Here’s a look back at our most-clicked stories this year — which showcase the worst of the crisis, new ideas that it spurred, and a glimpse at how we got here.
Xeneta, an ocean freight rate benchmarking and market analytics platform, and Compass Financial Technologies, a financial index provider for alternative asset classes, announced the launch of the Xeneta Shipping Index by Compass, a daily container freight index.
Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
In the face of major supply chain disruptions like port congestion, there are proactive measures you can take to mitigate the risks to your supply chain, starting with multi-tier visibility.
With the current focus on the tens of thousands of containers stuck on ships outside major U.S. ports, it’s easy to forget a maxim of supply chain management: If it’s not on wheels, it’s not moving.
A line of more than 80 container ships waiting to dock at the ports of Los Angeles and Long Beach, California, was cut in half in late November — or so it seemed. Turns out the vessels disappearing from the queue were merely hiding from it, loitering in the Pacific out of reach of the official count.
The head of one of the two ports in the U.S.’s busiest maritime gateway said he expects congestion that has caused upheaval throughout supply chains to improve in about six months’ time.
The House passed legislation Wednesday that provides the first major update of U.S. international ocean-shipping laws in more than two decades as the nation grapples with bottlenecks at its ports that are crimping supply chains.
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.
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