FAQ on ITS Logistics July Port Rail Ramp Index and Pre-Peak Season Shipping Challenges

What is the ITS Logistics US Port/Rail Ramp Freight Index?

The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions, including ocean and domestic container rail ramp operations for both the West Inland and East Inland regions.

Why are import volumes at origin stressed according to the July index?

Import volumes at origin are stressed due to pre-retail-peak season shipping activity increasing volumes and a lack of equipment, causing shippers to book into new North American entry points outside their current supply chain network.

How has the Port of L.A. container volumes changed recently?

The Port of L.A. container volumes increased by 14.4% due to strong trade activity, early peak season, threats of a labor strike at East and Gulf Coast ports, and consistent consumer spending.

What is the current status of the International Longshoremen’s Association (ILA) contract negotiations?

With only 70 days left in the current contract, discussions remain stalled as the union aims to resolve all local jurisdiction contracts before negotiating the master contract, increasing the threat of a strike.

How could a labor strike affect U.S. and Canada operations?

A labor strike could adversely affect operations by causing shippers to move their booking pairings back to the West Coast to avoid disruptions, despite the current low probability of a prolonged strike.

What challenges are exporters facing according to the index?

Exporters are facing challenges due to vessels blanking calls at smaller to medium-volume ports in the U.S. and an equipment imbalance, which are expected to continue into Q4 of this year.

What services does ITS Logistics offer?

ITS Logistics offers network transportation solutions across North America, omnichannel distribution and fulfillment services with two-day reach to 96% of the U.S. population, including drayage and intermodal services in 22 coastal ports and 30 rail ramps.

Where can I find a comprehensive copy of the ITS Logistics US Port/Rail Ramp Freight Index?

A comprehensive copy of the index with expected forecasts for the US port and rail ramps can be found by visiting the ITS Logistics website at the provided link.