❌

Reading view

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

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.
  •  

How Yemen’s renewed civil war could set the whole region ablaze

The Middle East has seen many explosions of violence in recent years. But while the US-Iran war has grabbed the headlines this year, the rapidly escalating conflict between the Houthis and Yemen’s internationally recognized government and Saudi Arabia risks becoming just as consequential for the region. The complexity of Yemen’s internal conflict cannot be underestimated. […]

The post How Yemen’s renewed civil war could set the whole region ablaze appeared first on Asia Times.

  •  

How geopolitical tensions tainted the 2026 Asian Games

The 2026 Asian Games in Japan drew to a close on October 4 following two weeks of competition between 45 countries and territories across 43 sports. Despite the official slogan “Imagine One Asia,” fragmented regional politics came to the fore as the event unfolded. Just days before the games officially began, tensions between Japan and […]

The post How geopolitical tensions tainted the 2026 Asian Games appeared first on Asia Times.

  •  

The China factor behind the Iran war

The war between the United States and Iran is no longer just a confrontation between Washington and Tehran. A second contest is taking shape alongside and behind it. China is not fighting the United States directly, but its economic, technological and diplomatic links to Iran are complicating Washington’s strategy and ability to win the conflict. […]

The post The China factor behind the Iran war appeared first on Asia Times.

  •  

How Greek Engineers Quarried an Entire Coastline to Build a Warship Harbor 2,600 Years Ago— Now Underwater in Libya

Cyrene was one of the wealthiest Greek cities in the ancient Mediterranean, built on a plateau some 9 km (about 6 miles) inland from Libya’s northeastern coast, on what is now known as Jebel Akhdar. According to Herodotus, it was founded in 631 BCE by colonists from the Greek island of Thera — modern-day Santorini. […]

  •  

Keep Calm: The State and Responsibility for the Future

Not to be disheartened by adversity or elated by happiness—
that is the mark of a strong spirit and a mighty power.

Niccolò Machiavelli

 

Should we expect the future to be worse than before? As trivial as this might sound, it all depends on us. No matter how complex and confused, the international environment can be apprehended and adjusted, as well as managed. All the elements forming today’s global palette are obvious, and they existed before. Today, they have manifested themselves in a new quality (with greater intensity) and in a different sequence with everything happening all at once.

The accumulated experience must be treated as a guideline rather than a dogma, including negative experiences, which teach us what we should not do. The last three decades have been a case in point. There can be different ways of evaluating the intentions of those who shaped history in late 20th century, but the results that are visible today demonstrate that this stage in the development of international relations cannot and should not be replicated.

Instead of crowning global political development, this era was marked by the post-WWII model falling into crisis. In itself, this is not a tragedy since no system has ever been nor will be set in stone. Even the most outstanding projects have a limited lifespan.

Will the future be better for those living in today’s world compared to those who preceded them? Not necessarily. After all, future is always a set of probabilities that come to fruition to various degrees. There are specific patterns defining the way developments unfold, but it all depends on how responsible we are in our approach.

The expectation that the “end of history” would address all the challenges and lead us towards a brighter future for the so-called “last man” failed to materialise, which was to be expected.

If becoming the last man is not what people really want, they should realise that charting the future is not the apanage of neither natural forces, nor social development patterns, nor sophisticated robots, nor AI. It is in their hands. Taking responsibility for the future is not a slogan but a behavioural imperative. Over the course of history, humankind has invented so many effective ways of destroying itself ranging from physical annihilation to moral destruction. These are the fruits of progress too. We do not need a future that would be better than the past. We need a future that will not be worse. Overall, having a future is what matters the most.

Authors: Oleg Barabanov, Anton Bespalov, Timofei Bordachev, Fyodor Lukyanov, Andrey Sushentsov, Ivan Timofeev.

You can download the report here.

Valdai Discussion Club

  •  
❌