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

The Supply Chain Journal

If the story of shipping’s first half were published as fiction, a critic might say: “Wildly inventive but highly implausible. There’s an unprecedented boom in shipping demand. Ships spill tens of millions of dollars’ worth of cargo into the ocean ( story here ).

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

The Supply Chain Journal

The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Typhoon In-fa is causing shipping delays in China.

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Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

GlobalTranz

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. The Uberization of Trucking Continued Another defining factor in the peak shipping season goes back to the Uberization of trucking. Meanwhile, inventory levels rose 3.6 Freight data use. Freight

Trends 142

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.

California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Hanjin Shipping recently filed for bankruptcy , and a number of its ships pulled into port last week, after a lot of delays and uncertainty. Hanjin is the world’s seventh-largest commercial shipping company, and it’s struggling to find the money to unload its ships. Since two of the re-scheduled ships docked in the twin seaports of Los Angeles and Long Beach over the weekend of September 10-11, demand has surged for vans in the L.A.

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

Logistics Viewpoints

How Shanghai’s lockdown is dampening Port of Oakland volumes. Shipping companies added capacity, but now containers are stuck in port. 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.

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. The money is intended to ease ship schedule disruptions and preserve outbound vessel space for U.S.

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.

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.

Coronavirus COVID-19 Supply Chain Update

Transplace

Cargo flows and ship calls are rebounding in China as the situation normalizes. With the estimated average ocean freight of $1000 per TEU, ocean carrier revenue loss adds up to $1.9b. to Asia export bookings, especially in markets with low container inventory.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Cargo flows and ship calls are rebounding in China.