While the global logistics industry has not been a stranger to disruption this past year, the congestion at the Port of Yantian in China, is starting to impact the market at an exceptionally high level – At the current pace, it’s going to be even more disruptive than the Suez Canal blockage this spring and [...]
The Ever Given vessel is floating, but the ship is not out of hot water. In fact, Egyptian authorities said it will remain in the Suez Canal until they are compensated by the vessel owners for the damage, labor, and disruption caused. Although the cargo on the Ever Given is still at a standstill, other [...]
Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. Compared to the 1,382 containers on average lost per year between 2008-2019 as reported by The World Shipping Council, that’s a big jump. What’s the reason for it? As you may have expected, there’s not a simple, [...]
Global transportation—like many industries—has faced unparalleled disruptions over the past year. Now, as we head into 2021, there are new and different challenges added to the mix.
Weekly meal planning is a recurring event in our household. Although this activity is not particularly exciting, every Saturday my wife and I sit down to plan out our family meals. This process helps us avoid the mid-week supermarket scramble, as well as sidestep overspending on items we don’t actually need. Sound familiar? Supply chain [...]
Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. From transit uncertainty, consolidation of service providers, trade war complexity,
From small businesses to large corporations, many are navigating the complex world of importing personal protective equipment (PPE) for employees, family members, and customers as businesses reopen across the globe.
The latest revision of International Maritime Organization (IMO) regulations, known as IMO 2020, calls for cutting emissions of sulphur oxide (SOx) from ocean vessels to less than 0.50% m/m. This bold initiative, which goes into effect on January 1, 2020, will help reduce the environmental impact of the international shipping industry.
Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Typically, holiday peak season volumes ramped up in July, with August and September being the busiest months, and volumes tapered off in October.
There’s no doubt that globalization has resulted in more complex and expansive supply chains. But at the same time, today’s customers also want to get their orders faster, so businesses must be more responsive. Staying ahead, then, often seems to mean balancing those two dueling demands. And among different global shipping options like air, ocean [...]