Demand, especially in US container imports has been consistent in line with pre-COVID peak season patterns. With increased security threats in the Red Sea, importers may experience delays due to vessels being rerouted. The Panama Canal is still a point of concern with significantly reduced transits of larger container ships. With both of these concerns, however, U.S. imports still jumped in December. As of January 4, Drewry’s World Container Index increased by 61% to $2,670 per 40ft container.
U.S. East Coast – Import: East Coast port congestion has remained minimal.
U.S. & Canada West Coast – Import: Congestion has eased at West Coast ports.
U.S. West Coast – Export: We continue to see gate capacity restrictions and limited rail reservations available at inland points such as Chicago. Carriers are accepting bookings from inland ramps but not in the volume needed in the market.
U.S. Midwest – Inbound & Outbound: Trucking capacity is down and readily available. Rail availability is stable.
We are continuing to monitor all lanes, ports, and services to provide you with the best possible service at the best possible price.
M.E. Dey and Co. monitors the market daily to find competitive rates that pair well with exceptional transportation services. We provide fixed-rate contracts in addition to standard market rates. Contact us to talk with a representative or request a quote to get started.