The impact of congestion and capacity on businesses and what to expect?

Webinar

Port Congestion, equipment and space capacity crunch are impacting businesses with supply chains and consumers heavily impacted..

In a webinar, Rachel Premack, Senior Investigations Reporter at Business Insider, Michael J Gordon, Senior FMC Advisor (retd), and Adam Compain, SVP of Global Growth at project44 discuss how rising freight prices have set off a domino effect, manifesting across supply chains through port congestion, drayage holdups, dropping inventories, inflation and lengthening lead times..

They reference insights from a market survey of over 200 supply chain professionals and talk through a possible timeline to a freight market cool down, when it can potentially happen and the circumstances that will lead us there..

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More ships skip Yantian, as China deals with new Covid issues

News - Shipping and Freight Resource

Blank sailing data tracked at major Shenzhen ports by project44 has shot up, spelling further cost increases and inventory shortages for businesses as they struggle to meet the demands of reopening economies. The Port of Yantian (YICT), a critical connection for factories and retailers across the globe, which handles 13 million TEUs per year, is at the epicenter of China’s latest COVID-19 quarantine efforts.

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project44 consolidates position as market leader in supply chain visibility with acquisition of ClearMetal

Press Release on Shipping and Freight Resource

project44 has announced that it has acquired San Francisco-based ClearMetal, a market leader in international supply chain visibility and predictive analytics for enterprises.

This acquisition places project44 on the cutting edge of logistics AI, enabling customers to improve agility, and resiliency across their global and multi-modal supply chains.

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Blank sailing schedules portend delays well into the summer – project44

News - Shipping and Freight Resource

A project44 analysis of the schedules of various shipping lines indicates that cargo delays could last well into the summer with several blank sailings seen in the schedules.

With maxed-out vessels skipping more ports, project44 is warning shippers to adopt proactive supply chain strategies that anticipate delays.

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