Loose Southern California truck market set to get looser

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Transportation companies in ports cities for “air jeep”

The rate of tender in Los Angeles is only 2 % compared to the rate of national tender rejection of 5.4 %. (Graph: Sonar)

Importing volume remained strong in April, and shipping waves were described, as imports increased by 1.2 % of March and 9.1 % on an annual basis. To move forward, it appears that the significant decrease in imports is imminent with questions that are the severity and duration-and at the end of the end if this will lead to stocks and the need to transfer the surface of more speed. (Can Truck recover some shares of bars?) Some ports expect the size in the coming weeks anywhere from 20 % to 35 %, which seems reasonable on the basis of data in Sonar. It is possible that the commercial and intermodal are among the first affected situations. Los Angeles is a shipping market to see because it is close to the sailing of China and the position as the largest ports complex. This market was unusually soft with the current external bidding rate of only 2 %; Decreased imports can exacerbate the looseness in the market. Positive is that some transport companies call it a “air jeep”, which means that the demand will return to appear once you reach commercial deals and/or the stocks are depleted.

The intermediate is still a strong suggestion for the two trucks

The size of local containers over the external containers of La (White) outperforms the size of La long -term truck tenders from La. (Graph: Sonar)

On Thursday afternoon, the local multi -media carrier group gathered comments adding a context to a number of trends we see in the sonar data. First, the rate of spreading the rate between the multimedia load is still wide according to historical standards – about 30 % currently. I usually think about a historical spread closer to 15 %. HUB was also free to serve the railway of both its western rail partner (Union Pacific) and an Eastern Railways partner (Norfolk Southern). Relative rates and service levels, along with the clouds that reduce time sensitivity, explain why the container’s size exceeds containers in Sonar. The domestic multimedia capacity is abundant, as it was measured by the availability of containers. HUB says it has 20 % -25 % of its containers stacked and can deal with an additional 35 % volume before having to spend the capital to additional containers. The coming weeks will appear a decrease in the size of the equivalent of media as a result of the air pocket from imports, but the proposal of the multi -truck value must remain strong.

The Airfresseight market is normalized after e -commerce renewal

(Sonar: Daiir.pvglax)

Since the beginning of Covid, the air freight market has passed during a five -year period when the rates were high to date – and their height throughout the year, not only during peak seasons. This was partially linked to the trade travel that never recovered. The heavy corridors of business correspond to the area of the belly of the required air merchandise more than the personal travel corridors.

In addition, the volume of e -commerce exploded with Chinese construction points that have also qualified to exempt minimal in recent years. This bubble appears to have exploded completely. As of Friday, the minimum exemption has been eliminated. Now, do not face Chinese parcels that were not facing any tariff if they are directed to individuals and a value of less than $ 800 instead on the 145 % foundation tariff in addition to a tariff for the product. Meanwhile, postal elements are now facing a 120 % foundation tariff or fixed fees worth $ 100 per element (which rises to $ 200 on June 1). Although the 145 % foundation tariff may end as a 80 % tariff – or a number of others.

The Chinese e -commerce platform TEMU expected the end of the de minimis exemption and is working to transform its business model during the past year. It is now only to sell the elements that remain in the US depots. It is likely that warehouse items are likely to move across the ocean. The fast fashion seller Shane, who has also benefited from minimal exemption, has been said to be delayed by plans to subscribe to the London Stock Exchange, given the uncertainty in the customs tariff.

Show inventory this week

(Photo: FWTV)

On Monday, I and Grace Sharkey discussed Ocean and Airferight markets and interviewed with Walyy Jones, co -founder and CEO of Doss.

The presentation passed by the last Sharkey article, which highlights the reactions of the administration teams to the trade war. Due to its connection to the CPG and retail industry specifically, what was characterized by many of these companies’ desire to bear the pressure of the margin instead of rushing to raise prices. This contrasts with the behavior of CPG companies in the years after the start of Covid when the increases in prices were frequent and very slope. Several CPG companies say their direct exposure to definitions is limited – most CPG elements are produced locally, and many components are obtained locally. But there is a common concern among the management teams that the definitions will contribute to the total inflation rates, which will lead to more trading and sales shots for estimated elements.
Monday show is available on YouTube Storage.