Saturday, March 25, 2023

Container Market Trends

"The primary causes of supply chain disruption were the massive swing of cargo in the spring and summer of 2020, the challenge in handling cargo volumes with existing intermodal chassis, and supply limitations on containers." This was...
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..

Container rollovers surge in December across major container ports

Ocean Insights’ cargo delay statistics show how the bull run is wreaking havoc on the market, with container rollovers surging across major ports during December and most major carriers seeing increases in delays.

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