by Jon Sabel | May 17, 2022 | Market Reports
Rate & Market Information The transpacific market has slowed down since mid-March and we expect to continue till end of May. However, we do expect a peak season starting in June up till October after various locations in China start getting back to order...
by Jon Sabel | May 17, 2022 | Industry News, Supply Chain Roundup
This week: Uncertainty over the effects of Shanghai reopening is leaving many shippers and forwarders wary of a coming spike in import cargo, while others predict a slow and gradual return to normal A private equity fund purchases majority shares in NVO company Honour...
by Jon Sabel | May 10, 2022 | Industry News, Supply Chain Roundup
This week: Hapag-Lloyd will soon install new container tracking devices in the entirety of their dry container fleet, which could spark changes throughout the industry. Slight drops in import volume from Asia to the US are a welcome reprieve for ports and storage...
by Jon Sabel | May 3, 2022 | Industry News, Supply Chain Roundup
This week: An import surge from China to the USA continues to build as Shanghai remains in lockdown, while the current freight surge to the US East Coast leaves the NY-NJ port congested with empty containers. Due to cargo rerouting, delays at Shanghai’s neighboring...
by Jon Sabel | Apr 26, 2022 | Industry News, Supply Chain Roundup
This week: Progress continues in ports as carriers make large sweeps of empty TEU containers, while smaller US importers pressure the Federal Transport Commission to investigate supply chain disruptions as it becomes increasingly harder to secure carrier space for...