FreightWaves SONAR

FEBRUARY 23, 2021

Enterprise shippers have always been an integral part of the maritime shipping industry and its partnership with truck fleet management. And likewise, maritime transportation has been a dominant player in global transportation for decades. Take a look at 8 shipping challenges in the maritime, or ocean, mode.

Maritime 84

Maritime Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 84

MTS Logistics

SEPTEMBER 8, 2023

Fleet Overcapacity The container shipping industry has experienced significant growth in recent years, leading to an increase in vessel capacity. However, the economic slowdown has left many shipping companies with excess capacity, exacerbating the problem of overcapacity in the industry. Source: Clarksons, ING Research 3.

Analysis 101

Analysis Supply Chain Software Sourcing Supply Chains 101

The Logistics of Logistics

DECEMBER 6, 2021

Lauren is a seasoned maritime attorney and the founder of Squall Strategies , a boutique maritime consulting and legal solutions company and offers a wide range of consulting services to serve a variety of businesses and clients. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC.

Inventory Reduction 195

Inventory Reduction Material Savings Maritime Supply Chain Software 195

MTS Logistics

MAY 27, 2022

inventories and consumer behavior, and reconciling them with maritime supply/demand dynamics is getting harder each day. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping. The shipping ecosystem is ever-changing.

Global logistics 85

Global logistics Analysis Negotiate Pricing Negotiating Skills 85

MTS Logistics

DECEMBER 18, 2023

As we approach the conclusion of 2023, the maritime shipping industry faces challenges that have impacted ocean carriers with declined profits and increased price-driven competition. However, here is my take in terms of what to expect for ocean shipping and in the broader shipping industry.

Negotiating Skills 100

Negotiating Skills Price Reduction Industry Sourcing Strategies 100

MTS Logistics

AUGUST 2, 2023

Right now, over just the past two weeks, a lot is happening in the world of maritime shipping. In general, it’s been a busy summer season, and no one knows exactly what will happen in the near and distant future, but for sure it will be a bumpy ride for the industry as change comes. Here is a round-up of what you need to know.

Maritime 73

Maritime Negotiating Skills Sorting Supply Chains 73

ShipLilly

FEBRUARY 12, 2021

The coming months are going to be a real test of the shipping industry in terms of how it can manage capacity and coordinate to meet the needs of customers. The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. The statistics are startling.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

MTS Logistics

OCTOBER 6, 2023

A game-changing infrastructure project in the world of maritime transportation, the Stad Ship Tunnel is a planned canal and tunnel that will bypass the Stad peninsula in Stad Municipality, Vestland County, Norway. Once completed, the tunnel will provide a safe and efficient passage for the maritime industry.

Maritime 97

Maritime Supply Chain Planning Software Optimization Software Cost Reduction 97

MTS Logistics

AUGUST 25, 2023

Although we are unable to accurately predict the future, we are able to pinpoint some potential problems that the shipping industry may experience in the coming years based on current trends and difficulties. Also, automated and autonomous technologies have the potential to change the shipping industry and displace workers.

Supply Chain Software 76

Supply Chain Software Supply Chain Planning Software Industry Waste Reduction 76

MTS Logistics

NOVEMBER 9, 2022

In the wake of announcements from many players in the shipping industry that signaled a drop in the market last week, the U.S. The Path Forwards for the Shipping Industry. The response from the shipping industry has been resoundingly positive, with major announcements regarding support and compliance have come from many in the sector.

Industry 79

Industry Temperature Government Maritime 79

MTS Logistics

SEPTEMBER 18, 2023

The post Navigating the Challenge: The Analysis of Reduced Water Levels in Panama Canal appeared first on More Than Shipping. Collaboration between nations and a commitment to sustainable practices are key elements in this endeavor.

Resource Reduction 88

Resource Reduction Cost Reduction Analysis Supply Chains 88

MTS Logistics

FEBRUARY 14, 2022

Suddenly, an industry that was sailing in the sea, which was previously barely noticed by the masses, became a very visible target. The post Analysis: Are Shipping Companies Further Flaring Up Inflation? ports couldn’t process imports fast enough, truck companies lacked drivers, and warehouses ran out of space.

Analysis 83

Analysis Negotiating Skills Supply Chains Capacity 83

MTS Logistics

MARCH 7, 2022

However, when the speech and the underlying fact sheet is studied more closely, it unfortunately contains a range of misconceptions about how the shipping industry works. However, given the high level of political attention, it must be assumed that there will be some political action taken regarding the supply chain and shipping industry.

