What do seaport executives expect for the rest of 2023?

WASHINGTON — With the first quarter of 2023 officially in the books, U.S. seaports want to know what the rest of the year holds as they prepare for what they hope will be a fall peak shipping season.

A panel of port executives who gathered here this week for the American Association of Port Authorities’ annual legislative summit (this year’s moniker, “Strong Ports. Strong America.”) attempted to answer that question.

“If you’re looking at current volumes coming through, we’re definitely...

https://www.freightwaves.com/news/what-does-the-rest-of-2023-look-like-from-the-waterfront

Bad weather to delay more than 10 million holiday packages, consultancy says

More than 10 million holiday packages did not reach their destinations on Friday nor will they reach their destinations by Christmas Eve, casualties of the weather nightmare ensnaring more than half of the country, consultancy ShipMatrix Inc. said Saturday.

The bad weather, which has caused delays at parcel carriers’ East Coast and Midwest air and ground hubs, and has made driving slow and treacherous across the nation’s roads and highways, means that about 15% of deliveries scheduled for Friday...

https://www.freightwaves.com/news/bad-weather-to-delay-more-than-10-million-holiday-packages-consultancy-says

Air cargo market stuck in doldrums during normal busy season

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In the absence of a traditional peak season bounce ahead of the holiday shopping season, the best...

https://www.freightwaves.com/news/air-cargo-market-stuck-in-doldrums-during-normal-busy-season

Peak season is upon us — what’s different this year?

Peak season isn’t what it used to be.

For decades, retailers had an idea of what to expect around the holidays: a short but massive plateau in volume and supply chains that (for the most part) were expected to run smoothly.

When COVID-19 hit, it changed everything. Peak season got even longer, demand got even stronger and supply chains were thrown completely out of whack.

But even in the new normal of peak season, there will always be some nuances from year to year, and 2022 is no different.

One...

https://www.freightwaves.com/news/peak-season-is-upon-us-whats-different-this-year

Uber gets in holiday spirit with new platform upgrades

Just in time for the holidays, one of the gig economy’s titans made a list of new features — and it’s worth checking it twice.

Uber (NYSE: UBER) on Monday released a slew of upgrades to its rideshare and delivery platforms, all geared toward holiday shopping, shipping and travel. New features include a dedicated Holiday Shop on Uber Eats and revamped version of its same-day delivery service Uber Connect.

“This year, whatever the holidays look like for you and your family, Uber is here to help you...

https://www.freightwaves.com/news/uber-gets-in-holiday-spirit-with-new-platform-upgrades

Postal Service proposes increases in peak-season parcel-delivery rates

USPS vehicle

The U.S. Postal Service proposed on Wednesday a series of rate hikes on peak-season parcel-delivery services within the U.S.

The increases, which are planned to start Oct. 3 and run until Jan. 23, will fluctuate depending on parcel weight and distance traveled. For example, for the agency’s First Class Package Service, Retail Ground and Parcel Select Ground services, retail rates will increase by $5.85 per package for deliveries of parcels weighing between 26 to 70 pounds and moving more than...

https://www.freightwaves.com/news/postal-service-proposes-increases-in-peak-season-parcel-delivery-rates

UPS, Postal Service excelled during peak delivery season, consultant says

UPS Inc. and the U.S. Postal Service turned in stellar delivery performances during the peak  holiday season, while FedEx Corp. lagged, according to data published late Friday by consultancy ShipMatrix Inc.

UPS (NYSE: UPS) delivered 96.9% of all parcels within its stated commitment times throughout the peak cycle, while the Postal Service delivered 96.5% of its parcels on time, according to ShipMatrix data. FedEx (NYSE: FDX) delivered 88.2% of its parcels within its stated commitment times. The...

https://www.freightwaves.com/news/ups-postal-service-excelled-during-peak-delivery-season-consultant-says

Ocean delays turn desperate retailers to the skies, increasing emissions

Shipping delays are causing ocean to air shifts, raising emissions.

Congestion at ports in the United States as well as Asia is causing major shipping delays and leaving retailers “desperate to get their goods to physical and virtual store shelves for the holiday season,” according to Eric Kulisch, FreightWaves’ air cargo editor.

Shippers are shifting cargo from oceans to air transportation to avoid delays. But this expensive ocean-to-air shift has ripple effects, including environmental ones. Moving freight via ocean vessel is much more efficient in terms of...

https://www.freightwaves.com/news/ocean-delays-turn-desperate-retailers-to-the-skies-increasing-emissions

Will sustainability fall to the wayside this peak season?

Experts say sustainability comes second to capacity.

Port congestion, capacity constraints and fluctuating transportation prices are putting increasing stress on supply chains. As we enter peak season, these issues are unlikely to go away. 

Experts have mixed opinions about whether sustainability remains a focus during peak season stress, but they agree on one thing: Capacity is king.

As people try to navigate difficult supply chain challenges, sustainability “may not be front and center for everybody,” AxleHire founder and President Daniel...

https://www.freightwaves.com/news/will-sustainability-fall-to-the-wayside-this-peak-season

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