News

Logistics Recap December 5th – December 11th

Logistics Recap December 5th –

December 11th

Historic lows in ocean carrier reliability leave shippers looking for alternatives

Global schedule reliability reached an all-time low in September 2021 at 33.6%. October marked a slight improvement in comparison, but remained significantly lower than past years.

Read More Here Supply Chain Dive

 

Port crisis could alter logistics landscape forever

Much has been written about thebacklog of container ships off the U.S. West Coast, but even when that situation eases, the supply chain bottleneck that it created will still be felt well into next year.

Read More Here Freightwaves

 

House passes first U.S ocean shipping-law revamp in two decades

The House passed legislation Wednesday that provides the first major update of U.S. international ocean-shipping laws in more than two decades as the nation grapples with bottlenecks at its ports that are crimping supply chains.

Read More Here Supply Chain Brain

Supply chain stakeholders offer incentives to keep trucks moving through San Pedro bay ports

Government and supply chain stakeholders are offering multiple incentives for trucking companies operating at the congested West Coast ports.

Read More Here Supply Chain Dive

FMC Commissioner Bentzel’s grade on U.S logistics system: D-plus

The current supply chain crisis will be the subject of a series of hearings led by Federal Maritime Commissioner Carl Bentzel beginning on Tuesday when the FMC will begin laying the framework.

Read More Here Freightwaves

Logistics Recap November 28th – December 3rd

Logistics Recap

November 28th – December 3rd

Low consumer confidence in supply chains promts early holiday shopping

Bright Data recently released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday.

Read More Here SCMR

 

Relief from China tariffs unlikely as phase 1 deadline looms 

For supply chains reliant on imports from China, tariffs are at least a medium-term reality, if not a long-term one.

Read More Here Supply Chain Dive

 

Vancouver port trucker strike averted as union reaches deal with 2nd carrier

A strike by container truckers at a carrier serving the Port of Vancouver has been averted after their union reached a last-minute agreement with their company on Thursday. 

Read More Here Freightwaves

NFTs are coming to a supply chain near you

… NFTs are finding a new home: the supply chain. No, supply chain operators have not suddenly become art collectors –– blockchain is nothing new to the supply chain, with companies like Maersk (OCTUS: AMKBY) and Amazon (NASDAQ: AMZN) having used it to track the movement of their products for years. But NFTs are opening up the technology to an entirely new set of uses.

Read More Here Freightwaves

Logistics Recap November 21st – November 27th

Logistics Recap

November 21st – November 27th

FMC looks at data sharing, constraints to help global cargo flows

The Federal Maritime Commission launched a new initiative to examine shipping data and determine existing constraints to help the flow of cargo through the international supply chain …

Read More Here Supply Chain Dive

 

Seattle port operator tackles congestion with new container storage fee

SSA Marine has notified importers at its Seattle port facilities that it will introduce an additional storage charge on Wednesday for containers lingering longer than five days in an effort to clear space so stevedores can better service vessels and reduce cargo delays.

Read More Here Freightwaves

 

Containers waited a record 7.6 daxxs at L.A ports in October

The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles and Long Beach climbed to a record in October, just before officials announced a new plan to clamp down on the backlog in collections.

Read More Here Supply Chain Brain

Shippers weigh contract strategy amid rate turbulence

Shippers are being forced to rethink how they approach contract negotiations with carriers in the midst of an overheated market while wondering when rates may return to normal levels.

Read More Here JOC