At a time when major shipping lines have already seized their operations into Ukraine, which has led to an impact in the western Mediterranean and the Black Sea; the ongoing Russia-Ukraine crisis has now prompted the world’s three biggest container lines — Swiss-headquartered MSC, Denmark’s Maersk, and France’s CMA CGM to announce a temporary suspension…
The Russian invasion of Ukraine has set a worldwide ripple effect in motion. Fluctuating currencies, swinging stocks, soaring energy prices – the ordeal seems long. The global supply chain crisis against which industries have been fighting hard for the last couple of years is now plagued with a fresh set of challenges. The Russia Ukraine…
With the impact of COVID-19 slowing down supply chains, are US retailers and consumers ready to handle the holiday demand and deliver on their promise to customers this Christmas. Find out how US Retailers must plan to cope with Holiday season’s demands and cater to their customers with globally slowed supply chains. Recap of pandemic…
About 1,700 dockworkers at West Coast ports have tested positive for Covid-19 in January alone, stretching capacity at the country’s busiest gateway for shipping containers. Source: Supply Chain Brain
100+ companies and associations representing the US agricultural industry are demanding a bill addressing ‘unreasonable ocean carrier practices that are undermining US export competitiveness.’ Source: The Loadstar
The busiest Californian ports of Los Angeles and Long Beach saw a recording-breaking movement of cargo in 2021 aided by a rebounding economy and rapid surge in imports supported by consumer spending. Los Angeles processed about 10.7 million TEUs of cargo containers in 2021- an impressive 13% growth over the past year. Long Beach, on…
The country’s testing rules, combined with a lack of test kits for transport workers, has skyrocketed staff shortages in container logistics, putting the sector under strain. Source: The Loadstar
Last week, the United States House of Representatives signed off on the bipartisan Ocean Shipping Reform Act of 2021 by a convincing 364-60 vote. Since then, the bill has become a talking point for supply chain stakeholders across the globe. It is a pivotal piece of legislation that will significantly impact the ocean shipping industry….
[Case study] Leading chemical distributor uses real-time visibility to mitigate port congestion Geography: Global | Module: GoTrack Automated Shipment Tracking “ The extent of the congestion crisis has reached unprecedented levels and is costing millions of dollars each day. While there seems no light at the end of the tunnel, live visibility over port delays…
Major strides were made by global representatives to accelerate the fight against greenhouse gas emissions, in the recent U.N. climate summit that was held in Glasgow. What significant impact could these pledges have on making the shipping industry sustainable? What is COP26 and why is it important? COP stands for “Conference of the parties” is…
The billion-dollar trucking industry is undeniably a vital part of America’s economy. Every good consumed by Americans, from clothes to food and everything in between, gets transported on trucks at some point- as such it accounts for 72% (or 11 billion tons) of all freight moved across the United States each year! Lately, the industry…
Learn how Amazon’s innovative supply chain strategies help it excel in fulfilling customer orders.The e-commerce giant has been able to handle supply chain crunches better than most retailers. It has done this by having a very strong inventory management system that tracks the inventory of every item in its warehouses across the country. The company…
The recent Ningbo port congestion piled up more pressure on the already strained global supply chains and affected businesses adversely, especially in the US. This article looks at everything that led to the disruption and how shippers can mitigate the impact of such events in the future. The Ningbo Port in China’s Zhejiang Province was…
A year ago, none of us could have predicted that 2020 and 2021 would push global trade into utter chaos. But what’s even more astonishing is the spirit of resilience shown by supply chains worldwide all through the pandemic. Despite facing the full force of covid-19, the industry refused to get bogged down by the…
The Every Given is sailing again. After being stuck for about six days, the mammoth ship held up about $9 billion in global trade a day and further burdened the already strained supply chains. Owing to the dredgers, tugboats, and rushing king tides, to everyone’s relief, the 20,124-TEU finally refloated after approximately 30,000 cubic meters…
In the past several decades, global trade has been a force for good. It has driven economic growth, helped millions earn a livelihood and kept the world connected through thick and thin. But all of this has also come at the cost of the environment. The International Transport Forum estimates that about 7% of global…
The covid-19 pandemic’s onset brought global supply chains’ fragilities into sharp focus and magnified the need for organisations to build resilience and agility into their systems. While the world might be gradually recovering from the Covid backset and bouncing back to normalcy, the truth is that there may not be a ‘stable state’ for global…
As more and more organisations are exploring ways to leverage advanced technology, the supply chain industry is increasingly becoming AI-driven. While artificial intelligence-based solutions have infinite uses, so are the concerns surrounding this technology. Today, enterprises can use these solutions to gain predictive capabilities and optimise their business. In this article, we discuss various aspects…
After a wild year that 2020 was, the arrival of the covid-19 vaccine, at last, got along a great deal of relief for everyone. However, the already-stretched supply chains are now up for a more significant challenge- to execute an unprecedented worldwide distribution of the vaccine. What we are witnessing today is the post-pandemic phase…
Getting competitive prices each time you ship your freight is critical to your bottom line. While traditionally you might be relying on your internal freight rate history to determine the best lanes and rates for your freight shipments, today there’s a better way. It is here that freight benchmarking or freight rate index tools step…
