This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Global shipping is national news with most stories covering the symptoms. When the ball drops on Times Square to welcome in 2022, the employees at the Port of LongBeach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. meters, to accommodate ships with 20 rows of containers) and 15.2
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. And with that, I bid you adieu, and let’s move on to this week’s logistics news.
Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.
Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?
When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.
For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. This is an 80% drop year on year drop. This is an 80% drop year on year drop. When the Federal Reserve (the Fed) believes inflation is too high, they raise interest rates.
based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S.
Furthermore, this is the case not just with retailers but also wholesalers and manufacturers. Orders for automobiles are backlogged due to upstream manufacturing supply disruptions, most notably, computer chips for vehicles. Source: Descartes Datamyne. Of the 157, 95 were container ships including 62 at anchor or in drift areas.
For AGCO, a public company with over $11 billion in revenues, a supply chain risk management application helped the agricultural equipment manufacturer stay agile during COVID. One of the players in this market, Resilinc, is monitoring 105 million data sources. AGCO Stayed Nimble during the Pandemic. This data needs to be curated.
Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune.
With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactively prevent major supply chain disruption. The import dwell times at the Port of LongBeach fluctuated throughout the first half of 2021, with a high of 9 days.
There’s no doubt that the pandemic, with its harsh lockdowns and impact on economies worldwide, has played a dramatic role in the supply chain disruptions being experienced by manufacturers. Many businesses in the US, and elsewhere, were sourcing their componentry from China. Shipping challenges.
It’s time to re-think how our products are manufactured and distributed. “We were able to do this because we are a manufacturer of most of our products and this allowed us to bring in products at competitive pricing and quantities. We have essentially built out a supplier development team whose only goal is to source suppliers.
Californias role as a vital nexus for transportation, technology, and industrial machinery places manufacturing supply chains at significant risk from the ongoing wildfires. Source: Cal Fire) A Red Flag Warning zone, represented in pink, highlights areas where critical fire weather conditions are expected.
Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.
Global shipping is national news with most stories covering the symptoms. When the ball drops on Times Square to welcome in 2022, the employees at the Port of LongBeach will celebrate moving 9 M TEUs in imports: a 26% increase in year-over-year volume. meters, to accommodate ships with 20 rows of containers) and 15.2
Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?
Four industries–B2B Technology, Aerospace and Defense, Retail Apparel, and Food Manufacturing–grew inventory during the pandemic. In contrast, other sectors reached unprecedented shortages, including Semiconductors, Pharmaceuticals, Chemicals, Contract Manufacturing, and Retail Home Improvement. The reason?
Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.
Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.
Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.
Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). LongBeach ports emits only water from tailpipe (OCR). Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent.
Manufacturers know all the issues: U.S. The Port of Los Angeles is joining the Port of LongBeach in doubling operational hours to 24/7. QAD CMO Carter Lloyds recently wrote about three major industry disruptors , starting with shipping. Recommendations for Manufacturers. As one headache is eased, another pops up.
Now all major ports in the United States are currently experiencing unprecedented congestion and labor shortages, leading to product stockouts and inflation — as well as significant supply chain challenges for retailers, manufacturers and logistics providers. While some critical U.S. To learn more watch LCT in action.
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. FedEx Helps Small Businesses Streamline Shipping with fedex.com Integration Manager. Labor and management work out deal at Port of LA/LongBeach ( Logistics Management ). Mexico trade.
This is due, in large part, to the Amazon effect which has increased delivery expectations for not only domestic online shopping purchases, but for industries as a whole. Currently, LongBeach California is dealing with a record number of ships loitering outside the port, and that’s not the only place that’s getting increased traffic.
The repercussions for global trade, and shipping in particular, have also been significant. Shipping Impact from COVID-19. Shipping by sea to either the U.S. Shipping by sea to either the U.S. All this suggests that there will be a spike in the temporary closures of assembly and manufacturing facilities in mid-March.
