Billions of dollars worth of cargo waiting outside West Coast ports in 2021 racked up millions in interest due to port congestion Importers pay millions of dollars in interest to … Read more..
Supply Chain can perhaps be termed as the “Phrase of the Year” in 2021. Whether you were involved in the business of supply chain or not, everyone heard about it, … Read more..
As many container vessels continue to loiter across Southern California and farther, waiting for berths at the ports of Los Angeles and Long Beach — the focal points of the … Read more..
CMA CGM posted a net profit of $5.6bn for Q3 increasing its consolidated revenue by 89%, compared to 2020 on the back of incredible freight rates and the signing of … Read more..
As per stats released by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the American trade deficit on goods and services went up 4.2%, rising from $70.3 … Read more..
Long Beach, Nov. 17, 2021 : Gov. Gavin Newsom and U.S. Port Envoy John D. Porcari visited the Port of Long Beach on Wednesday to highlight state and federal measures being … Read more..
“We’re encouraged by the progress our supply chain partners have made in helping our terminals shed long-dwelling import containers” This is the message from Mario Cordero, Executive Director of Port … Read more..
The American shipping crisis has been making news all over the world and has been the subject of discussions across many media platforms and the industry.. Even US President Joe … Read more..
Ocean carriers who are usually the ones charging “surcharges”, may soon be paying a “surcharge” at the San Pedro Bay ports of Long Beach and Los Angeles for import containers … Read more..
With the Biden Administration now stepping in to tackle the port congestion crisis at Long Beach and Los Angeles, China-US West Coast transit data and insights provided by digital freight … Read more..
US President Joe Biden seems to have increased his efforts to ease the current congestion, transportation and supply chain blockages that are disrupting the US ports especially on the West … Read more..
Port of Long Beach to offer traffic alerts with a new texting service. The ‘Truck Alert’ program is aimed at reducing delays, improve cargo movement. The port has been in the … Read more..
The weight of COVID-19 saw supply chains buckle, as stakeholders had little visibility into end-to-end logistics operations. Last summer, an unexpected surge in consumption levels caught container lines by surprise, … Read more..
Rostock, March 23, 2021 — With shipping rates at historic highs, ocean shipment data collected by ocean freight intelligence company Ocean Insights (a project44 company) spotlights ongoing shipment delays at … Read more..
Port Congestion is one of the dreaded words in the dictionary for ship owners, ship operators, ports and customers alike.. It is a situation has several causes and consequences and … Read more..