Ocean Transportation

L.A.-Area Port Backlog Persists as Imports Surge

April 13, 2021

Ship congestion outside the busiest U.S. gateway for trade with Asia persisted over the past week as imports surged through March, usually one of the slower months of the year for container volumes.

Higher Shipping Costs Are Here to Stay, Sparking Price Increases

April 12, 2021

Bloomberg

Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers.

Commodity Shipping Rates Are Surging Amid Uneven Recovery

April 8, 2021

Bloomberg

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

Biden Infrastructure Plan Seeks $571 Billion in Transport Funds

April 8, 2021

Bloomberg

President Biden’s proposed infrastructure bill calls for $571 billion in additional transportation spending over current federal levels, and $50 billion to make infrastructure more resilient to climate change.

VIDEO

Watch: The Global Impact of Biden’s Supply Chain Executive Order

April 8, 2021

Robert J. Bowman, SupplyChainBrain

A look at the possible implications of President Biden’s order to review critical supply chains on the United States’ relations with its trading partners, with Jeff Weiss, partner and co-chair of the International Trade Policy Practice, and leader of the Supply Chain Team, of Steptoe & Johnson LLP.

FourKites Acquires Haven Inc., Introduces End-to-End Visibility Platform for International Ocean Shipment Visibility

April 7, 2021

SupplyChainBrain

FourKites, a provider of real-time supply chain visibility solutions, recently announced its acquisition of Haven, Inc., and the introduction of Dynamic OceanSM, an end-to-end visibility solution for international ocean shipments.

VIDEO

Watch: What Will Biden’s Executive Order on Critical Supply Chains Achieve?

April 6, 2021

Robert J. Bowman, SupplyChainBrain

Kamala Raman, senior director analyst with Gartner, explains the reasoning behind President Biden’s initial choice of four critical supply chains to address in a 100-day review.

Maersk Announces New Asia/US East Coast String

March 31, 2021

SupplyChainBrain

Maersk Inc. North America, an integrated container logistics company, has announced the start of a new service linking ports in Vietnam and China with the US East Coast via the Panama Canal, starting in May 2021.

End of Suez Snarl Marks Beginning of New Stress on Global Trade

March 31, 2021

Bloomberg

The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.

The Suez Crisis Is Over. Now Time to Add Up the Damages.

March 30, 2021

Bloomberg

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

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.