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Tight container market creating capacity issues for shippers

Turvo

What’s in this article : A crisis that is affecting the world economy – record-high shipping rates. A problem also linked to shipping companies. Record-high shipping rates are affecting the world economy. The global transportation system in 2021 is experiencing a unique and unexpected crisis.

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

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. Global Shipping. Shipping Transit Timeliness. The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The shortage is further exacerbated by limited air freight capacity. KEY POINTS.

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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.

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

Supply Chain Matters

Supply Chain Matters highlights a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams. In our recently published 2023 Predictions for Industry and Global Supply Chains.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

In this update, we focus on our fifth prediction which is focused on global transportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences.

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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.