Hackett Associates News & Resources
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Talking Supply Chain: Achieving cost savings through better procurement
May 9, 2024
A recent survey from Boston Consulting Group found that 65% of executives are prioritizing supply chain and manufacturing costs as the biggest levels for organizations to pull for cost savings. Boston Consulting Group’s Laura Juliano weighs in on how procurement can help.
Port Tracker report is bullish on import growth over the balance of 2024
May 8, 2024
For March, the most recent month for which data is available, Port Tracker reported that import volume, for the ports covered in the report, came in at 1.93 million Twenty-Foot Equivalent Units (TEU), down 1.4% compared to February and up 18.7% annually, a period when Asian export activity was slow on the heels of Lunar New Year shutdowns, it noted. Â Â
U.S.-bound import growth track remains promising, notes Port Tracker report
April 9, 2024
Amid various supply chain issues, United States retail container ports are expected to see imports top the 2-million mark in May for the first time since October, according to the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Three major heavy truck manufacturers form PACT to jolt electrification push
February 14, 2024
There’s safety in numbers and in cooperation. That’s what three major worldwide heavy truck manufacturers seem to be saying in getting ready for vehicle electrification. Original equipment manufacturers (OEMs) Volvo Trucks North America, Navistar and Daimler Truck North America are trying to reduce transportation's carbon footprint by taking a collective approach.
Shippers look at alternatives amid Red Sea Crisis
January 16, 2024
Major U.S. container ports are entering a period of historically low cargo volumes as the holiday season winds down. However, attacks on cargo ships in the Red Sea and continued delays at the Panama Canal may shake up this year’s usual winter lull.
While volumes are down, August growth is in the cards, reports Port Tracker
August 9, 2023
For June, the most recent month for which data is available, Port Tracker reported that import volumes, for the ports covered in the report, came in at 1.83 million TEU (Twenty-Foot Equivalent Units), marking a 5.2% gain decrease compared to May and an 18.7% annual decline. For the first half of 2023, total imports came in at 10.5 million TEU, down 22% compared to the same period a year ago.
New Port Tracker report signals more U.S.-bound import declines over the rest of 2023
June 8, 2023
For April, the most recent month for which data is available, Port Tracker observed that import volumes, for the ports covered in the report, came in at 1.78 million TEU (Twenty-Foot Equivalent Units), which marked a 9.6% gain over March’s 1.62 million TEU— the lowest volume in a month going back to May 2020’s 1.53 million TEU, when several Asian-based factories and U.S.-based stores were closed because of the pandemic—and a 21.3% annual decline.
U.S.-bound import declines remain intact, reports Port Tracker
May 8, 2023
For March, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.62 million TEU (Twenty-Foot Equivalent Units), marking a 5% gain over February—which saw its lowest volume in a month going back to May 2020’s 1.53 million TEU, when several Asian-based factories and U.S.-based stores were closed because of the pandemic—while posting a 30.6% annual decline. This tally trailed a previous March estimate, of 1.68...
Port Tracker report points to an eventual slow pickup in import volumes
March 8, 2023
For January, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.81 million TEU (Twenty-Foot Equivalent Units), for a 4.4% increase compared to December and a 16.5% annual decrease.