Ocean Transportation

Ship Stuck Near D.C. Signals East Coast Ports’ Rush to Expand

March 22, 2022

The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.

Evergreen Hires Firm That Saved the Day at Suez to Free Ship

March 18, 2022

Bloomberg

Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.

Port of Los Angeles Sees Record Volume in February

March 17, 2022

SupplyChainBrain

Cargo moving through the Port of Los Angeles jumped 7.3% in February, representing back-to-back record months to begin 2022.

The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report

March 16, 2022

Bloomberg

Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.

A Year After Suez Canal Fiasco, Bad Luck Strikes Again for Evergreen

March 15, 2022

Bloomberg

A year after a giant container ship got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground.

How Ocean Shippers Are Coping With High Rates and Unreliable Service Contracts

March 14, 2022

Robert J. Bowman, SupplyChainBrain

With no immediate relief in sight from sky-high ocean container freight rates, shippers are faced with the question of how to negotiate with carriers for adequate capacity at a manageable price.

Russia’s War Puts Shipping’s Tentative Recovery in Jeopardy

March 10, 2022

Bloomberg

Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries.

THE SCB PODCAST

Podcast | Congestion in the Northeast: A Conversation With Conrail President Brian Gorton

March 4, 2022

Robert J. Bowman, SupplyChainBrain

Keeping rail freight moving in the bustling Northeast Corridor is a difficult task in the best of times. And even tougher in a pandemic.

Carriers Push Back as Biden, Congress Take On Ocean Shipping

March 3, 2022

SupplyChainBrain

President Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack any evidence of wrongdoing.

War Shocks Ripple Across One of the World’s Busiest Trade Lanes

March 2, 2022

Bloomberg

Putin’s assault on Ukraine, and retaliatory steps designed to paralyze the Russian economy, are heaping new disruptions on supply chains that never recovered from unprecedented shocks caused by the pandemic.

Ocean Transportation

The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.