Artificial Intelligence (AI) is revolutionizing the retail industry through its seamless integration of automation, data analysis, and advanced machine learning algorithms. This powerful combination is elevating the customer experience, optimizing business performance, and significantly boosting profits for forward-thinking brands. As leading retailers have already embraced this cutting-edge technology to gain a competitive edge, analysts predict […]
Read MoreAs the bustling summer season kicks off, labor disputes have disrupted the flow of shipping in the United States. Members of the International Longshore and Warehouse Union have staged protests, resulting in congestion and delays at U.S. West Coast ports, as reported by CNBC. The average wait times for container vessels attempting to enter Los […]
Read MoreAfter a series of coordinated and disruptive work actions led by the ILWU at the West Coast’s largest ports between June 2 and June 7, operations have generally improved at the Ports of Los Angeles, Long Beach, and Oakland. However, the Ports of Seattle and Tacoma continue to suffer significant slowdowns as a result of […]
Read MoreRecent news reporting has covered disruptions at West Coast ports stemming from negotiations between the ILWU and the PMA. On Friday June 2nd 2023, the ILWU staged “concerted and disruptive work actions that effectively shut down operations at some marine terminals at the ports of Los Angeles and Long Beach,” said the Pacific Maritime Association […]
Read MoreNew numbers from the Federal Reserve Bank of New York show that container freight and the flow of goods from A to B are returning to normal across global supply chains. March 2023 figures provided by the US Federal Reserve Bank of New York report the Global Supply Chain Pressure Index (GSCPI) falling to […]
Read MoreAPM Terminals (APMT) said the two largest container gateways in the U.S., Los Angeles-Long Beach and New York-New Jersey, are returning to pre-pandemic efficiency levels while noting it will take some time for ports along the South Atlantic and Gulf Coast to achieve more normal cargo flow. Leo Huisman, APMT’s managing director for the […]
Read MoreAccording to data from Industrial real-estate services firm JLL, logistics and distribution firms and 3PLs are the top takers of warehouse space in the U.S., accounting for 15% and 13.1% of the total area respectively (see Figure below). The tightness in warehousing space for the 3PL industry in the U.S. has exponentially increased lease […]
Read MoreCHINA: The heatwave in China has forced some manufacturers in 19 cities and jurisdictions in China to shut down production for six days due to government-planned power cuts. Manufacturing power disruptions are also reported in Shanghai. The interruption is creating more bumps in the road with the approaching seven-day Golden Week holiday in October as […]
Read MoreCurrently space especially to the U.S. West Coast has opened up and you are able to book over allocation. Space to the U.S. East Coast and Gulf region is also opening up more and more. However, carriers will continue to blank sailings. The U.S. East Coast is starting to get hit with multiple blank […]
Read MoreSources close to the West Coast longshore labor negotiations believe that a deal could materialize in August or September with little disruption on the docks. Those who agree with this sentiment said recent joint statements from the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) to keep cargo moving and operations […]
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