by Jon Sabel | Apr 19, 2022 | Market Reports
Rate & Market Information The transpacific market slows down in April due to various factors, and one major factor is because of the serious COVID lockdown in China. As many as 45 cities in China are now implementing either full or partial lockdowns, including...
by Jon Sabel | Apr 19, 2022 | Industry News, Supply Chain Roundup
This week: The Port of Los Angeles could face additional backlog and congestion issues due to disruptions caused by Chinese lockdowns in Shanghai, FMC members encourage ocean carriers to avoid applying demurrage and detention fees concerning hold-ups from the...
by Jon Sabel | Apr 12, 2022 | Industry News, Supply Chain Roundup
This week: Trans-Atlantic trade slows down as the ports on the East Coast experience more congestion, while California’s ports look to inland container storage options to curtail their congestion problems. More reroutings and blank sailings occur as a direct result of...
by Jon Sabel | Apr 5, 2022 | Industry News, Supply Chain Roundup
This week: The US and UK strike a deal for aluminum and steel imports, high fuel prices continue to affect ocean carrier rates and inland cargo transport, FMC audit looks into carriers that have denied containers to US exporters, West Coast Asia imports at record lows...
by Jon Sabel | Apr 4, 2022 | Market Reports
Rate & Market Information COVID-19 outbreaks across China have led to widespread lockdowns in many cities. The reduced trucking capacity at many Chinese ports could see cargo volumes diminish temporarily as China battles the omicron surge. The supply chain...
