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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

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Retail giants crush the rush with charters, air freight

Resilinc

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

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When Variability Is Our Only Constant

Supply Chain Shaman

The Normalcy Index calculated weekly by the Economist projects that North America is 67% of the way back to normalcy from COVID, but globally, it is lower at 50% with many flare-ups. Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. The impact was multi-faceted.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Accenture ).

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode. Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. Because of this, they are predicting rates will skyrocket for Ocean and Air.

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Chinese Lockdowns and the Future of Supply Chains

Enterra Insights

… Authorities have now imposed restrictions on Beijing, while the central Chinese city of Zhengzhou, a gateway for air freight, also limited the movement of people in May.” On average, global container shipping rates have more than quadrupled since 2019, and schedule delays have risen. ”[4]. Footnotes. [1]

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Customer Advisory on Hurricane Harvey

TMC

As suspected, the storm is also having a significant impact on supply chains across North America. Embargoes have been enacted and may impact your freight. Operations for freight cargo will remain closed until further notice. Our thoughts are with the thousands of people who have been impacted by this crisis situation.