Amid tentative East and Gulf Coast ports labor agreement, industry stakeholders focus on working through backups and focus on supply chain resiliency

While there is a sense of relief sweeping over the United States supply chain and, by extension, the economy, following a tentative agreement struck late yesterday by the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), port operations will not immediately return to normal. However, the situation did not fully escalate to … Read more

New report from Colliers examines key industrial real estate findings, with a focus on the 25 largest U.S. markets by inventory

Data recently released by industrial real estate firm Colliers, in its report titled “The Markets that Move America – Q2 2024,” highlighted key findings related to vacancy, new supply, demand, and rent growth, focusing on the 25 largest U.S.-based industrial markets by inventory. Colliers observed that these 25 largest markets account for 76% of the … Read more

FTR Shippers Conditions Index sees gains for fourth straight month, amid soft outlook

The new edition of the Shippers Conditions Index, which was issued this week by freight transportation consultancy FTR, remained in positive territory for the fourth consecutive month, after several months of declines. FTR describes the SCI as an indicator that sums up all market influences that affect the transport environment for shippers, with a reading … Read more

U.S. rail carload and intermodal volumes, for week ending September 28, are mixed, reports AAR

United States rail carload and intermodal volumes, for the week ending September 28, were mixed, according to data issued this week by the Association of American Railroads (AAR). Rail carloads, at 227,046, were down 3.5% annually, trailing the weeks ending September 21 and September 14, at 232,818, and 232,154, respectively. AAR reported that four of … Read more

East and Gulf Coast ports’ strike comes to an end, with ILA and USMX reaching a tentative agreement

Labor peace is now restored for 36 United States-based East and Gulf Coast ports following a brief but heightened period of uncertainty. The ports had been shut down for the better part of three days after the expiration of the previous six-year contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance … Read more