While many ports are currently experiencing no issue, or are even quiet, the fallout of the week-long Suez Canal closure in March is likely to impact supply chains through to June and possibly beyond, into the traditional peak season. Early indications suggest some ports are managing rising inbound Suez-delayed vessel numbers without major delays, while others are …
Nine consecutive months of record breaking imports from Asia together with global supply chain volatility and uncertainty, is congesting US terminals and choking the inland supply chain infrastructure. Booming US imports from Asia accelerated even further in March, to 1.66 million TEU, up an astonishing 90.5% from the same period in 2020. The top 13 …
The ability to track shipments in transit enables shippers to manage inventory in motion, limit disruptions and mitigate risk. But with shipping schedules currently in tatters, the lines’ predictive locations tools are not reliable, leaving Metro to find a solution. Real-time shipment tracking, provides a clear view of inventory, location, route and transit, which enables …
The ongoing labour dispute, which resulted in 19 days of strikes last summer, has escalated sharply in recent days, with shippers diverting cargo through Halifax and other ports. Tension was already building when the seven-month truce, after last summer’s strike, ended in late March, with both sides accusing each other of negotiating in bad faith and in …
Achieving cost-savings is always primary buying objective, but procurement’s true value is realised by delivering benefits beyond monetary savings. We consider some the challenges currently facing procurement and the responses of a function that is no longer just about sourcing services and reducing cost. 1. Pandemic Procurement has gained greater credibility over the last 12 …
The 400m long vessel blocked the canal for six days and more than a dozen tug boats, multiple dredgers and 800 personnel were used in the recovery operation, with Egyptian authorities reportedly seeking more than $1 billion in damages to cover these costs and the loss of canal revenue. The Ever Given’s owners notified Evergreen on …
The latest air cargo figures from the International Air Transport Association, the trade association of the world’s airlines, shows that while demand is growing ahead of pre-Covid levels, capacity is impeding growth and keeping prices far above the pre-pandemic levels. Measuring air freight demand by cargo tonne km (CTKs) IATA’s February 2021 figures show growth …
Terminal operations and supporting infrastructure at the most important mainland European and UK ports will be put under immense pressure over the next four weeks, as they try to work through the backlog of 1.9m teu delayed by the six-day Suez Canal closure. Over 370,000 teu is currently en route to Singapore, adding to the …
Last weekend may be the first one our Transport Manager, Simon Balfe, hasn’t seen a Ultra Large Container Vessel (ULCV) on a berth at Felixstowe, but that hasn’t deterred the port from investing in its capacity to handle more of these gargantuan craft. Many of which are en-route, bunched-up after the Suez blockage. ULCV’s are the giants …
Having just come through a full weekend lockdown, Maharashtra state (location of the major port of Nava Sheva) government imposed lockdown-like curbs, including curfews, in the state from 8pm on 14th April for the next 15 days for everything but essential services, which includes transport, supply chain and customs operations, with Bangladesh entering a week …