Largest Shipping Reform Act in 20 Years Signed into Law and More Supply Chain Industry News
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...
Shipper Losses Since 2020 Estimated in the Billions and More Supply Chain Industry News
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...
Continued US Port Congestion, Californian Drayage Shortages, and More Supply Chain Management News
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...
Supply Chain Roundup 5/31/22
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...