Maritime: Page 23
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Wayfair cites ocean shipping disruption, port congestion for in-stock issues
The retailer expects it could take a "few months" to get back to the in-stock levels it usually tries to maintain, one executive said.
By Matt Leonard • March 1, 2021 -
Crocs: Redundancy in ocean freight contracts takes priority over cost
The footwear brand's logistics director said a turbulent market with high consumer demand proves container shipping is a commodity, not a service.
By Matt Leonard • Feb. 26, 2021 -
Explore the Trendline➔
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TrendlineTop 5 stories from Supply Chain Dive
Here’s how companies are navigating evolving global trade and tariff policies, rising costs and operational uncertainty across supply chain networks.
By Supply Chain Dive staff -
No rate relief in sight for ocean shippers as Lunar New Year passes
If consumer spending doesn't fall off during 2021, the ocean shipping industry could be in for a busy and record-breaking year, one analyst predicted.
By Matt Leonard • Feb. 23, 2021 -
Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers
The Federal Maritime Commission said failing to follow the agency's interpretive rule on detention and demurrage "might constitute a violation of" the Shipping Act.
By Matt Leonard • Feb. 18, 2021 -
Expeditors: 'Severely' misaligned freight market spikes ocean, air rates
"We moved more freight in the fourth quarter of 2020 than in any other quarter in our history," the company's CEO said in its earnings release.
By Matt Leonard • Feb. 17, 2021 -
4 charts show the effects of West Coast port congestion and supply chain delays
The ports of Los Angeles and Long Beach have been overburdened with a deluge of container imports over the last few months.
By Matt Leonard • Feb. 16, 2021 -
FMC to discuss 'big, huge step' related to detention, demurrage and container returns
The commissioners will meet as ports face congestion issues resulting from record import levels and shippers deal with a container imbalance that is increasing the price of equipment.
By Matt Leonard • Feb. 11, 2021 -
Maersk: Contract, short-term rates up across the board
The carrier expects a high freight rate environment to continue through Q1 before easing in Q2, though "it is really hard to predict the demand patterns for 2021," the company's CFO said.
By Matt Leonard • Feb. 11, 2021 -
DSV Panalpina ready for 'M&A adventures'
The CEO said its preferred acquisition is a large, global forwarder with similar characteristics as DSV, as the company seeks a larger share of the fragmented market.
By Shefali Kapadia • Feb. 11, 2021 -
NRF expects record imports through June, with retailers buying goods early to ensure carrier space
Tight capacity has pushed spot rates to more than double over the last year and caused an uptick in rolled cargo.
By Matt Leonard • Feb. 10, 2021 -
Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean
The fitness equipment company is spending $100 million to speed deliveries to frustrated consumers.
By Shefali Kapadia • Feb. 8, 2021 -
The Container Store: 3PL surcharges 'much more impactful' than expected
The retailer pegged a double-digit slide in its margins on increased shipping costs that "more than offset" a nearly 21% YoY increase in sales, executives said this week.
By Matt Leonard • Feb. 5, 2021 -
Harbor truckers dispute millions of detention, demurrage charges as fees surpass $200
Trucking firms may pass added costs down to shippers, depending on the relationship, as well as the terms of the contract between the two parties, HTA's CEO said.
By S.L. Fuller • Feb. 3, 2021 -
Deep Dive
Why the empty container math doesn't add up in US exporters' favor
What led to a global imbalance of available shipping containers? And what were the effects on U.S. businesses?
By Matt Leonard • Feb. 3, 2021 -
FMC calls on Biden to prioritize vaccines, PPE for port workers
Unions and groups representing maritime employees reported nearly 2,000 COVID-19 cases since March 2020.
By Matt Leonard • Feb. 1, 2021 -
Is Lunar New Year the turning point for equipment shortages?
Manufacturers are operating at full capacity to produce containers. It's just a matter of moving the new equipment to where it's needed.
By Matt Leonard • Jan. 27, 2021 -
Ocean rates rose through January as ports report record year
Carriers have held off on the blank sailings that usually happen around Lunar New Year, but one forwarder suggested booking loads for spring now as capacity is strained.
By Matt Leonard • Jan. 22, 2021 -
Rolled cargo ticks up at 75% of ports worldwide: Ocean Insights
Shippers are also dealing with an increased rate of blanked sailings to start 2021. Blanked capacity is expected to reach 13% and 11% of overall capacity in the third and fourth week of January, respectively.
By Matt Leonard • Jan. 20, 2021 -
Column
Patent Pending: Walmart plans automated order picking, Target floats RFID for freight tracking
Supply chain innovators apply to patent what they see as important tools for the future. Sometimes they're brilliant. Sometimes they're funny.
By Matt Leonard • Jan. 15, 2021 -
Deep Dive
Damco is gone. Where do Maersk, freight forwarders and shippers go from here?
Shippers face a choice as they plan freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a diversified carrier network.
By Shefali Kapadia • Jan. 13, 2021 -
European shippers say ocean carriers broke contracts, call on regulators to step in
Authorities in China and South Korea and the Federal Maritime Commission in the U.S. are also examining ocean shipping practices and container availability.
By Matt Leonard • Jan. 7, 2021 -
Maersk works with stakeholders on port congestion, export issues
The carrier wants to increase dual transactions at its Los Angeles terminal to help with congestion but didn't provide specifics on improving the equipment availability for exporters.
By Matt Leonard • Jan. 4, 2021 -
Refusing US export cargo may violate Shipping Act, FMC warns in letter to carrier association
The ideal situation is industry works out a solution on its own, one commissioner said. But the agency could open a new investigation and has the power to levy fines if the alleged behavior continues.
By Matt Leonard • Dec. 21, 2020 -
Container movement lags at Port of Los Angeles as unseasonably high imports arrive
Dozens of container ships are idling off the Southern California coast, a sign of "the sheer amount of traffic" at the Port of Los Angeles, said Executive Director Gene Seroka.
By Matt Leonard • Dec. 16, 2020 -
Containers, port congestion subject of upcoming FMC meetings with 6 ocean carriers
The Federal Maritime Commission has suggestions for how the carriers can improve container movement, but the agency doesn't have plans for enforcement.
By Matt Leonard • Dec. 15, 2020