China to US ocean shipping rates fall 40%

West Coast import volumes are also down year-over-year, although analysts expect more front-loading of inventory in anticipation of December tariffs.

By Matt Leonard • Oct. 23, 2019

CMA CGM offers financing, extended payment deadlines for shippers

The French carrier seeks to offer financial relief in the form of improved cash flow to companies working to mitigate the instability of the current trade environment.

By Morgan Forde • Oct. 22, 2019

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Top 5 stories from Supply Chain Dive

Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.

By Supply Chain Dive staff

An uncertain economy muddies the waters for IMO 2020 planning

The unknowns then remain the unknowns today: Will there be sufficient low-sulfur bunker produced to meet demand, and/or will the price of existing high-sulfur bunker drop sufficiently to make installing expensive scrubbers cost-effective?

By Patrik Berglund, CEO and Co-founder at Xeneta • Oct. 21, 2019

MSC will not use the Northern Sea Route, citing environmental impact

While the route is shorter than existing Europe-Asia lanes, many carriers argue using the route is not worth the risk of damaging vulnerable Arctic ecosystems.

By Morgan Forde • Oct. 18, 2019

IBM Food Trust partners with Raw Seafoods to tackle traceability with blockchain

Upstream visibility in the seafood supply chain is particularly challenging because the location and size of a catch can vary widely from day to day.

By Morgan Forde • Oct. 17, 2019

Drewry launches fuel pricing transparency tool ahead of IMO 2020

The index is designed to get shippers and carriers on the same page by setting standards and definitions for bunker price measurement periods, BAF adjustment periods and fuel reference prices.

By Matt Leonard • Oct. 15, 2019

DSV Panalpina will target road transport for next M&A

The freight forwarder's chairman said the next acquisitions would likely take place in 12 to 18 months, after the integration of Panalpina.

By Shefali Kapadia • Oct. 9, 2019

How carriers handle IMO 2020 could affect capacity: Drewry

Ocean carriers should be able to recover the cost of the necessary fuel shift. But if they can't, shippers may experience restricted capacity. 

By Matt Leonard • Oct. 9, 2019

DHL: Global trade to slow over next 3 months

DHL's Global Trade Barometer index sits at 47, indicating overall negative growth.

By Morgan Forde • Sept. 27, 2019

Coalition of shippers and carriers seeks zero-emission ocean shipping

The Getting to Zero Coalition announced this week it would begin a push to decarbonize the ocean shipping industry in line with Paris Agreement targets.

By Matt Leonard • Sept. 24, 2019

Maersk, Ports America invest $19M in Loadsmart Smart Drayage initiative

The Smart Drayage program, which matches containers with trucks based on ease of access, load times and haul distances, promises to reduce truck time spent at a port by 25% and container shuffles by 50%. 

By Morgan Forde • Sept. 6, 2019

Maersk creates platform to manage US, Canada customs using 1 broker

The tool, known as Maersk Customs Navigator, follows the Danish carrier's acquisition of customs broker Vandegrift in February. 

By Shefali Kapadia • Sept. 5, 2019

Drewry: Reefer availability will be tight going into peak season

The squeeze is due to a "dramatic halt in reefer equipment expenditure" that took place in 2016, according to Drewry.

By Morgan Forde • Sept. 4, 2019

FedEx to acquire freight forwarder Cargex

The company, based in Latin America, will complement FedEx Express' newly announced roundtrip Colombia-to-Miami flight, an executive said in a statement.

By Matt Leonard • Aug. 30, 2019

Preparing for Brexit, UK plans $36.6M in grants for port upgrades

The U.K. Department for Transport announced this morning it will allocate 30 million British pounds ($36.6 million) to improve infrastructure at, and connecting to, major ports in anticipation of increased traffic and wait times in the event of a no-deal Brexit this fall.

By Morgan Forde • Updated Aug. 30, 2019

Spot rates from China to US drop 30% from last year

Meanwhile, import volume into West Coast ports was virtually flat in July compared to the same month in 2018.

By Matt Leonard • Aug. 27, 2019

CMA CGM pledges to forgo Northern Sea Route, citing environmental concerns

The carrier cited concerns about damaging Arctic and global ecosystems in its decision to avoid the shipping route.

By Morgan Forde • Aug. 26, 2019

Maersk, BlackBuck launch digital trucking platform in India

The goal is to use the digital platform to reduce the number of touch points in the supply chain, a continuation of Maersk's strategy to expand its end-to-end containerized freight services.

By Morgan Forde • Aug. 23, 2019

Maersk: Trade war could pull down container volumes

The carrier's CEO said the newly announced China tariffs could result in volumes dropping by 1% by this time next year.

By Matt Leonard • Aug. 15, 2019

CMA CGM rolls out fully electronic bills of lading

The carrier announced a suite of upgrades to its eBusiness platform this week in an ongoing bid to advance digitalization and efficiency.

By Morgan Forde • Aug. 9, 2019

Hapag-Lloyd freight rates rise 5% amid high demand

The German container line warned ongoing global trade tensions could have a negative impact on volumes, and in turn, rates. 

By Shefali Kapadia • Aug. 8, 2019

Distributors rely on efficient ports, Class A warehouses

Finding sites with access to a qualified workforce, reliable supply chain and near-Port, Class A warehouses are crucial to success.

Aug. 6, 2019

Google pledges carbon-neutral shipping by 2020

A shift from air freight to ocean shipping for many of the tech giant's hardware products has already brought per-unit emissions down by 40% between 2017 and 2018.

By Morgan Forde • Aug. 5, 2019

10% China tariffs and the supply chain scramble

The tariffs will come as importers ramp up shipments for peak season, creating the potential to disrupt global supply chains and trade flows for the remainder of the year. 

By Shefali Kapadia • Aug. 2, 2019

Ports of Virginia, Savannah see record volumes

Stockpiling due to tariffs and port infrastructure investments drove high import volumes at the two ports. 

By Matt Leonard • Aug. 1, 2019