Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply chain backlog.
President Biden wants to break a logjam at U.S. ports and stave off a holiday season of shortages and delays — bottlenecks that officials and stakeholders say extend far beyond the reach of the White House.
China’s week-long holiday has exacerbated congestion at two of the country’s busiest ports — Shanghai and Ningbo — where hundreds of cargo ships are waiting to berth.
The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to Boston Consulting Group.
The gridlock of container ships outside the Ports of Los Angeles and Long Beach may have been the cause of a major oil spill off the coast of California, according to authorities.
Patrick Penfield, a professor of practice in supply chain management and director of executive education at the Syracuse University Whitman School of Management, offers a view into supply chain congestion, delays and pricing for the remainder of this year.
In the midst of the worst global supply chain crisis in recent memory, some businesses are finding creative ways to get around severe congestion at seaports and inland freight terminals.
Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.
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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