
Container bookings and prices surge
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
The Association of American Railroads (AAR) publishes monthly freight indices and carload volumes which are a good barometer of economic activity. Canadian carriers CN and CP participate in this reporting, so aluminum imports from Canada are embedded in these numbers.
April's survey paints a picture of a market holding steady, but it's far from smooth sailing.
Challenges to Both Importers and Exporters