The U.S. should brace for another surge in the supply-chain crisis as manufacturers in Asia reopen their factories from Covid-19 lockdowns, causing new delays at American ports, the chief representative for West Coast port operators said. There’s been a lull in trade flows as China has used strict lockdowns in cities and major trade hubs, […]
Read MoreChina has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike. Recently, lockdown restrictions have been enacted in major cities like Shenzhen and Shanghai, as China deals with one of its worst outbreaks since Wuhan in December […]
Read MoreNo material impact on blank sailings has yet been observed from the lockdown in Shanghai said Sea-Intelligence. The lockdown in Shanghai differs from the Yantian closure in 2021 as Shanghai port remains open and operational, Sea-Intelligence said, with the “problematic part” being the closed manufacturing sites and warehouses, as well as a reduction in available […]
Read MoreSpeakers at the Nordic Air Cargo Symposium have said disruption in the industry is set to continue. The supply-demand balance in the air cargo market is expected to return to pre-COVID levels in 2025 although the prediction is complicated by several conditions. Cargo capacity is projected to reach 2019 levels around 2023 but demand will […]
Read MoreShanghai container port has been operating but the lack of trucking capacity has resulted in chaos in supply chains. According to a global forwarder, trucking and entry problems are creating pressure at some yards in Shanghai port. Additionally, some carriers which include Maersk and ONE, have “started to cancel calls at Shanghai to instead provide […]
Read MoreCovid lockdowns in China Lori Ann LaRocco, CNBC Senior Editor, joins Worldwide Exchange to discuss the global supply chain crunch, and how Covid lockdowns in China are creating shipping clogs at the ports.
Read MoreAccording to Sea-Intelligence, missing vessel capacity escalated in January 2022, with 13.7% of the fleet unavailable. The capacity absorption data shows that February recorded a slight improvement at 11.6% (see Figure 1). Schedule reliability for February will likely be worse than what is being reported now. Sea-Intelligence explains that due to certain cases having protracted […]
Read MoreA report The impact on trade and development of the war in Ukraine by the United Nations Conference on Trade and Development (UNCTAD) warns 1.5 million containers of Asia-Europe rail cargo could be re-routed to the ocean freight market and drive freight rates even higher. The war between Ukraine and Russia has disrupted land and […]
Read MoreU.S. importers are already starting to reset their supply chains to avoid disruptions ahead of potentially contentious contract talks this summer between West Coast dockworkers and the companies that manage the flow of goods through ports. Some shippers are pulling forward their holiday-season orders to get them into domestic networks early, logistics operators said, and […]
Read MoreThe cost of fuel reflects the most immediate impact on shipping of the conflict. However, in the weeks ahead, analysts predict a broad fallout from Russia’s aggression which has generated widespread condemnation and protests too from ordinary Russian people. The bunker price hikes did not mirror the leap in spot crude prices which saw Brent […]
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