Supply Chain and Logistics

‘Exceptional growth’ in container fleet could result in 13m teu excess

Supply Chain and Logistics

The excess estimated in this article is mostly in dry containers. Reefers are still much in demand. The problem is, what’s going to happen to them?

2021 vessel reliability recorded at its lowest ever

Supply Chain and Logistics

Ocean carriers are running a business in which their reliability of completing voyages planned in advance ranges around 30% to 40%. The highest reported here, by Sea-Intelligence Maritime Analysis, is Maersk at 46%.

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Biden orders baby formula airlift from overseas

Supply Chain and Logistics

The baby formula shortage is deplorable. And it’s nice that the government is trying to figure out how to help get more product into the supply chain. And it’s good to rethink restrictions on imports and get them moving. But … Continue reading → Leadership Logistics Production Operations Supply Chains baby formula collaboration labor relations production standards supply chains

Pasha Hawaii teams with Costco on chartering spree

Supply Chain and Logistics

Costco is another firm that has decided to figure out how to move its imports without help from the ocean shipping alliances. It is working with Pasha Hawaii to charter box ships. according to the article, Costco is now in … Continue reading → Logistics Shipping Supply Chains chartering congestion container shipping Costco intermodal

How to Optimize Your Supply Chain in Times of Disruption

Disruptions expose gaps in the supply chain and amplify problems. What can be done? Research by GEP and North Carolina State University shows how tech can fix the gaps and ensure supply chain resilience and optimization. Download now!

New York approaches biggest US container port title as west coast imports flatline

Supply Chain and Logistics

Why are people choosing New York/New Jersey to import containers? One concern is the congestion and delay, averaging 18 days according to the article, at the West Coast ports of Los Angeles and Long Beach. Apparently throughput has reached a … Continue reading → Labor Economics Logistics Ports Shipping Supply Chains container shipping intermodal labor relations ports supply chains

US importers using box ships to store cargo

Supply Chain and Logistics

US importers are not so worried about cargo waiting offshore to be unloaded. As long as they have enough for their sales or manufacturing, the cargo can sit on a container ship and the principal cost to the shipper is … Continue reading → Logistics Managerial Econ Shipping Supply Chains containers delays inventory inventory cost inventory financing ocean shipping ports supply chains

Maersk’s forwarder move could be abuse of its dominant position, says Clecat

Supply Chain and Logistics

Apparently I’m not the only one who thinks Maersk is staking out a monopoly position, discriminating against forwarders. I think Maersk and others are in danger of killing off forwarders, and also customers. Larger customers will look at private transport. … Continue reading → Logistics Shipping Strategy bookings container shipping economics freight forwarders ocean shipping technology

Hapag-Lloyd eyes competitive edge with dry container tracking technology

Supply Chain and Logistics

Hapag is making a big investment in dry container tracking for its containers. It hopes that knowing where containers are will enable quick turnaround. The sensors also provide data on temperature and environmental conditions if desired, and store the data … Continue reading → Logistics Shipping Supply Chains container tracking containers innovation supply chains

Carriers adopt ‘hardcore’ blank sailing strategy as export bookings plunge

Supply Chain and Logistics

It appears that many of the ships waiting offshore in Shanghai are not waiting to unload, but to get new cargo. shipments out of China seem to be plummeting. It’s leading to blanked or rescheduled sailings. Perhaps the avalanche of … Continue reading → Logistics Shipping Supply Chains blankings container shipping economics intermodal inventory ocean carriers

The Easiest Platform to Manage Shipments

Access Uber Freight’s network of more than 100,000 carriers, generate instant quotes, get competitive rates, tender loads in seconds, automate manual workflows, and track end-to-end load status from any device with this easy-to-use shipper platform.