Supply Chains 104

Supply Chains Analysis Industry Study 104

MTS Logistics

DECEMBER 6, 2023

senator announced this week that he is working on new legislation that seeks to boost the commercial shipping industry, according to website Defense News. He went a step further, calling the commercial maritime industry an “economic and national security imperative.” A prominent U.S. First, the U.S.

Maritime 75

Maritime Military Industry Events 75

MTS Logistics

DECEMBER 21, 2022

As discussed over the past eight months on More Than Shipping, support to reach a carbon neutral future for the shipping industry by the year 2050 has grown. Last week in London, Nigeria, Chile, and Vietnam were among countries calling for a net zero, or carbon neutral, goal for the shipping industry by the year 2050.

Negotiating Skills 80

Negotiating Skills Industry Price Reduction Cost Reduction 80

MTS Logistics

FEBRUARY 18, 2022

It was initially established in 1937 after a strike that started in 1934 and the union has a contract with the Pacific Maritime Association that covers 29 container ports and 15,000 dockworkers. The post Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy appeared first on More Than Shipping.

Negotiating Skills 77

Negotiating Skills Analysis Supply Chain Software Automation 77

MTS Logistics

JANUARY 3, 2023

A lot can happen throughout the year, but I have listed our biggest predictions for ocean shipping and the broader shipping industry in 2023 below. This is in parallel with overall expectations from other industries, as the status quo will be the same for many different sectors. Lower freight rates. Increased regulatory involvements.

Negotiating Skills 106

Negotiating Skills Industry Tracking and Tracing Inventory Reduction 106

MTS Logistics

APRIL 15, 2022

However, the main question for the shipping industry has always been locating less-challenging places to ship cargo from. The post Analysis: Should You Redirect Your Cargo and If So, Where? The first seaport to be affected by the crisis was the Ports of Los Angeles and Long Beach, which are still somewhat congested to this day.

Analysis 84

Analysis Cargo Expense Reduction Supply Chains 84

MTS Logistics

APRIL 3, 2024

Source: Descartes Datamyne™ Transit Times The difference between ETA (estimated time of arrival) and ATA (actual time of arrival) serves as a crucial metric for evaluating the efficiency of transit times within the maritime industry. Since the beginning of the pandemic, port delays have a notable surge, affecting global supply chains.

Sourcing Strategies 95

Sourcing Strategies Maritime Sourcing Maintainability 95

MTS Logistics

FEBRUARY 25, 2022

Industrial material production, food production, retail sales, and manufacturing continue to all be affected by this problem. Shipping industry analysts reported that blank sailings during the first nine months of 2021 were 7.7 The shipping industry’s reverse trip grew 6-7 times higher than before. Shipping rates.

Analysis 75

Analysis Price Reduction Expense Reduction Material Savings 75

MTS Logistics

APRIL 8, 2024

The master contract between the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) expires on September 30th, 2024. The United States Maritime Alliance (USMX) represents employers of the longshore industry in those regions at 46 ports. 30th expiration date. 30th expiration date.

Supply Chain Software 75

Supply Chain Software Maritime Supply Chains Conference 75

MTS Logistics

APRIL 26, 2024

Port Operating Area The Port Operating Area is the primary zone where port activities will take place, encompassing docks, breakwaters, maritime entrance channels, bulk and roll-on/roll-off container storage areas, maintenance zones, and workshops.

Construction 94

Construction Maritime Supply Chain Software Logistics Network Optimization Software 94

MTS Logistics

DECEMBER 11, 2023

A prominent climate conference has led to new progress on shipping industry climate regulations. Now, it has been announced that over 60 private and public maritime organizations, as well as various governments at the national and regional levels have banded together to make a bold commitment.

Meeting 79

Meeting Groups Negotiating Skills Supply Chain Planning Software 79

Logistics Business Magazine

JANUARY 11, 2023

Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. Another key trend on the list is around the digital transformation of the industry. The overall outlook for the year 2023 remains gloomy.

Supply Chain Software 62

Supply Chain Software Supply Chains Industry Negotiating Skills 62

MTS Logistics

OCTOBER 20, 2023

The EU ETS targets entities that produce a significant amount of greenhouse gas emissions, such as heavy industries (cement, steel, and chemical), aviation, oil refineries, and more recently: shipping. The maritime industry is responsible for a significant amount of carbon emissions.

