OceanWaves: What does congestion really mean for global trade?
“If I’m optimistic, you’re looking six months into the future” before congestion and capacity challenges start to subside, says Vespucci Maritime CEO Lars Jensen.
“If I’m optimistic, you’re looking six months into the future” before congestion and capacity challenges start to subside, says Vespucci Maritime CEO Lars Jensen.
As more Americans begin their holiday shopping earlier than ever, port backups and worker shortages could leave shoppers disappointed and brands with excess inventory in January.
The chaos in the supply chain has ripple effects down to the last mile. AxleHire Founder Daniel Sokolovsky is responsible for ensuring his company can meet those last-mile delivery demands.
There are two ways to transport goods overseas: ocean or air. Port congestion and shipping delays are forcing companies to shift to faster air transport, which releases more emissions, costs more per unit and has its own capacity constraints.
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
High-tech manufacturer Enovix is not outsourcing production to Asia, unlike many predecessors. Its assembly line arrived in California on a giant plane.
Trans-Pacific traffic snarl is bicoastal: More container ships waiting off Shanghai and Ningbo than Southern California.
FMCSA Deputy Administrator Meera Joshi was told during the hearing on her nomination to become administrator that truck crash trends underscore the need for agency action.
Southern California ports would need two weeks with zero vessel arrivals to clear logjam — but the ships keep coming.
Supply chain crisis deepens as more imports snared in historic ship queue off Los Angeles/Long Beach.
Ocean carrier detention and demurrage practices will be the target of an upcoming proposed rule from the Federal Maritime Commission.
The Department of Transportation seeks “practical solutions” from the freight industry to alleviate container shortages and supply chain chokepoints.
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
The maritime meeting among trade partners comes as container shipping remains hot.
The White House is trying to unleash the domestic economy by removing supply chain shackles.
The stress levels of logistics managers and supply chain managers are at all high-time highs — and for good reason.
It costs $1.2 million to charter a cargo jet from Vietnam as air exports slow because of the government’s response to a wave of COVID infections.
Queue of container ships off U.S. ports keeps building, with months’ worth of peak-season cargo still to unload.
The Port of Ningbo is in a partial lockdown, putting immense pressure on an ocean transportation system squeezed to the maximum. It’s a replay of the Yantian port slowdown earlier this summer.
GCCA’s Lowell Randel explains how industry and government can fix driver shortages, port congestion and cyber threats.