Truck freight matching as factoring

Supply Chain and Logistics

Some large unicorn startups are targeting freight matching for truckers as a great way to guarantee better utilization of trucks for smaller independent truckers, and offer the additional benefit of helping sustainability. Empty return trips are definitely a source of … Continue reading → Logistics Managerial Econ Trucking factoring load matching trucking trucking cost

First European-owned vessel recycled at yard in the US

Supply Chain and Logistics

Seatrade reports that a European-owned vessel is in the US for shipbreaking. International Shipbreaking Limited (ISL) has invested a lot in bringing shipbreaking yards up to international standards for compliance with shipbreaking rules. It’s a great advance to have compliant … Continue reading → Logistics Shipping Sustainability economics labor relations shipbreaking

Trucking demand near recession levels: Bank of America

Supply Chain and Logistics

We’ve seen a catastrophic drop in demand for trucking freight. It’s natural given the very high prices for truck hauls recently. Now tender rejection, a measure of how often trucking firms reject contracted loads to go after higher-paying spot market … Continue reading → Logistics Trucking demand for trucking driver shortage labor economics truck freight rates trucking

Two less-obvious reasons why trucking capacity has remained so tight

Supply Chain and Logistics

Robinson is a well-established third-party logistics company, with close ties to academic communities of logistics experts, as well as broad contacts in the field. Their 2020 Annual Report shows revenues over $16 billion, and a $2.4 billion profit.

Top 5 Supply Chain Processes That Need Better Collaboration Right Now

A lack of collaboration is a leading cause of supply chain headaches. GEP offers 5 remedies to ease your pain. Download this guide for must-have tools and processes for better supplier interactions.

Vessel schedule reliability lowest on record

Supply Chain and Logistics

The nice graphs here show that ocean carrier schedule reliability is extremely low, hovering between 30 and 40%. The COVID years of 2020 and 2021 have seen a remarkable drop from the 70% to 80% reliability of 2018 and 2019.

Truck driver pay hurt by 84-year-old law

Supply Chain and Logistics

Truck drivers can’t get overtime pay, according to a US law. The law is old, and was passed to meet a need when trucking was regulated. with the shortage of drivers today, shouldn’t we look at allowing overtime pay? Doing … Continue reading → Labor Economics Logistics Trucking driver pay labor relations trucking issues

Upcoming European tsunami

Supply Chain and Logistics

I never heard of the European Union’s taxonomy regulation before. It’s designed to increase investment in green economic activities, and discourage investment in environmentally sensitive ones. Essentially it codifies the Poseidon Principles into an EU policy. The term ‘taxonomy’ comes … Continue reading → Logistics Shipping Sustainability green shipping ocean shipping sustainability

California inland port project a blueprint for a re-engineered US supply chain

Supply Chain and Logistics

It is interesting and useful to set these inland ports in agricultural areas, where the empty containers can be filled with ag products. The easy proximity will induce a lot more loads. Locating inland ports with prescribed connections to ports … Continue reading → Logistics Ports Supply Chains congestion inland ports intermodal supply chains

Market Insights Report: Top Trends for 2022 Planning and Beyond

The freight report you need for insights into where the industry is headed and how to stay resilient in 2022.

US container prices tumble as yards overflow with empties

Supply Chain and Logistics

Suddenly there is a glut of empty containers. And prices for empty containers have fallen, in some cases by almost 50%. That’s because the containers are jammed up and not going back to China, due to Chinese COVID shutdowns and … Continue reading → Logistics Supply Chains container shipping empty containers ports

Trucking key issues in 2021

Supply Chain and Logistics

One of my favorite sources for information about trucking and truck drivers is ATRI, the American Transportation Research Institute. It’s a nonprofit with board members from every aspect of the trucking industry.

