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I seethed as the news stations celebrated supplychain success for the December holidays. Global shipping is national news with most stories covering the symptoms. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. I am worried.
There have been massive supplychain disruptions since the pandemic began. The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. China’s stringent COVID lockdown in critical port cities has impacted global supplychains.
The impact of COVID-19 has been felt all along the supplychain. For ocean shipping and import operations, this impact continues to be severe, with ramifications expected to be felt well into 2021.
Well, the Environmental Protection Agency states that this species “ was introduced into the United States in the mid-1990s, possibly stowing away in a shipping container.” Prior to this insight I thought there was no downside to the benefits brought to shipping from the standardized shipping container.
Supplychain is once again front-page news in the general business media. Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. I believe there are many reasons for the current supply shortages and supplychain disruptions.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
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. inflation rate will go down by itself, because the cause is mostly caused by supplychain issues? Inflation is Broad Based (Graph from Joseph Politano).
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.
Over these 10 years+ I have learned a lot about supplychain and logistics through conversations with end users, suppliers, and my colleagues. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supplychain platform. according to the Walmart Marketplace website.
As we head into peak season, supplychain congestion at/near the ports of Southern California is only getting worse – especially when it comes to container ship congestion.
Peter is Vice President, Journal of Commerce, the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial. the world’s largest container shipping conference, now 23 years old.
Amongst the issues faced by both businesses and consumers in 2021, supplychain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges. Five Lessons Learned Overcoming 2021’s SupplyChain Challenges.
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. The value chain supporting all industries is sick, requiring a leadership step-change.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! The reason?
hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. The average contract cost of shipping a container from China to the U.S. And now on to this week’s logistics news. Retailers in the U.S.
Companies of all sizes have been capturing the value from Global SupplyChain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. However, you may wonder what kind of practices really work.
Defining Global Trade Data, determining which supplychain processes benefit from it, and figuring out how supplychain applications integrate with and use the data aren’t always straightforward. There’s also a lot more visibility than there ever was in the past, whether you’re shipping a container or a sweater overseas.
Using Qualle’s technology, supplychains run more effectively, more efficiently, and less greenhouse gases are released into the atmosphere. After gaining vital international experience in manufacturing and transpacific shipping, he took on a variety of roles back in the U.S.
The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity. And now on to this week’s logistics news.
A few weeks ago I wrote that Little Brown Bakers, the manufacturer behind Girl Scout Cookies , is warning of unforeseen supply issues that will be impacting both manufacturing and distribution of its treats. The speed of the box’s throughput enables orders to be packaged, labeled and ready to ship in 30 minutes.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
However, in the supplychain realm, despite the rhetoric, the current use cases for generative AI are limited. At supplychain and enterprise application conferences, software companies have talked about using generative AI to create user manuals. Supplychain systems, including Infor Nexus, can be intimidating.
A recent episode of CBS’s “60 Minutes” ran a segment on some of the issues involved in the current global supplychain crisis — focusing primarily on U.S. Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. A Brief Shipping Container History.
Around this time last year, every article about the West Coast supplychain painted a dire picture. There was an armada of ships waiting to enter the Ports of L.A. and LongBeach; there was no warehouse space to be had; and trucking capacity was scarce.
I seethed as the news stations celebrated supplychain success for the December holidays. Global shipping is national news with most stories covering the symptoms. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. I am worried.
Unloading at the western ports of Los Angeles and LongBeach have been an issue for many months. Others say February… Where they all agree is that the labor union discord was the icing on the top of a broken link in the supplychain. It takes 2 to 3 days to unload a ship. The ships are getting larger.
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. 2020 was a tumultuous year for supplychains, and 2021 has certainly followed suit. Today’s article is from FourKites and examines ocean trends for 2021.
The gridlock of container ships outside the Ports of Los Angeles and LongBeach may have been the cause of a major oil spill off the coast of California, according to authorities.
Unless you’re a cargo ship, anchored and waiting.) —- Suez Canal Opens, but Shipping Will Be Snarled for Months (WSJ – sub. Read more Above the Fold: SupplyChain Logistics News (April 2, 2021). The pandemic is still with us, but we have vaccines and toilet paper, so an improvement from last year.
I worked with consultants defining a business case for cloud-based supplychain solutions and new vendors looking to use artificial intelligence to solve the problems of master data management. It was not a good week for supplychain leaders. Action: Expect the issues in the west coast Port of LongBeach to linger.
Amazon now ships more parcels than FedEx. FedEx earnings reflect labor shortage, supplychain woes. Ford, Redwood form circular supplychain for EV battery materials. In fact, Amazon has even begun shipping orders for outside customers. And now on to this week’s logistics news. billion in 2019. and $19.50
Shipping containers across the ocean to the Ports of Los Angeles and LongBeach is a big job with a big impact on your company’s supplychain. It can also come with a big price tag, especially when you’re dealing with overweight containers.
Subscribe to SupplyChain Game Changer. The Fireworks SupplyChain! Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The latest major disruption that has the entire supplychain world buzzing? The massive global shipping squeeze.
Welcome to our series where we give you the scoop on five things you may have missed in supplychain news. Between China’s re-routing many ships through the east and gulf coasts and the expedited processing of cargo at LA and LongBeach, the logjam has been eased and retail stores across the U.S.
There have been numerous articles published on this topic in various trade journals showing how almost everyone in the supplychain is being impacted by this congestion. Anticipate congestion for future peak shipping periods. Read how you can circumvent disruptions or minimize their impact on the supplychain.
SupplyChain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supplychain risk management solutions. This solution has a graphical view of the AGCO supplychain across multiple supplier tiers.
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! The reason?
” The storyline starts with a supplychain story of a shortage–semiconductors, rental cars, plastics–and ends with an easy answer. Nothing about the current state of the supplychain is easy. Supplychain leaders have the ability to drive change like never before. And, voila! 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. The value chain supporting all industries is sick, requiring a leadership step-change.
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. The value chain supporting all industries is sick, requiring a leadership step-change.
Southern California Wildfires and Windstorm Client Alert SupplyChain Risk Alert Severe wildfires and windstorms have impacted Southern California since January 7, 2025. Exiger empowers clients to assess the impact of wildfires on their supplychain through cutting-edge visualization tools that map the geolocations of their suppliers.
Subscribe to SupplyChain Game Changer. International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently.
Peak season for ocean freight shipping is underway. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supplychain. At these times of the year, you should see less risk to your standard ocean shipping strategy. Yellow: Space is getting tighter.
Anyway, I’m on borrowed time again this morning, so let’s go straight to the supplychain and logistics news that caught my attention this week: Kewill and LeanLogistics Rebrand as BluJay Solutions, Unveil World’s First Global Trade Network. Maersk and IBM Unveil First Industry-Wide Cross-Border SupplyChain Solution on Blockchain.
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