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Port of Los Angeles Sets All-Time Cargo Record as Imports Surge

13 October 2026 at 21:26
The Port of Los Angeles handled a record 1,042,652 twenty-foot equivalent units (TEUs) in September, marking the busiest month in its 118-year history as strong consumer demand and shifting global...

U.S. Container Imports Slow After Stronger-Than-Expected Summer

8 October 2026 at 19:03
U.S. container imports are finally beginning to slow after an unusually long peak shipping season that stretched through the summer and into early fall, according to the latest Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates. The slowdown comes after months of stronger-than-expected cargo volumes at major U.S. ports, as retailers continued bringing in merchandise despite tariffs, inflation and higher transportation costs. Ports covered by Global Port Tracker handled 2.3 million twenty-foot equivalent units (TEUs) in August, up 0.4% from July but down 0.7% from a year earlier. August now appears to have been the busiest month of 2026, marking a shift from last month’s forecast that September would take the top spot. “Even with any fluctuations in final data, we’re likely past the busiest part of the year,” said Jonathan Gold, NRF vice president for supply chain and customs policy. “The truth is that the peak season started early and was stretched out through the summer and early fall, with the difference from month to month often amounting to little more than a rounding error,” Gold said. The latest forecast puts September imports at 2.28 million TEUs, down from the 2.31 million TEUs projected a month ago. October is expected to ease further to 2.25 million TEUs before volumes fall to 2 million TEUs in November. Despite the expected slowdown, imports are still running well ahead of last year in some months. September volumes are forecast to rise 8.2% year over year, followed by an 8.5% increase in October. The revised outlook follows a peak season that has repeatedly defied expectations. Retailers moved merchandise into the country earlier this year to get ahead of tariff changes and supply chain uncertainty, initially raising expectations that imports would peak early and decline through the summer. Instead, volumes remained elevated, with shipping delays and resilient consumer demand helping extend the traditional peak season. The strength has been evident at individual ports. The Port of Los Angeles recorded its busiest three-month stretch on record during June, July and August, while the Port of Savannah reported a record September earlier this week, handling 504,015 TEUs, up 3.7% from a year earlier. Hackett Associates founder Ben Hackett said the economic outlook remains mixed, with consumers continuing to spend despite signs of weakening confidence. “Despite this, consumers appear to remain confident and cautious at the same time, with consumer confidence indexes sliding to multi-year lows while consumer spending continues to be robust in the face of increasing inflation,” Hackett said. For the full year, Global Port Tracker now expects imports at major U.S. container ports to reach 25.8 million TEUs, up 1.4% from 25.4 million TEUs in 2025. That is slightly above last month’s forecast of 25.7 million TEUs. Looking ahead, January 2027 imports are forecast at 2.07 million TEUs, down 1.9% year over year, followed by 1.92 million TEUs in February, up 1%. For retailers, the extended shipping season means much of the merchandise needed for the holidays is already in the country, reducing the need for another major import surge before year-end. “Most holiday merchandise has arrived, and the remainder of the year is just a matter of last-minute replenishment and preparation for early 2027,” Gold said.

Port of Savannah Sets September Container Record as Imports Rise

7 October 2026 at 16:27
The Port of Savannah handled a record 504,015 twenty-foot equivalent units in September, up 3.7% from a year earlier as strong imports and a later-than-usual peak season boosted volumes.

Asia can’t just pipeline its way around Hormuz

30 September 2026 at 08:39

When governments talk about reducing dependence on the Strait of Hormuz, the discussion usually turns to pipelines in Saudi Arabia and the United Arab Emirates. For Asian importers, that is only part of the story. The physical bottleneck is in the Persian Gulf, but much of the economic exposure sits thousands of kilometers to the […]

The post Asia can’t just pipeline its way around Hormuz appeared first on Asia Times.

EU Parliament approves sweeping customs reform targeting e-commerce imports

Trade Commissioner Maroš Šefčovič and MEP Dirk Gotink (EPP, Netherlands) Photographer: Mathieu Cugnot © European Union

The European Parliament has approved a major overhaul of the EU’s customs system, tightening requirements on e-commerce platforms, introducing a new handling fee for goods ordered from outside the bloc and creating a central EU customs authority.

“This is the biggest reform of European customs since 1968, supporting trade and the enforcement of EU rules,” said MEP Dirk Gotink, (EPP, Netherlands) who steered the legislation through Parliament. Gotink said European customs authorities had been overwhelmed by a “tsunami of Chinese parcels” and that the reform would give customs officers stronger tools to enforce EU standards.

Under the new rules, e-commerce platforms and sellers shipping goods directly from non-EU countries to European consumers will be treated as importers. That will make them responsible for providing customs data, handling applicable charges and ensuring products comply with EU law.

The reform also introduces an EU-wide handling fee on goods ordered directly from non-EU countries, with member states required to begin collecting it no later than 1 November, 2026. The European Commission will determine the amount and review it every two years.

Companies that repeatedly breach EU customs rules could face fines ranging from at least 1% to as much as 6% of the value of goods they imported into the EU during the previous 12 months.

The overhaul will also establish an EU Customs Data Hub, designed to replace at least 111 existing customs IT systems. A new EU Customs Authority, based in Lille, France, will manage the hub and coordinate customs cooperation and risk management across the EU.

The Council has already given the reform its final formal approval, making Parliament’s vote the final step in the legislative procedure.

Pakistan to sign long-delayed refinery deals unlocking more than $6 billion in planned upgrades

2 September 2026 at 07:20

ISLAMABAD: Pakistan is set to sign long-delayed agreements with five oil refineries, unlocking more than $6 billion in planned upgrades to modernize aging plants and cut reliance on fuel imports, officials said. But industry warnings that changes to the financial framework could derail the projects overshadowed the announcement. The agreements with Pak-Arab Refinery Ltd., Pakistan ... Read more

The post Pakistan to sign long-delayed refinery deals unlocking more than $6 billion in planned upgrades appeared first on BOL News.

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