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Smooth Sailing: US Seaports Ride High On Economic Waves, Cargo Rebounds To Prepandemic Levels

Seaports are pivotal in bolstering the U.S. economy, facilitating the seamless movement of goods to consumers, supporting the export of products to global markets and sustaining millions of jobs. The volume of goods passing through each port is tied to the demand for industrial real estate. In 2023, cargo volume rebounded to prepandemic levels, indicating a positive outlook for major U.S. seaports. Global commercial real estate firm Cushman & Wakefield examined the top 11 U.S. seaports, analyzin ....

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Qantas says freight backlog in Australia could last 2 more weeks

Qantas Freight is still scrambling to recover from an IT meltdown that has gummed up its air cargo network. The post Qantas says freight backlog in Australia could last 2 more weeks appeared first on FreightWaves. ....

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