The theme of “back to normal” season patterns for United States-bound consumer goods may be ready to take hold in early 2020, following an even 2019 that was riddled with atypical trends and volumes related to the U.S.-China trade war and related tension. That was the word from the most recent edition of the Port
New research confirms that the current risk mitigating trend in the third-party arena will continue this year. Indeed, eighty-five percent of logistics managers expect that their outsourcing budget will increase by more than 5% in 2020, according to Gartner, Inc., with a sizeable portion of that aimed at choosing multiple third-party-logistics (3PL) partners. Much of the same
Prolonged trade tensions between the U.S. and China has created quite a bit of headline risk for U.S. ports, though Fitch Ratings’ latest sector peer review shows that it has not trickled down to financial or rating performance. Both ratings and Outlooks have largely remained intact for Fitch-rated ports, perhaps most surprisingly for those located
In its recently-issued “U.S. Outlook for 2020,” Los Angeles-based industrial real estate firm CBRE pointed to some significant, shifts that are likely to be in store in the U.S.-based industrial & logistics (I&L) market. One of the key takeaways identified by CBRE was that absorption gains are expected to be limited in 2020, with available
A final tariff push set to take effect in December is pegged to result in another month of increased import activity for United States-based retail container ports, according to the most recent edition of the Port Tracker Report, which was issued late last week by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.