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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
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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.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Global shipping is national news with most stories covering the symptoms. When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. meters, to accommodate ships with 20 rows of containers) and 15.2

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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.

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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.

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When The Chickens Come Home To Roost

Supply Chain Shaman

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.

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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.