June 22, 2018

PORTS

Shipments to U.S. Ports Soar on Rising Retail Demand, Trade Worries
“In the first half of the year, retail imports shipped to major U.S. ports are expected to reach 10.2 million 20-foot equivalent units, a standard measure for container cargo—an increase of 3.8% over the same period last year, according to the National Retail Federation.”

US Exports Most Exposed in China-US Trade Dispute
“The $34 billion in tit-for-tat tariffs China and the United States will levy on each other starting July 6 affect 6.2 percent, or 830,095 TEU, of the total China-US container trade of 13.5 million TEU based on 2017 figures, and the tariffs will hit US exporters harder than importers..”

To Ease U.S. Concerns, Chinese Shipper Cosco Offers to Put California Terminal in a Trust
“Chinese state-run Cosco Shipping Holdings Co. has offered to put a large container terminal in Long Beach, Calif., in a U.S.-run trust to allay U.S. national-security concerns about Chinese ownership of the facility, according to people familiar with the matter.”



ECONOMY

US Manufacturing Output Fell in May by the Most Since 2014
“U.S. factory production fell in May by the most since January 2014, weighed down by fewer truck assemblies and still consistent with a steady outlook for manufacturing.”

Report: Rising Costs Threaten Millions With Housing Instability
“With incomes falling woefully behind galloping rents and home prices, more and more Americans are “cost burdened” — that is, paying more than the recommended 30 percent of their earnings on housing.”



ECOMMERCE

A Landmark Decision: the Supreme Court Says States Can Force Online Retailers to Collect Sales Tax
“The U.S. Supreme Court issued a ruling in South Dakota v. Wayfair that could transform the e-commerce industry by allowing states and local governments to force online retailers to collect sales taxes.”

Overstock Urges Congress to act in the Wake of the Supreme Court’s Online Sales Tax Decision
“Overstock.com Inc. is calling on Congress to pass legislation to simplify, or clarify, online sales tax collection in the wake of Thursday’s U.S. Supreme Court decision that enables states and local governments to force online retailers to collect sales taxes, even if they don’t have a physical presence, or nexus, in the state.”

Amazon Rolls out Delivery Lockers in Apartment Buildings
“After roughly a year of quietly adding self-service lockers in apartment buildings across the United States, Amazon.com Inc. on Tuesday officially launched the fulfillment option, which it calls Hub by Amazon.”



SUPPLY CHAIN/LOGISTICS

Supply Chain Caught in Crossfire of U.S.-China Trade Conflict
“The Trump administration’s China tariffs spared some finished goods like smartphones and washing machines, while charges on parts and components could drive up costs in the U.S. supply chain.”

Blockchain for the Supply Chain: Reality vs. Hype
“You’d be hard pressed to find a major industry today that isn’t talking up blockchain as a cure-all for the ills of global supply chains. The idea of a virtual, distributed ledger that can serve as an indelible system of record for any number of business transactions between supply-chain partners — well, it’s irresistible.”

US Shippers Leaning Harder on 3PLs
“Spending on third-party logistics providers (3PLs) will rise to $195 billion by the end of 2019, including nearly $99 million in US domestic transportation management and $52 billion for international transportation management.”

The Future of Production Intralogistics
“Technology, such as automated storage and retrieval systems and AGVs, are improving material flow and delivering significant improvements in speed and productivity. These solutions can be applied as effectively to production intralogistics as to warehousing and distribution.”

CSCMP’s State of Logistics Report Shows Stronger U.S. Economy Fueling Supply Chain Innovation and Opportunities
“Logistics spending rose to a record of nearly $1.5 trillion in 2017, an increase of 6.2% from the year before, according to research by the Council of Supply Chain Management Professionals. By comparison, that’s roughly $250 billion more than was spent on logistics in 2008.”

 


 


OTHER NEWS / STATS / DEALS


For more information or suggestions, please contact:

Tina Arambulo
Industrial Research DirectorLos Angeles Basin
+1 310 525 1918
tina.arambulo@cushwake.com