News

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U.S. Tariffs Drive Drop in Chinese Imports

U.S. tariffs have led to a sharp decline in Chinese imports and significant changes in the types of goods Americans buy from China, new data show, with purchases of telecommunications gear, furniture, apparel and other goods shifting to other countries.

May 12, 2021

Rising rollover rates show worsening maritime supply chain delays

“Carriers have been watching their rollover rates increase for over a year, and have so far failed to mitigate the situation,” said Josh Brazil, VP of Ocean Markets. “Shippers need to accept this as the new reality. They are going to have to start making structural adjustments to their supply…

May 12, 2021

Shipper committee to guide FMC on container issues by year’s end

The Federal Maritime Commission plans to stand up and fill a Shipper Advisory Committee within "the next couple of months," Chairman Daniel B. Maffei told Supply Chain Dive Thursday. The committee will have 24 seats with half going to exporters and half to importers. The FMC will consider the committee's…

May 12, 2021

Four out of 10 boxes rolled over, schedule reliability at an all-time low

In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At ANL’s parent a remarkable 56% of containers were rolled over last month. At transhipment ports around the world boxes are being rolled over, missing connections in a massive way –…

May 12, 2021

Companies in desperate hunt for aircraft to move cargo

May 11, 2021
The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo keeps coming, on top of record volumes for air and ocean shipping, further straining an air logistics system stretched by a shortage of equipment and airport labor. Logistics professionals and analysts say capacity is rapidly tightening as more shippers turn to air for cross-border transport, sending air cargo rates sharply higher. The market is already running at peak levels five months before peak season normally starts.
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Logistics Lessons From the Suez Canal Fiasco

May 11, 2021
For six days, one of the world’s largest container ships was stuck in the Suez Canal. The Ever Given at 1,300 feet is nearly as long as the Empire State Building and stores more than 20,000 containers. Starting March 23, the immovable craft blocked 12% of the global trade, an estimated $9 billion in goods every day, or $400 million every hour. The nautical mishap had a worldwide impact on when items could be delivered and how much it would cost, regardless if the container ship was carrying your company’s products or not.
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