Vietnam steel giant Hoa Phat moves into container manufacturing

Supply Chain and Logistics

Others are discovering that they can dump steel by making it into containers. While the Vietnamese steelmaker Hoa Phat mentioned in the article won’t be a large percentage of the demand, it’s significant. And since more goods are now being … Continue reading → Logistics Shipping Supply Chains Sustainability container manufacture container shipping empty containers supply chains sustainability

STB poised to decide reciprocal switching rules as shippers, railroads remain at odds

Supply Chain and Logistics

I think this time around all the good arguments are on the side of the shippers. Since moving to various forms of precision scheduled railroading (PSR), railroads have been passing longer delays on to customers. They don’t have the cover … Continue reading → Logistics Rail congestion delays PSR reciprocal switching STB

GEP Outlook 2022

The GEP Outlook 2022 report explores global business trends and features seven critical leadership themes that will help you proactively prepare for and power through the challenges ahead.

FMC commissioner red-flags Congress on China’s container monopoly

Supply Chain and Logistics

I am glad to see that the FMC has been looking at the container manufacturing situation. Their findings are clear– the Chinese virtual monopoly is harmful to most shippers in the aggregate. Prices have been artificially kept high. What to … Continue reading → Logistics Ports Supply Chains China container manufacture container shipping detention and demurrage empty containers FMC intermodal steel

Grain shippers want regulators to press railroads on service issues

Supply Chain and Logistics

Long delays for trains on rail networks are worrying for farmers and users of grain. Significant delays have been observed, including full trains sitting while customers waited for the grain onboard. Rails have been suffering trying to keep trains moving. … Continue reading → Logistics Rail Supply Chains delays grain shipping PSR supply chains workforce issues

US regulator probing China’s role in container shortage

Supply Chain and Logistics

The FMC is looking into Chinese control of containers and equipment to move them. Most containers and chassis are produced in China. So says Carl Bentzel, an FMC commissioner. China certainly has a large stake in production of both containers … Continue reading → Logistics Ports Shipping Supply Chains Sustainability China container shipping empty containers ocean shipping ports shipping delays

Maersk expands contract options amid rumours it intends to shun forwarders

Supply Chain and Logistics

In this article Mike Wackett quotes actual evidence that Maersk is going to reject forwarder and broker business soon. We’ve been expecting this for some time, as Maersk has been touting their new software for door-to-door shipping arrangements. The forwarders … Continue reading → Logistics Shipping Strategy Supply Chains blankings brokers container shipping contracts door-to-door supply chains

The Digital Levers You Need to Achieve Sustainable Cost Reduction

For supply chain and procurement pros, cost reduction is is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.

Berthing challenge for new transpac carriers arriving on the west coast

Supply Chain and Logistics

It seems that ocean carriers that own or have an interest in port terminals are getting preferentially served by those terminals. It’s what we would expect. But nowadays, it may mean months of delay for other ships, such as chartered … Continue reading → Logistics Ports Shipping Supply Chains container shipping delays ocean shipping ports preference unloading order

Port congestion cascades into intra-Asia services, disrupting container traffic

Supply Chain and Logistics

A sign of the disruption of container shipping processes is the dumping of cargo in Singapore. This article discusses some of the issues in East Asian ports. While there’s hope that ocean carriers will divert ships there, we don’t know … Continue reading → Logistics Ports Production Operations Shipping Supply Chains container shipping delays diversions port operations ports supply chains

Supply chain signals: New-container prices and production finally peak

Supply Chain and Logistics

There are some interesting statistics here about container production. The graph shows the price of new containers is dropping. Drewry estimates production this year will be somewhere around 4.5 million TEU, 70% of which is 40-foot containers. American companies are … Continue reading → Logistics Shipping Supply Chains container shipping cost of containers new containers supply chains

PierPass shelves permanent TMF plan as Long Beach calls for 24/7 supply chains

Supply Chain and Logistics

The problem with 24/7 operation at ports is that no one wants to pay for it. And that is despite the fact that the costs will probably wind up being added to the import cost and passed on to the … Continue reading → Logistics Ports Shipping Supply Chains 24/7 operation container shipping delays disruption ports supply chains terminal access terminals

How to Create Business Value with an Effective Supplier DEI Program

Supplier diversity programs can help enhance enterprise reputation, but what can they do for the bottom line? This new paper from GEP that provides a plan to create business value with an effective supplier DEI program. Read it now.