West Coast Container Ship Backup Has Ended. In our Supply Chain Matters news capsule of September 27, we pointed out that business, supply chain and transportation media had reported this that the cost of shipping a container of goods from China to the U.S. Whereas the spot rate to ship a container from China to the U.S.
Gravity’s platform delivers capabilities across its three key verticals: Source, Order and Deliver. This product suite encompasses the end-to-end process from sourcing products and manufacturers; to placing orders through to delivery into your destination. TPM22: Let’s catch up at LongBeach!
By now our Supply Chain Matters readers have already viewed headlines of yet another COVID-19 variant induced lockdown of certain manufacturing and port facilities in China. Impacted are manufacturing clusters located in Shenzhen and Changchun city areas which have been placed on minimum one-week lockdowns as of this past weekend.
Disruptions were brought about not only by the persistent and recurring spread of Covid -19 infections globally, but also significant storms and natural disasters, a one-week blockage of one of world’s most transited shipping canals, followed by complete disarray among global shipping schedules. seen as a likely alternative.
The report goes on to state that, “ We predict that the peak of the impact of Covid-19 on global supply chains will occur in mid-March, forcing thousands of companies to throttle down or temporarily shut assembly and manufacturing plants in th e U S and Europe. ” . year-over-year drop in imports at the Port of LongBeach in February. ” .
and LongBeach, are experiencing severe congestion due to record volumes as US businesses replenish inventories that were depleted after COVID-related manufacturing shutdowns. The purchase of additional large ship-to-shore cranes at NIT terminals. Major seaports, most notably the Ports of L.A.
Many industrial manufacturers are in the process of making demand and supply plans that will determine how they will thrive (or falter) in the next few years. . But as demand and consumer purchasing behaviors continue to evolve, are planners making the right decisions to move businesses forward and maintain a competitive edge?
After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences. West Coast ports of Los Angeles and LongBeach throughout 2021.
The head of the Teamsters Canada Rail Conference in a statement accused the rail companies of manufacturing the crisis and manipulating the government to disregard worker rights along with criticizing the government for stepping in hours after the rail suspension occurred. But I want to be deferential to the process that will unfold here. ”
This way, merchants can negotiate for lower full truckload (FTL) rates when shipping smaller amounts of inventory to fulfillment centers across the country. Once a container comes off the ship (likely in the port of LA or LongBeach ), it will only have a few short hours to travel to the distribution center.
The shipping industry contributes to 25% of America’s total GDP with the Port of Los Angeles and Port of LongBeach being the busiest, handling more than 40% of all inbound cargo shipped to the U.S. A port congestion occurs when ships arrive at a port but are unable to load or unload due to an existing full port capacity.
Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” Port of Los Angeles Executive Director Gene Seroka said. This year the twin complexes at Los Angeles and LongBeach, Calif., Until now, the minimum purchase for free shipping has been $25.
Authorities at the Port of LongBeach on Friday seized 55 tons of dicumyl peroxide, a chemical used to make methamphetamine. Since the initiative was launched, it has led to the interdiction of almost 1,900 tons of chemicals used to manufacture methamphetamines and fentanyl. Immigration and Customs Enforcement (ICE) and U.S.
In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.
Generac Power Systems, the number one manufacturer of home backup generators, became an international company in a few short years and developed a global supply chain that is now prepared for the next stage of growth. It’s challenging, too, and managing through change can be difficult. Here’s how they did it.
Over 100 ships waited to unload containers in December at Los Angeles and LongBeach, the U.S. Shippers will retool supply chains and invest in much-needed technology for visibility, collaboration, and management of freight movements — such investments will help lower operational and shipping costs.
Chinese carriers are increasingly using these platforms to consolidate LTL loads, driving more effective shipping. Given China’s fragmented trucking market and heavily tolled road infrastructure, platforms introducing more cost-effective shipping should become even more popular. Image Source: Brics-Info.org.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content