Maritime: Page 19
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The image by Axelspace Corporation is licensed under CC BY-SA 4.0
Ever Given and the Suez Canal: A list of affected ships and what delays mean for shippers
Carriers with hundreds of thousands of TEUs of cargo capacity are stuck, and when they move, port congestion will worsen.
By Matt Leonard • Updated March 30, 2021 -
Permission granted by Nike
Nike's imports drop 39% amid port congestion, straining inventory
The YoY drop in February came after the retailer faced weeks-long delays, affecting the timing of wholesale shipments.
By Matt Leonard • March 24, 2021 -
Explore the Trendline➔
Adeline Kon/Supply Chain Dive
TrendlinePeak season management
Higher peak season surcharges are one risk for shippers to manage this year.
By Supply Chain Dive staff -
Imports spike at ports across US, Hapag-Lloyd warns of terminal congestion
The Port of Los Angeles said dwell time is still too high, after slight improvements during the busiest February on record at the gateway.
By Matt Leonard • March 17, 2021 -
Yeti tests Port Houston in bid to avoid congestion
Along with the port change, Yeti has also increased its use of cross-docking for its imports to help cut down on lead times and is exploring faster shipping lanes out of Southeast Asia.
By Matt Leonard • March 12, 2021 -
Big Lots to add 2 distribution centers to speed replenishment of palletized, big and bulky inventory
The retailer faces extended lead times with inventory stuck in-transit in a clogged ocean freight network.
By Matt Leonard • March 11, 2021 -
Deep Dive
A tumultuous year of ocean shipping prompts a rethink of contracts
Negotiations are taking place earlier than usual, with greater interest in two-way commitments and tiered pricing. But a focus on resiliency and capacity comes at a cost to shippers.
By Matt Leonard • March 10, 2021 -
Cara Salpini/Supply Chain Dive
Foot Locker cites port congestion for nearly 24% drop in inventory
The retailer is working with its vendors to find alternative routings, and it expects its inventory position to improve this quarter, an executive said.
By Matt Leonard • March 8, 2021 -
Port of VA
Shippers consider redirecting cargo away from congested California ports
Switching cargo from Southern California to the Northwest Seaport Alliance can especially make sense for inland-point intermodal moves to the Midwest, one expert said.
By Matt Leonard • March 5, 2021 -
FMC, lawmakers meet to discuss container practices, whether carriers violate Shipping Act
One commissioner said legislation and modernization to the Shipping Act might be necessary to resolve ongoing container issues.
By Matt Leonard • Updated April 9, 2021 -
Inventories drop with no signs of softening demand: ISM
Shortages in ocean freight, corrugated boxes, gloves and dozens of other products are pushing up the prices for many commodities.
By Matt Leonard • March 3, 2021 -
Opinion
FMC: Injecting more containers won't solve supply chain woes
Two commissioners — a Republican and a Democrat — call for cooperation among supply chain stakeholders.
By Daniel B. Maffei & Louis E. Sola • March 2, 2021 -
Wayfair cites ocean shipping disruption, port congestion for in-stock issues
The retailer expects it could take a "few months" to get back to the in-stock levels it usually tries to maintain, one executive said.
By Matt Leonard • March 1, 2021 -
Crocs: Redundancy in ocean freight contracts takes priority over cost
The footwear brand's logistics director said a turbulent market with high consumer demand proves container shipping is a commodity, not a service.
By Matt Leonard • Feb. 26, 2021 -
Kendall Davis / Supply Chain Dive
No rate relief in sight for ocean shippers as Lunar New Year passes
If consumer spending doesn't fall off during 2021, the ocean shipping industry could be in for a busy and record-breaking year, one analyst predicted.
By Matt Leonard • Feb. 23, 2021 -
Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers
The Federal Maritime Commission said failing to follow the agency's interpretive rule on detention and demurrage "might constitute a violation of" the Shipping Act.
By Matt Leonard • Feb. 18, 2021 -
Pixabay
Expeditors: 'Severely' misaligned freight market spikes ocean, air rates
"We moved more freight in the fourth quarter of 2020 than in any other quarter in our history," the company's CEO said in its earnings release.
By Matt Leonard • Feb. 17, 2021 -
4 charts show the effects of West Coast port congestion and supply chain delays
The ports of Los Angeles and Long Beach have been overburdened with a deluge of container imports over the last few months.
By Matt Leonard • Feb. 16, 2021 -
FMC to discuss 'big, huge step' related to detention, demurrage and container returns
The commissioners will meet as ports face congestion issues resulting from record import levels and shippers deal with a container imbalance that is increasing the price of equipment.
By Matt Leonard • Feb. 11, 2021 -
Maersk: Contract, short-term rates up across the board
The carrier expects a high freight rate environment to continue through Q1 before easing in Q2, though "it is really hard to predict the demand patterns for 2021," the company's CFO said.
By Matt Leonard • Feb. 11, 2021 -
Courtesy of DSV Panalpina
DSV Panalpina ready for 'M&A adventures'
The CEO said its preferred acquisition is a large, global forwarder with similar characteristics as DSV, as the company seeks a larger share of the fragmented market.
By Shefali Kapadia • Feb. 11, 2021 -
NRF expects record imports through June, with retailers buying goods early to ensure carrier space
Tight capacity has pushed spot rates to more than double over the last year and caused an uptick in rolled cargo.
By Matt Leonard • Feb. 10, 2021 -
Courtesy of Peloton
Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean
The fitness equipment company is spending $100 million to speed deliveries to frustrated consumers.
By Shefali Kapadia • Feb. 8, 2021 -
The Container Store: 3PL surcharges 'much more impactful' than expected
The retailer pegged a double-digit slide in its margins on increased shipping costs that "more than offset" a nearly 21% YoY increase in sales, executives said this week.
By Matt Leonard • Feb. 5, 2021 -
Harbor truckers dispute millions of detention, demurrage charges as fees surpass $200
Trucking firms may pass added costs down to shippers, depending on the relationship, as well as the terms of the contract between the two parties, HTA's CEO said.
By S.L. Fuller • Feb. 3, 2021 -
Courtesy of DHL
Deep DiveWhy the empty container math doesn't add up in US exporters' favor
What led to a global imbalance of available shipping containers? And what were the effects on U.S. businesses?
By Matt Leonard • Feb. 3, 2021
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