article thumbnail

Tight container market creating capacity issues for shippers

Turvo

The global transportation system in 2021 is experiencing a unique and unexpected crisis. Trade routes from Asia to the US have become so lucrative that shippers don’t even wait for cargo before shipping containers back to Asia, especially when there is no cargo at the port. What happened to the containers?

article thumbnail

Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. Warehousing Capacity also hit a record in March, reaching an all-time nadir of 36.1

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to Tanker Endorsements and Bulk Drivers

TransAudit

Over the years, the capacity within the freight industry has tightened, bringing the role of the bulk freight truck driver under the spotlight. More specifically, the persistent question is, “Why don’t we have enough of them?” ” The short answer is that there is a truck driver shortage across all modes of trucking.

article thumbnail

Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of Global Transportation, and UPS, where I worked as Vice President of Supply Chain Design.

article thumbnail

Where Has All the Ocean Capacity Gone and How Will We Get It Back?

Talking Logistics

million TEUs in 2020, and the cargo capacity problem is obvious. Read more Where Has All the Ocean Capacity Gone and How Will We Get It Back? The post Where Has All the Ocean Capacity Gone and How Will We Get It Back? appeared first on Talking Logistics with Adrian Gonzalez.

article thumbnail

Breaking: Maersk and MSC Jointly Announce Discontinuance of the 2M Alliance

Supply Chain Matters

The 2M Alliance , among two other global shipping alliances were created as a means to pool carrier capacity and scheduling among major global shipping lanes, including east and westbound shipments from major Asian ports. In our recently published 2023 Predictions for Industry and Global Supply Chains.

article thumbnail

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

Ikea’s Singapore operations called it a “global transport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. Chinese tech giant Alibaba’s logistic arm Cainiao launched a container booking service last week in response to the global shortage. Limited alternative.