Singapore remains the world’s busiest transhipment port
The Port of Singapore maintained its position as the world’s busiest transhipment port in 2021, with record-high container traffic of 37.5 million TEU. Source: Container News
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Dalian, the latest China port to be hit by Covid
Dalian is the latest port city in China to detect the Omicron variant. As a result, forwarders have warned of more shipping delays in the countdown to the Chinese New Year. Source: The Loadstar
UK road freight rates soar to record levels
With the twin challenges of Brexit and the pandemic continuing to affect driver availability, UK road freight rates have hit their highest level in three years. Source: The Loadstar
LA/LB ports’ container dwell fee programme extended
The Los Angeles Harbor Commission voted 5-0 to extend the container dwell fee programme meant to reduce congestion at the LA and LB ports until 29 April. Source: Seatrade Maritime
Forwarders in boycott threat over increased handling charges in UK
Forwarders are threatening to stop using airlines whose handlers have very high charges in the UK following a severe increase in storage prices. Source: The Loadstar
Omicron outbreak in Australia wreaking havoc in supply chains
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
Shanghai retains its position as the world’s busiest container port
Shanghai port recorded the highest container volume in 2021 with a 3% growth YoY, maintaining its position as the busiest port for 12 consecutive years. Source: Seatrade Maritime
Congestion hits Port of New York and New Jersey as Covid cases spike
The Port of New York and New Jersey has been hit with congestion due to a spike in the number of port workers in quarantine for Covid-19. Source: Seatrade Maritime
Switch to a multimodal logistics platform immediately! Here’s why…
As global supply chains continue to face unprecedented disruptions, meeting the ever-growing demand while optimizing lead times and reducing inventory costs remains challenging. As a result, companies are now willing to explore better alternatives to traditional logistics, which would provide improved economies of scale and a faster return on investment. However, what is a better…
GoComet’s 2021 rewind —The year of many milestones
2021 has been a year of relentless uncertainty across industries. However, it has also been a year of infinite opportunities. For us at GoComet, the year marked several noteworthy milestones—thanks to the continued support of our customers, partners and team. As 2021 comes to a close, and we gear up to welcome 2022, we would…
GoInvoice case study
[Case study] Global pharma company enables error-free freight invoice processing Geography: Global | Module: GoInvoice Automated Invoice Reconciliation Transforming the Life Sciences Supply Chain with Automation Download our best practices guide and learn how life sciences companies can leverage automation to build supply chain resilience.
Four major things to consider when selecting a multi-modal logistics software
As per a study conducted by Gartner, more than 50% of organizations have not yet actively started to build a roadmap for supply chain digital transformation. If you are in this category and are still contemplating how to choose a multi-modal logistics platform that works best for your company, let us give you a simple…
Great Firewall of China and Its Impact on AIS Blockage – GoComet
The recent passing of China’s terrestrial AIS ban is a huge blow to the shipping industry that tries to evolve forward in terms of shipment visibility and sustainability. With the country’s two stringent data protection laws, the Data Security Law (DSL) and Personal Information Protection Law (PIPL) which was passed in recent months, collecting Chinese…
The US Ocean Shipping Reform Act 2021 – What you need to know
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….
Port Congestion case study
[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…
COP26 On Sustainable Shipping: The Future Of Green Is Now
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…
Top 5 Emerging Technologies In The US Trucking Industry:
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…
Amazon Way: The #1 Supply Chain Strategy For Agility
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…
Why Shipping should be your concern this Christmas? 3 Tips to Get Ahead!
A lot of people can tell you how to keep your supply chain agile during the rest of the year, but what about Christmas? This time of year is often incredibly hectic for supply chains and shipping accordingly. The holiday season brings with it an increased number of shoppers, and retailers are constantly trying to…
GoShipment case study
[Case study] Leading Pharmaceutical Company Streamlines Logistics Operations Geography: Global | Module: GoShipment Multi-stakeholder & Task Management “ With the growing complexity and inter-dependability of global supply chains, all involved stakeholders must be committed to a frictionless collaboration. This requires end-to-end visibility across every step. Achieving these goals will not happen overnight, but we should…