Container shipping’s stranger-than-fiction first half of 2021

The Supply Chain Journal

Freight rates resume their ascent in the wake of Ever Given-related disruptions to supply chains. A “tsunami of freight” is en route ( story here ). Freight rates rise rapidly and keep climbing, limited only by the profit margins of importers ( story here ).

Webinar Q&A: Answers to 8 Common Freight Market Questions

CH Robinson Logistics

webinar, we provided an in-depth analysis of current supply and demand trends in the North American freight market. The strong economic recovery and need to rebuild retail inventory creates high out-of-season demand in port cities. Once sales rebalance, will inventory follow?

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California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. October is a critical month for retail freight in advance of the Christmas season, and retailers want to prevent stock-outs while they wait for Asian imports to clear through congested docks and warehouses on the West Coast.

This Week in Logistics News (July 16 – 22)

Logistics Viewpoints

Körber acquires enVista’s omni-channel and global freight audit and payment services. Trucker protests shut down Port of Oakland terminals. The future is here. Literally. And I’m not talking about the future of home delivery with drones or robots (more on that later).

This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

How Shanghai’s lockdown is dampening Port of Oakland volumes. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. One of the issues with electric cars thus far has been the life of the battery.

Tender rejections moving atypically prior to holiday

The Supply Chain Journal

As we head into an extended weekend, many of the typical pre-holiday freight trends are playing out. The movements can be attributed to shippers both pulling freight forward before the holiday (and end of the month), and pushing lead times out for other shipments to after the weekend.

This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

Amazon announces new changes to inventory limits. USDA funding supports Port of Oakland pop-up container yard. Bank of America sounding the alarm on collapsing freight demand. Trucking demand is “near freight recession levels,” according to Bank of America.

Relative reefer capacity at loosest point since mid-September

The Supply Chain Journal

Only amid the last-minute freight rush in the weeks leading up to Christmas 2020 was OTVI ever higher. As I wrote last week, we saw typical freight activity in the days leading up to the holiday, as tender lead times expanded and tender volumes rose.

Food Supply Chains look to Buck Out-Of-Stocks, Black Friday Prep Begins, Fuel Costs Wane

Intelligent Audit

AB5 Protests Crush Oakland Port Operations. According to a new article by Linn’s Stamp News , manual freight accounting may become a few cents more expensive as of this fall. As the dog days of summer continue, U.S.

Brace for impact: Data shows US import demand still rising

The Supply Chain Journal

The Institute for Supply Management (ISM) Customers Inventories Index, released Monday, dropped to 28.4 The Census Bureau’s retail inventory-to-sales ratio in February was down to 1.23, 18% below the March 2019 number and the second lowest ratio ever (after this January’s).

Brace for impact: Data shows US import demand still rising

The Supply Chain Journal

The Institute for Supply Management (ISM) Customers Inventories Index, released Monday, dropped to 28.4 The Census Bureau’s retail inventory-to-sales ratio in February was down to 1.23, 18% below the March 2019 number and the second lowest ratio ever (after this January’s).

Importers lost their pricing power. How should they adapt?

The Supply Chain Journal

Before joining Sea-Intelligence in December, Gutschmidt worked on both sides of the fence: bringing ocean carrier knowledge to the table from his years as a Maersk executive and shipper insight from his time as global head of freight at Nestle. The urge to upsize inventories.

Are you shipping me?!? $32,000 container move from China to LA

The Supply Chain Journal

Vessel operators have no extra ships to meet a tidal wave of freight demand, containers are in short supply or can’t get quickly repositioned where needed, and destination ports are piling up with boxes because they can’t keep up with the volume.

Coronavirus COVID-19 Supply Chain Update

Transplace

With the estimated average ocean freight of $1000 per TEU, ocean carrier revenue loss adds up to $1.9b. Los Angeles, Long Beach and Oakland have severe port congestion due to a lack of space for empty containers that are awaiting backhaul vessels to China and Asia.

Seasonality pushing rejections and rates higher ahead of the Fourth

The Supply Chain Journal

So, the total accepted freight tenders in mid-June is comparable to the peakiest of peak seasons in 2020. The move higher in OTVI this week has been driven primarily by higher rejection rates, rather than higher freight demand.

Seeing Supply Chain Visibility through Different Lenses

Bristlecone

However, I did like the unique tiles and the expert design assistance offered by the first retailer and thought through what could have been an ideal customer experience for me: The tile retailer having the ability to look up the current inventory of the distributor online.

Letter from the CEO: Coronavirus Market Update

Transplace

Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Los Angeles / Long Beach and Oakland have severe congestion due to lack of space for empty containers that are awaiting backhaul vessels to China / Asia.

Airport Terminals

Abivin

Airports: Reaching the World, Having Local Effects Because of globalization, the number of air passengers and air freight has grown quickly. People also affect freight traffic because they buy goods that are shipped by air cargo. An airport is a place where planes can land and take off.