Ocean Transportation

Summer of Sold-Out Ships Awaits as Sea Cargo Chaos Intensifies

May 4, 2021

Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans.

Shipping Containers Are Falling Overboard at a Rapid Rate

April 29, 2021

Bloomberg

Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors.

VIDEO

Watch: What to Do About the Global Container Shortage

April 21, 2021

Robert J. Bowman, SupplyChainBrain

Rob Handfield, Bank of America Professor of Supply Chain Management with the Supply Chain Resource Cooperative in the Poole College of Management at North Carolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.

The Shipping Industry Wants to Be Taxed for Its Carbon Emissions

April 21, 2021

Bloomberg

It’s rare for an industry powered by fossil fuels to call for a tax on its own carbon emissions. Yet the shipping sector is doing just that.

Oakland Tops L.A. Area as Ships Inundate World’s Ports

April 19, 2021

Bloomberg

It’s hard to predict when normality will return.

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

April 13, 2021

Bloomberg

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.

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.