NorthPoint Logistics

Coming off a tumultuous holiday week, the story from the past week has been one of comparative stability. We saw relatively flat movement in domestic pricing and only saw minor shifts in regional capacity indices. We bring you reports on congestion at the Singapore port which is beginning to disrupt carrier operations. The air cargo market experiences its sixth month of double-digit growth, forecasting a busy Q3 and Q4 for air freight. And the persistent low waters at the Panama Canal are poised for some relief as the rainy season begins. https://lnkd.in/gb_gjdP7

We hope all of our clients and readers had a Happy 4th of July! https://lnkd.in/gBh3j2T9

Contract talks between East Coast dockworkers and maritime employers have stalled, raising concerns about disruptions at key ports. However, ports in Los Angeles and Long Beach, despite experiencing a dip in cargo volumes, anticipate a rebound in the coming months. Read more in this week's newsletter! #logistics #northpointlogistics #transportation #internationaltrade https://lnkd.in/ghw_TeN8

We enjoyed hosting our partner, Dimerco Express Group, in our Kansas City office this week. Excellence in global logistics is possible only through strong relationships with our partners! We look forward to continued growth with the Dimerco team!

This week’s transportation news is dominated by several pressing issues. International container prices skyrocketed by 30-40% in the second half of June, a trend expected to continue. On the East Coast, a potential labor disruption looms as the ILA and USMX contract nears its expiration at the end of September. Adding to the challenges, hurricane season has officially begun – the first named storm of the season, Tropical Storm Alberto, threatens to bring heavy rain and flooding to South Texas this week. #internationaltrade #logistics #northpointlogistics https://lnkd.in/gDdpsMiW

This week's transportation news reveals a mix of trends, with a surge in trans-Pacific shipping activity, a potential rebound in the truckload market, and a tentative agreement averting a Canadian border crisis, showcasing significant shifts in both domestic and international logistics. #logistics #transportation #northpointlogistics https://lnkd.in/ggpWfQfH

This week's transportation news reveals a mix of trends, with a surge in trans-Pacific shipping activity, a potential rebound in the truckload market, and a tentative agreement averting a Canadian border crisis, showcasing significant shifts in both domestic and international logistics. #logistics #transportation #northpointlogistics https://lnkd.in/ggpWfQfH

This week’s transportation news navigates a complex landscape. U.S. Customs struggles to balance security with a surge in e-commerce imports, particularly from China, as relaxed duty-free thresholds raise concerns about unchecked goods. Meanwhile, the global ocean freight market braces for recent highs in June due to a confluence of factors – ongoing tensions, port congestion, and a pre-peak season rush. Finally, economic uncertainty fueled by war and inflation pushes cost savings back to the top of the agenda for procurement executives in 2024. While prioritizing efficiency, reports suggest a focus on long-term value creation alongside short-term cost-cutting measures. Learn more from NorthPoint Logistics: https://lnkd.in/gtkEZt-Z #logistics #transportation

Get up to speed on the latest supply chain news with NorthPoint Logistics Newsletter! https://lnkd.in/gzwpJKb8 #shipping #transportation #internationaltrade

We are excited to be spending the next couple of days at USMEF’s Spring Conference in our hometown of Kansas City! We are proud of the part NorthPoint Logistics’ play in helping American meat producers feed the world. If you will be attending, make sure to say hello to our team - Liz Decker and Nick Best, CSCP. #USMEF #USMEFSpringConference #kansascity #internationaltrade