A Message from Our CEO
To our customers,
With the new year upon us, we step into 2024 with confidence and are eager to explore what’s in store. We’ve released our 2024 Trend Guide, filled with industry insights and our predictions for the future of foodservice, retail, and the restaurant industry. Click here to download the Guide.
As anticipated, container import volumes are gradually declining from their peak during the summer. Overall, 2023 surpassed expectations, with import volumes exceeding pre-pandemic averages, fueled by robust consumer spending. We anticipate continued healthy import levels as we enter the new year.
An unexpected increase in rainfall has allowed the Panama Canal Authority to increase daily vessel passings from 20 to 24 ships beginning in January. The increased crossings should decrease congestion and allow for fewer transit delays.
Ongoing tensions in the Middle East continue to affect cargo moving through the area. Ocean carriers are now choosing to avoid the Suez Canal as the Houthi rebel group from Yemen is targeting all ships and not only Israeli-flagged vessels. Rerouting around the Suez Canal will likely result in longer transit times and is expected to cause globalized delays.
As we navigate these challenges, we are constantly working to ensure the highest level of service and support for our valued customers. We look forward to continuing our partnership, and we are excited to strive for our mutual success in 2024.
To stay abreast of the most up-to-date and in-depth details regarding the supply chain, freight, and crop updates, please read our Market Updates provided below.
CEO of Roland Foods