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What’s Up with Exploding Ocean Container Shipping Costs

Supply Chain Matters

Supply Chain Matters highlights for readers indications that ocean container shipping spot rates involving routings from China and Asian ports to the U.S. The May report indicated that the Transportation Price index increased 13.7 The key drivers are noted as ship and empty container shortages. are exploding.

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This Week in Logistics News (July 6 – 12)

Logistics Viewpoints

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. shipping containers and stacking them up to six high. shipping containers and stacking them up to six high.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Earlier this month, the forecast was revised to an expected 2.5

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part One

Supply Chain Matters

The year featured continual component shortfalls, explosive inbound materials cost increases and continuous global transportation disruptions. Upwards of over 100 container ships were queued across the Pacific Ocean seeking to be processed by the major U.S. Current Year 2022. seen as a likely alternative.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part Three

Supply Chain Matters

In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. Mid-Year Global Transportation Assessment.

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Supply Chain Matters News Capsule Follow-Up- August 17 2022

Supply Chain Matters

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Labor Tensions on Rise Across Global Transportation Networks. Last week’s development was an important and critical milestone for the 787 program, as well as this manufacturer’s global based supply network. . . Across the U.S. ,