Remove Long Beach Remove Shipping Remove Sourcing
article thumbnail

Improved Supply Chain Visibility Requires an End-to-End Solutions

Logistics Viewpoints

The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.

article thumbnail

Indications of Peak Reached in Global Container Shipping

Supply Chain Matters

Current published reports and available industry data reinforce indications that the peak both in volume and in ocean container shipping rates may have been reached. Once more, current longer term industry trends imply a period of excess global container vessel ship capacity by 2026. Observed was that the ratio of U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When it Comes to Ocean Shipping, We Have to See Beyond Today’s Squalls and Plan for the Long Term

Logistics Viewpoints

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

article thumbnail

One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)

Logistics Viewpoints

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. This is an 80% drop year on year drop. This needs to be done carefully, a company needs to make sure they don’t force their key vendors into bankruptcy.

article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. But that’s changed. Logistics is global.

Global 411
article thumbnail

This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency. With a turn of ceremonial dirt, Long Beach Mayor Rex Richardson, Congressman Robert Garcia and U.S. Secretary of Transportation Pete Buttigieg broke ground on a $1.6

article thumbnail

Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

With summer winding down, we take a look back at the major trends that occurred in ocean shipping in the first half of 2021 and reflect on what your organization can do to proactively prevent major supply chain disruption. The import dwell times at the Port of Long Beach fluctuated throughout the first half of 2021, with a high of 9 days.