Maritime: Page 21
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FMC picks 24 shippers to advise it on container issues
With Daniel Maffei as chairman, the agency will seek advice from importers and exporters while also looking to modernize the Shipping Act.
By Matt Leonard • Updated Sept. 10, 2021 -
Sea-to-air conversions drive up airfreight rates on Transpacific
Tight capacity and volatility in the air cargo market leads many shippers to seek longer-term contracts with their carriers.
By Matt Leonard • May 10, 2021 -
Suez jam, recalls pile on Peloton's supply chain costs
Expedited shipping allowed Peloton to deliver more products and reduce its inventory backlog, but it chipped away at margins.
By Shefali Kapadia • May 7, 2021 -
Maersk increases contract volumes, hikes renewal rates
Some of the multi-year contracts are using a fixed rate for the first year before switching to an index-linked rate in later years, the CEO said.
By Matt Leonard • May 6, 2021 -
Triton grows container fleet with $2.6B investment
The figure covers 890,000 TEUs, as carriers and shippers struggle with equipment shortages.
By Matt Leonard • May 4, 2021 -
Deep Dive
How construction is using technology to mitigate supply disruptions
Soaring material costs and supply chain woes threaten the industry's rebound.
By Joe Bousquin • April 30, 2021 -
DSV's Agility M&A builds scale, clout in fragmented forwarding market
DSV feeds its appetite for acquisitions with a deal valued at more than $4 billion.
By Shefali Kapadia • April 28, 2021 -
Tesla faces 'insane' supply chain headwinds, from semiconductor shortages to port congestion
The manufacturer is building factories as quickly as possible and aims to double supplier capacity next year, executives said.
By S.L. Fuller • April 28, 2021 -
Suez effects to stretch into June, container shortage to worsen
The Port of Antwerp said the blockage is expected to result in delayed ship calls and general operational challenges "throughout Q2."
By Matt Leonard • April 26, 2021 -
5 freight technologies send supply chains on a greener path
A growing level of shipper interest, along with pressure from the public and regulators, is driving carriers to invest in more sustainable delivery options.
By Matt Leonard , S.L. Fuller • April 21, 2021 -
Ports break records with off-peak import deluge in March
Imported TEUs grew by almost 51% YoY across the U.S. in March, and the demand is expected to continue through the summer.
By Matt Leonard • April 19, 2021 -
Supply chains brace for container issues, blank sailings as ships cleared from Suez arrive at ports
Hapag-Lloyd reported some disruptions in its network with equipment shortages in Germany, Austria, Switzerland, Hungary and Czech Republic.
By Matt Leonard • April 15, 2021 -
9 charts show the highs and lows of supply chains in Q1
By the end of March 2021, supply chains had spent more than a year fighting the fires of the pandemic.
By Shefali Kapadia , Matt Leonard • April 14, 2021 -
Ever Given, general average and why shippers will share the costs of a ship's rescue
Shippers are in for a lengthy and complicated process to collect cargo and provide documentation to adjusters.
By Matt Leonard • April 8, 2021 -
Retrieved from NASA on March 31, 2021
Walmart, H&M among retailers in US most exposed to Suez Canal disruptions
Construction and chemical companies are also expected to feel the impact, as more than 300 vessels wait to pass through the canal.
By Matt Leonard • March 31, 2021 -
The image by Axelspace Corporation is licensed under CC BY-SA 4.0
Suez backlog starts moving, but port congestion expected to follow
Dozens of container ships missed ETAs at ports of call, and Maersk expects it to take a week to clear the backlog.
By Matt Leonard • March 30, 2021 -
Shippers assess impact to cargo as Ever Given is freed from Suez Canal
Ikea confirmed it has containers on ships waiting to pass through the Suez Canal and said it "will consider all supply options available to secure the availability of our products."
By Matt Leonard • March 29, 2021 -
Container ships steer toward longer route around Cape of Good Hope to avoid Suez Canal
A Friday attempt to refloat Ever Given was unsuccessful, the vessel's technical manager said, and one analyst said the ship could be stuck for weeks.
By Matt Leonard • March 26, 2021 -
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 -
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 -
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 -
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