10% between August and October – a season traditionally associated with a surge in volumes. This WSJ article examines whether this is a “short-term hiccup, or the “start of a sustained period of weakness”. However, FedEx and Amazon are predicting a record holiday season.

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Topics

Long Beach New York & New Jersey Port of Los Angeles US ports Demurrage & Detention dwell times Hapag-Lloyd Maersk National Industrial Transportation League (NITL) Ocean Shipping Reform Act (OSRA22)

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