The Port of New York and New Jersey is working to clear a small but rare bottleneck of container ships anchored off the coast of Long Island as COVID-19 cases among dockworkers collide with a pandemic-fueled surge in cargo volumes.
There’s no indication that supply chain disruptions will ease in 2022. Bottlenecks, labor shortages and limited transportation capacity across all modes will persist.
U.S. port authorities and ocean carriers, dealing with record import volumes, need to ensure that exports aren’t hindered amid the unprecedented supply chain logjams that aren’t showing clear signs of dissipating, President Biden’s port envoy says.
From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another roller coaster year of supply chain disruptions.
The role of the maritime manager has changed, and it will take more innovative solutions from all members of the supply chain to help fix the current crisis.
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.
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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