Market Overview LA/LB port congestion remains with over 100 vessels anchored at any given time while idle ships have increased across Oakland, Charleston, New York, and Savannah. Trucking rejection rates hover around 20% for 2022 versus the 5% seen in 2020 pointing to the lack of...
Schedule reliability among the major container shipping lines hit a new low at the end of 2021 with the expectation being that with continuing port congestion there is unlikely to be a significant improvement. New data from Sea-Intelligence shows that containerships’ ability to maintain published...
With containers overflowing in and out of its borders, the operators of Yantian terminal, the largest port facility in Shenzhen, have from today ruled that full containers can only be trucked in four days before vessels are due to berth. Shenzhen, the world’s fourth largest container...
America made it through Christmas without too many bare shelves, despite historic port congestion. Goods were brought in early and shoppers shopped early. Holiday sales were up 11% from 2019, pre-COVID. Consumer fears of a holiday shortage appear to have spiked in October, then pulled back...
Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing growing congestion at the world’s biggest container port. Shipping firms are making the switch to avoid delays at nearby Ningbo, which suspended some trucking services near that port after an outbreak...
According to the National Health Commission (NHC), China reported 157 new confirmed cases on Sunday (January 9th, 2022), including 97 which were locally transmitted. As of January 10th, there are 18 high-risk areas, including 12 in Yuzhou city of Henan province, 2 in Tangyin District...
2021 proved a challenging year for global supply chains, seeing significant disruption and bottlenecks around the world. We saw pockets of improvements, only to get setbacks when terminals or vessels encountered a COVID-19 outbreak. Unfortunately, 2022 has not started off as we had hoped. The...
A suspension of trucking services in several parts of East China’s Zhejiang province has slowed the transportation of manufactured goods and commodities through one of the world’s most important ports. There are strict controls on trucks moving goods to or from the Beilun district in Ningbo...
China’s whac-a-mole approach to containing Covid-19 is seeing restrictions rushed in at many more important hubs across the country as the nation struggles to contain more contagious variants spreading. Two Covid-19 cases in Shenzhen have seen local authorities usher in travel bans making it difficult to...
Weeks after severe flooding wreaked havoc on B.C.’s road and rail network, round-the-clock repairs are bringing a sense of stability to carriers that haul freight in the province. As for normalcy, that’s something else entirely. A lack of predictability remains the big problem, says Dave Earle,...
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