News
Logistics Recap January 2nd – January 8th
Logistics Recap January 2nd – January 8th
Carriers start 2022 with pricing power firmly in their grasps
Tender volumes are outperforming 2021 levels by 2.35% year-over-year (y/y), which is a vast improvement from the previous two months, when tender volumes underperformed on a y/y basis. Compared to 2020 levels, tender volumes continue to run up by over 40%.
By the numbers: Biden reviews supply chain progress with task force
The Supply Chain Disruptions Task Force touted progress in relieving port congestion, stocking store shelves and boosting the workforce.
Read More Here Supply Chain Dive
U.S needs to guard exports from supply chain snarls, Biden’s envoy says
U.S. port authorities and ocean carriers, dealing with record import volumes, need to ensure that exports aren’t hindered amid the unprecedented supply chain logjams that aren’t showing clear signs of dissipating, President Joe Biden’s port envoy said.
Read More Here Supply Chain Brain
Seoul Robotics announces LiDAR enabled autonomous logistics platform
The task of transporting cars from the end of the assembly line to its final destination is currently a manual and expensive logistics problem. It includes loading and unloading of vehicles from the factory floor to trucks, ships and rail, with interim stops at parking lots. Seoul Robotics aims to change this.
Logistics Recap December 26th – January 1st
Logistics Recap December 26th – January 1st
Container shipping heads to court: Who’s suing whom?
U.S. courts were deluged with maritime cases after the financial crisis — there were a lot of debts to collect. A decade later, the docket is far less active, but even so, 2021 had its share of legal confrontations.
Chartered ships emerged in 2021 as a way to get around congestion
Home Depot, Costco and Walmart were among the businesses which leased ships to take control of their supply chains.
Read More Here Supply Chain Dive
Air cargo supply chains to remain under pressure
Air cargo industry analysts observe that as ocean peak season cools off, air peak season heats up.
McDonald’s rents cargo jets to fix french fry shortage in Japan
Third-party logistics provider Flexport has chartered three Boeing 747 freighters to rush potatoes to Japan where McDonald’s stores are experiencing a shortage of french fries because of ocean shipping delays.
Logistics Recap December 12th – December 18th
Logistics Recap December 12th –
December 18th
White House to ocean carriers: Take more ag exports … or else
The Biden administration on Friday again urged global ocean carriers to accept more export freight and restore service at underutilized West Coast ports to ease supply chain constraints and give U.S. agriculture companies a fair chance to sell their goods in overseas markets.
Port of Long Beach plans ‘Supply Chain Information Highway’ for cargo tracking, visibility
The Port of Long Beach contracted a technology firm, UNCOMN, to help it create a free cargo visibility software that gives shippers data to “track their cargo through the complete supply chain,” according to a press release.
Read More Here Supply Chain Dive
2022 Fuel Forecast contains plenty of questions for supply chain managers
Derik Andreoli, principal at Mercator International, notes that Goldman Sachs forecasts that oil prices could rise to $150 per barrel in 2022 under a full economic reopening scenario. By contrast, Deutsche Bank forecasts that prices will average just $60 per barrel.
Firms brace for extra Brexit red tape amid supply chain squeeze
Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the U.K. and European Union face another looming headache: More post-Brexit red tape.