260 containers lost, 65 damaged in Maersk Eindhoven at-sea mishap
More than 2,900 containers have gone overboard just since the end of November.
More than 2,900 containers have gone overboard just since the end of November.
“We have really a perfect storm of demand that’s surging like there’s no tomorrow, everybody needing to get the boxes back, COVID-related restrictions,” says Hapag-Lloyd CEO Rolf Habben Jansen.
Using domestic reloads and street turns are among Blume Global’s strategies to reduce empty miles and emissions.
Peloton is riding a wave for the history books right now. It has grown revenues by triple digits year-over-year for three consecutive quarters while building one of the most recognizable brands in not just fitness, but all consumer segments. If it should continue this meteoric rise, it must sort its supply chain issues before either the vaccines or competition prematurely puts out its flame.
“If we do nothing, we will still have vessels at anchor come midsummer,” says Port of LA Executive Director Gene Seroka.
The Federal Maritime Commission is stepping up oversight of charges imposed on trucking companies and U.S. exporters by containership companies.
Here’s a helicopter view courtesy of U.S. Coast Guard of container-ship armada off Los Angeles and Long Beach (WITH VIDEO).
Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.
Due to shipping snarl and container congestions, delays in retail inventories will be felt from Christmas through Easter.
Demand for its products skyrocketed, but port congestion and freight capacity constraints have prevented their delivery, and now Peloton is spending $100 million to try and fix its supply chain.
“ZEBOX will assist innovative startups in developing new technologies in transportation, logistics, mobilities and industry 4.0,” says CMA CGM CEO Rodolphe Saadé.
The discharging of damaged containers continues nearly two months after the storm-battered ONE Apus arrived in Japan.
Port of Long Beach Executive Director Mario Cordero delivers a melodious annual report.
The twin ports of Los Angeles and Long Beach have been infected with COVID-19 — with at least 700 positive test results from port employees.
California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.
FMC commissioners appeal to President Joe Biden to immediately vaccinate the maritime workforce.
Two FreightWaves SONAR charts illustrate Union Pacific’s views of the West Coast intermodal spot market.
“Not only are we at the height of the Christmas season, but we’re at the height of the Y2K concern as well. Importers and major trading houses are trying to move their goods now to beat any chance of problems with the changeover to the new millennium.”
Nearly 700 dockworkers in California have COVID. Hundreds more are out due to quarantines. Pleas for fast-track vaccinations intensify.
FreightWaves identifies importers who use the Asia-West Coast service.