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Ocean Transportation: Page 109

Watch: No Relief This Year for the Global Supply Crisis

Patrick Penfield, a professor of practice in supply chain management and director of executive education at the Syracuse University Whitman School of Management, offers a view into supply chain congestion, delays and pricing for the remainder of this year.

The Supply Chain Crisis: No Relief in the Fourth Quarter

How Timing and Luck Kept Product Flowing for Ricoma in the Pandemic

In the midst of the worst global supply chain crisis in recent memory, some businesses are finding creative ways to get around severe congestion at seaports and inland freight terminals.

Photo courtesy of the Port of Los Angeles.

Thailand to Start Shipping Line to Boost Status as Logistics Hub

Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.

0924 Straitof Malacca

Logistics Costs Are Rising After 4% Drop Last Year: Report

Prices are increasing "most notably" in the parcel, storage and warehousing, international and ocean segments.

Photo: Bloomberg.

For Retailers, the Dream of High Demand Is Becoming a Nightmare

In any other year, expectations of strong sales for the upcoming holiday shopping season would be the fulfillment of a dream for retailers. Instead, it’s shaping up to be something of a nightmare.

FedEx Corp. couriers unload packages from a delivery truck. Photo: Bloomberg.

West Coast Logjam Has Enough Containers to Cross Half the U.S.

The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels late last week, carrying potential payloads of cargo boxes that would stretch halfway across the country if lined up end to end.

Shipping containers are stacked at the Port of Los Angeles. Photo: Bloomberg.

Shipping Insiders Caution Against New Capacity as Prices Surge

Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders.

Shipping containers on a cargo ship at Bayonne Terminal in Bayonne, New Jersey. Photo: Bloomberg.

Storms From Texas to China Set to Worsen Global Ship Snarls

Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by Mother Nature.

Photo: Bloomberg

The World’s Carriers Are Earning the Most Money Since 2008

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

A dockworker monitors a shipping container being loaded onto a freight train at Behala inland port in Berlin, Germany. Photo: Bloomberg.

Shanghai Halts Some Port Operations and Flights on Typhoon

Shanghai has halted some container port operations and will cancel most flights Monday and Tuesday as Typhoon Chanthu approaches the city, which is China’s financial capital and a major shipping hub.

Photo: Bloomberg

Watch: Will Biden’s Infrastructure Cure the Woes of Shippers and Carriers?

Simon Geale, executive vice president of procurement with Proxima, weighs the prospects for transportation infrastructure development under the initiative spurred by the Biden Administration and Congress.

Will Biden’s Infrastructure Cure the Woes of Shippers and Carriers?

Shipping Trade Groups Submit Plan for Global Carbon Tax

The International Chamber of Shipping, which represents more than 80% of the world’s merchant fleet, submitted a plan to the industry’s global regulator for a charge on carbon dioxide emitted by vessels.

An LNG-powered container ship operated by CMA CGM SA is docked at the Port of Singapore. Photo: Bloomberg.

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