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When it Comes to Ocean Shipping, We Have to See Beyond Today’s Squalls and Plan for the Long Term

Logistics Viewpoints

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.

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One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)

Logistics Viewpoints

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.

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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

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 Long Beach fluctuated throughout the first half of 2021, with a high of 9 days.

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“Why Do I have to Wait?” Supply Chain Disruption Gets Its Day

Logistics Viewpoints

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.

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How Global Pandemics Impact Shipping

Intelligent Audit

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.

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Starting 2022 Right!

Gravity Supply Chain

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 Long Beach!

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Real-Time Visibility: The Key to Navigating Port Congestion

BlueYonder

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.