Georgia Ports Authority Gears to Surpass 4.6 M TEUs

December 5, 2019

Georgia Ports Authority (GPA) is about to exceed 4.6 million twenty-foot equivalent container units for the first time in a calendar year, the East Coast-based port authority said.

This marks a 14 percent increase in trade levels over volumes moved through Savannah just three years ago, or an additional 550,000 TEUs.

Over the same period, the authority has increased the annual capacity at the Port of Savannah from 5 million to 5.5 million TEUs.

“Through incredible teamwork from the GPA and the ILA on the docks, to the motor carriers and Class I railroads, and to our partners throughout the supply chain, Georgia has managed to create a powerful hub for commerce that is creating jobs and economic opportunity in every corner of the state,” said GPA Executive Director Griff Lynch.

Lynch said to keep cargo flowing, GPA is adding cranes, container rows, truck gates and intermodal capacity.

With the first phase of GPA’s Mason Mega Rail project opening this spring, cargo moved by rail has grown twice as fast as the authority’s overall three-year growth rate in container trade.

For the calendar year-to-date through October, the GPA moved 3.88 million twenty-foot equivalent container units, an increase of 222,800 TEUs or 6 percent, year over year.

Total tonnage crossing all GPA terminals reached 32.5 million tons January through October, up 4 percent over 2018, or 1.21 million tons, including containerized, bulk and breakbulk cargo.

For the full story, please click HERE

Source: World Maritime

Survey Says One Third of Businesses Taking no Action to Mitigate Tariffs

December 4, 2019

With 68% of survey respondents reporting their businesses are somewhat affected, affected or highly affected by tariffs, one might expect some sort of action across the board. But 33.5% of organizations are taking no action to mitigate current or future tariffs while just 29.5% reported being unaffected by them. A small percentage of the business community has chosen the ostrich’s strategy on tariff mitigation.

DHL’s survey reveals wide-ranging levels of concern and proactivity within the global business community. What is consistent is other aspects of doing business in China are becoming more difficult in the age of tariffs.

The report said respondents “commented on the increase in delayed orders, less supplier reliability, and additional work needed to mitigate the short- term impact of tariff escalations that could result in a long-term strategy aimed at sourcing away from China.”

For the full story, please click HERE

Source: Supply Chain Dive

When the Trade War With China Costs Small Firms Their Largest Export Partner, Where Do they Go Next?

December 4. 2019

The U.S.-China trade war has had a significant impact on domestic industries over the last year, accelerating the contraction of U.S. manufacturing and causing significant disruption for multinational corporations and small businesses, particularly farmers.

The agricultural sector has taken a heavy beating as China is the top market for a variety of U.S. farm exports from soybeans to lobster.

Tariffs and an unpredictable trade environment have been particularly hard on nut farmers, Richard Cabrera, EVP of commercial and corporate banking at Umpqua Bank, told Supply Chain Dive.

“Most of their output went into China, and that got slapped with a pretty heavy tariff,” Cabrera said.

Sixty-two percent of middle market companies have been affected by the U.S.-China trade war and associated tariffs, according to a survey of 550 middle market companies prepared and conducted by DHM Research for Umpqua Bank, forcing them to search for new markets or delay expansion plans overseas.

For full story, please click HERE

Source: Supply Chain Dive

First Significant Northeast Winter Storm of the Season to Snarl Travel Through Tuesday

December 2, 2019

At a Glance

• A coastal storm will bring snow and gusty winds to the Northeast through Tuesday.
• More than a foot of snow has already fallen in the interior Northeast.
• Rain will change to snow along the Interstate 95 corridor on Monday.
• This storm system has brought snow and wind from the West Coast to the Plains and Midwest since last week.

The Northeast is seeing its first significant snowstorm of the season from a coastal storm which will continue to snarl travel in parts of the region through Tuesday.
The Weather Channel has named this system Winter Storm Ezekiel.

Happening Now
Snow is falling this morning across interior portions of the Northeast, from Pennsylvania into New York and New England. Rain showers are affecting areas closer to the coast near Interstate 95, but some of those areas should see snow develop later Monday.
Portions of the central and southern Appalachians are also seeing snowfall from this storm.
More than a foot of snow has already fallen in Albany, New York, since Sunday. The top Northeast snow total from this storm so far is 20.7 inches in East Glenville, New York.
Boston, Hartford, Connecticut, and Providence, Rhode Island, all picked up their first accumulating snow of the season on Sunday.

Winter Weather Alerts
Winter storm warnings and winter weather advisories have been issued by the National Weather Service across a broad area from Maine to the central and southern Appalachians.
The worst conditions are likely in areas where winter storm warnings are in effect. Some locations in these warnings may be impossible to travel through. Albany and Syracuse, New York; Allentown and Scranton, Pennsylvania; Concord and Manchester, New Hampshire; and Portland, Maine, are among the cities under a winter storm warning.
Boston, New York City and Philadelphia are under a winter weather advisory, which means snowfall could affect travel in these areas later Monday into Tuesday.

Forecast Timing
Monday
The coastal storm will be strengthening and slowly tracking just off the Northeast coast.
Snow is likely to impact travel from the central and southern Appalachians to much of New York state and parts of western and northern New England.
Areas closer to the coast from Philadelphia to New York City to Boston will have rain changing to snow later today and this evening. Travel should be avoided in these areas this afternoon and evening.

Tuesday
Snow and gusty winds from this storm will impact the morning commute in eastern New England on Tuesday. Much of the snow should be over with by Tuesday night.
Morning commuters could be affected by snow that fell overnight as far south as the New York City metro.

Snowfall Forecast
More than 6 inches of additional snow is expected from northeast Pennsylvania and northern New Jersey into the Hudson Valley north of New York City and much of eastern New England. Up to a foot of additional snow can be expected in parts of eastern New England.
The Boston area is forecast to receive more than 6 inches of additional snowfall Monday evening into Tuesday, with heavier totals just north and west of the city.
New York City might pick up 3 to 5 inches of snow through Monday evening. Accumulations could be a couple inches higher in this area if a band of heavy snow sets up near the Interstate 95 corridor on Monday.

Source: The Weather Channel