The record volume of cargo moving through the U.S.’s busiest port complex is likely to continue amid high consumer demand for goods, the head of the Port of Long Beach said.
The journey of Tonka’s Mighty Dump Truck toy from its Asian factory to U.S. stores offers a window into what it takes for a small toymaker to survive 2021.
Bill Brooks, vice president of North America transportation with Capgemini, delves into the multiple causes of the congestion that’s currently plaguing global supply chains, and speculates on some possible short- and long-term solutions to the crisis.
The union representing about 15,000 dockworkers at the U.S.’s largest ports declined an offer by employers to extend existing labor contracts for a year, setting the stage for heated negotiations.
Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a potentially positive step for key trade gateways in the U.S. that are still battling an influx of imports.
Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past market cycles are any guide.
Raul Alfonso, chief commercial officer with Port Tampa Bay, discusses how the pandemic and surge in consumer buying have motivated international shippers to seek alternative gateways, in order to avoid congestion at major port complexes.
Few tools of the global economy have survived without major innovations as long as the shipping container. The supply ructions around the world are presenting an opportunity to test that incumbency.
The $100-per-day fee for containers was put on hold until Nov. 22 because the ports have seen a “significant improvement in clearing import containers” in recent weeks.
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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