article thumbnail

Analysis on 2021 Container Shipping Delays

ShipLilly

Port congestion that opened up in 2021 is likely to continue throughout this season. Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. The global crisis that was accelerated by COVID-19 is haunting us in 2021. The statistics are startling.

Analysis 105
article thumbnail

Analysis: Why Shipping Rates Have Spiked and When Might Rates Come Down

MTS Logistics

Later, 2021 arrived with port congestion issues, especially in West Coast terminals. In the following months of 2021, the container situation appeared even weirder because of rates. The supply chain crisis did not leave us in 2021. Products are ready in factories, but there are not enough containers for them.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Supply Chain Market Outlook: 2021 Holiday Season Edition

MTS Logistics

As we enter the 2021 holiday season, it is clear now that businesses are struggling more and more every day to fulfill orders from U.S. As we approach the end of 2021, many of the current issues seem to have no easy solution in the immediate future. This major change in consumption patterns in the U.S.

article thumbnail

A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

That factory also aims to rapidly process the raw materials into product. This made the data analysis easier. This made the data analysis “painful.” Really, in 2021 we were hanging on for dear life,” Mr. Masters lamented. Simmons ran an RFP between late 2021 early 2022. Then the clock starts ticking again.”

article thumbnail

Chinese New Year Supply Chain Chaos?

Logistics Business Magazine

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.

article thumbnail

Chinese New Year and Winter Olympics Fuel Uncertainty in U.S.-Asia Trade

MTS Logistics

Workers take extended holidays as Chinese factory closures could last anywhere from 10 days to four weeks. According to a Sea-Intelligence Maritime Analysis report, global schedule reliability dropped to a dismal 32%. In 2021, Asian imports to the U.S. jump for 2021. accounted for 18.97 million TEUs.