by Jon Sabel | Jun 21, 2022 | Industry News, Supply Chain Roundup
This week: President Biden signs the Ocean Shipping Reform Act 2022, the most significant shipping reform act to become law in more than 20 years Trans-Atlantic shipping schedule delays expected to continue through 2022 and into next year South Korean ocean carrier...
by Jon Sabel | Jun 14, 2022 | Industry News, Supply Chain Roundup
This week: Estimates from the Sea-Intelligence Maritime Analysis show that since 2020, shippers have lost as much as $10 billion due to supply chain congestion and port delays Maersk announces plans for new reefer cold-storage facility in Dayton, New Jersey Blank...
by Jon Sabel | Jun 7, 2022 | Industry News, Supply Chain Roundup
This week: Record-high ocean carrier rates over the pandemic were found to be caused by an overwhelmed ocean capacity; the ocean carrier industry remains competitive Port congestion will grow and persist throughout the country until the start of 2023 California...
by Jon Sabel | Jun 1, 2022 | Market Reports
Rate & Market Information USEC port congestions have ramped up after USWC stabilizes. Rates remain solid and spaces are still tight due to limited capacity caused by blank sailings. As lockdown situation relaxes in Shanghai starting this week, there are more...
by Jon Sabel | May 31, 2022 | Industry News, Supply Chain Roundup
This week: Consumer behavior shows strong signs of returning to traditional pre-pandemic patterns, boosting US retail sales and inventory and placing additional pressure on crucial supply chain points The new Supply Chain Information Highway receives more support as...