Price Reduction 76

Price Reduction Maritime Industry Efficiency 76

MTS Logistics

JULY 17, 2023

Since the end of the Covid pandemic, one of the dramatic results has been the increase in labor strife in the logistics industry. West Coast dockworkers to Canadian West Coast dock workers to UPS, there does not seem to be an end to the labor issues in our industry. It seems like everyone is upset and angry. freight railroads to U.S.

Negotiating Skills 73

Negotiating Skills Industry Buyer Training Cost Reduction 73

MTS Logistics

APRIL 22, 2024

The largest ocean carrier in the world, Mediterranean Shipping Company (MSC), has been accused by the Federal Maritime Commission (FMC) of engaging in numerous violations of the Shipping Act. Since the Covid era, the FMC has received excessive complaints about the carrier’s malpractices.

Maritime 67

Maritime Picking Supply Chains Industry 67

MTS Logistics

AUGUST 14, 2023

The once-tranquil seas are undergoing noticeable transformations, with the impacts of rising temperatures affecting maritime operations. From restructuring trade routes to adhering to strict regulations, the shipping industry faces a host of new challenges as it seeks ways to a more sustainable route.

Maritime 78

Maritime Temperature Exercises Scenario Planning 78

MTS Logistics

OCTOBER 2, 2023

China’s maritime prowess is undeniable as it surpasses the 200 million TEU mark in container throughput from January to August 2023, representing a robust 4.8% The Port of Shanghai, the world’s largest and busiest container port, is at the forefront of the maritime charge, processing a remarkable 32 million TEUs.

Handling 84

Handling Maritime Cargo Industry 84

MTS Logistics

MAY 1, 2024

Maritime & Trade Operations relayed a statement from a Company Security Officer confirming damage to the vessel but assuring the safety of its crew, who are proceeding to their next port of call. The rebels boasted of the attack’s precision, claiming to have hit the vessel, Cyclades. According to U.S.

Maritime 82

Maritime Cost Reduction Military Security 82

MTS Logistics

JULY 1, 2022

On the other hand, this discount could cause issues, According to Lars Jensen, CEO of liner consultancy Vespucci Maritim, and MoreThanShipping.com contributor. The post French Officials Call on the Shipping Industry to Help Fight Inflation appeared first on More Than Shipping. The Question Mark.

Price Reduction 86

Price Reduction Industry Cost Reduction Government 86

MTS Logistics

JANUARY 8, 2024

What comes next for rates and the industry? East Coast traverses via the Suez Canal, many industry experts anticipate much of this volume will be diverted to the U.S. From Shanghai to Genoa, for example, the weekly change in rate has increased from $1,956/FEU to $4,178/FEU according to Drewry Supply Chain advisors. In the Asia to U.S.

Supply Chains 75

Supply Chains Maritime Analysis Tips 75

MTS Logistics

APRIL 5, 2023

What does the industry expect from the latest OPEC+ move? Only time will tell what will actually happen in the market, but if history is any guide, the tanker industry is in for a rough few weeks and months. The post Tanker Industry Braces for Impact from Latest OPEC+ Production Cuts appeared first on More Than Shipping.

Price Reduction 74

Price Reduction Production Industry Maintainability 74

Freightos

FEBRUARY 28, 2024

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Despite assessments that US and UK strikes have significantly degraded Houthi capabilities , Red Sea attacks – including a missile strike on a bulk carrier that resulted in an oil spill – have continued.

Negotiating Skills 71

Negotiating Skills Optimal Sourcing Demo Maritime 71

MTS Logistics

MARCH 25, 2024

Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. The terms, conditions, and prices for shipping products in ocean freight containers are governed by these contracts.

Negotiating Skills 79

Negotiating Skills Freight Price Reduction Expense Reduction 79

MTS Logistics

NOVEMBER 15, 2021

So, I decided to not write about all the issues with the supply chain, but rather where those issues will take us as an industry from the corporate to individual level. So, how will the shipping industry look in 2-3 years from now? In the shipping industry, there are so many moving parts within so many different technology levels.

Industry 93

Industry Supply Chain Software Sourcing Strategies Price Reduction 93

MTS Logistics

MAY 2, 2022

The maritime shipping industry has seen the many ups and downs of positive and negative developments since Covid first emerged over two years ago. As recently reported by the Maritime Executive, one large furnishings company is seeing the results of a potential slowdown in real-time.

Negotiating Skills 85

Negotiating Skills Maritime Inventory Reduction Cost Reduction 85