OCEAN FREIGHT 5/13

New figures suggest shipping rates may have passed their peak – but supply chain crisis to continue

Raymond STERN

Oct 7, 2021

New figures suggest shipping rates may have passed their peak – but supply chain crisis to continue

Shipping rates from China to the US have “finally slumped” with spot rates halved on some routes due to power cuts and Covid-19 outbreaks...

ZIM Establishes Ship4wd™, a New Digital Freight Forwarding Company

Raymond STERN

Oct 5, 2021

ZIM Establishes Ship4wd™, a New Digital Freight Forwarding Company

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the creation of a new subsidiary, Ship4wd, a digital freight forwarding...

Cost of shipping between China and U.S. plunges

Raymond STERN

Oct 3, 2021

Cost of shipping between China and U.S. plunges

Looming off-season and power crunch have forced prices down after record highs. Yangshan Deep Water Port in Shanghai. Shipping costs from...

Rising holiday toy demand faces supply chain hurdles as costs and shipping delays threaten shopping

Raymond STERN

Sep 30, 2021

Rising holiday toy demand faces supply chain hurdles as costs and shipping delays threaten shopping

Nathan Resnick, Sourcify Founder joins Yahoo Finance’s Aarthi Swaminathan with the latest from Sourcify as holiday toy demand faces...

Port of L.A. Director Says More Federal Funding Needed for West Coast

Raymond STERN

Sep 29, 2021

Port of L.A. Director Says More Federal Funding Needed for West Coast

Port of Los Angeles Executive Director Gene Seroka talks about easing the bottleneck at his port and others along the west coast. He says...

Project Cargo Summit online 2021 Creating a predictable supply chain

Raymond STERN

Sep 28, 2021

Project Cargo Summit online 2021 Creating a predictable supply chain

How does the shortage in vessel space for containers effect the transport of breakbulk cargoes and project cargo? Do you opt for a liner...

Container ships now piling up at anchorages off China’s ports

Raymond STERN

Sep 23, 2021

Container ships now piling up at anchorages off China’s ports

More signs that trans-Pacific liner capacity has overwhelmed port capacity. There are over 60 container ships full of import cargo stuck...

Nike Call Shows How Complicated and Messy Logistics Have Become

Raymond STERN

Sep 23, 2021

Nike Call Shows How Complicated and Messy Logistics Have Become

After spending a few minutes talking about triumphs at the Olympics, buzzy sneaker drops and a headquarters tour with LeBron James, Nike...

DSV inaugurates its largest logistics centre in Africa

Raymond STERN

Sep 22, 2021

DSV inaugurates its largest logistics centre in Africa

DSV has opened a logistics headquarters for its Africa operations in Gauteng in South Africa. Located near OR Tambo International...

Maersk launches first Jafza warehousing and distribution center in the country

Raymond STERN

Sep 22, 2021

Maersk launches first Jafza warehousing and distribution center in the country

Maersk Kanoo Emirates, the provider of integrated logistics services for container transport, has signed an agreement with Jebel Ali Free...

The Inside Story of the Ship That Broke Global Trade

Raymond STERN

Sep 20, 2021

The Inside Story of the Ship That Broke Global Trade

The six-day stranding of the Ever Given in the Suez Canal last March did something incredibly rare: it made regular people care about...

Raymond STERN

Sep 20, 2021

A tsunami of change for ocean freight

Ocean freight challenges are expected to last well into 2022, CSCMP panelists say. It’s been a rough ride for ocean freight of late....

Freight costs keep surging despite shipping giants freezing prices

Raymond STERN

Sep 20, 2021

Freight costs keep surging despite shipping giants freezing prices

Shipping costs are continuing to rise despite some carriers suspending rate increases and investigations by competition regulators, with...

Agility Chairperson Henadi Al-Saleh speaks about digital transformation at Agility (AR)

Raymond STERN

Sep 19, 2021

Agility Chairperson Henadi Al-Saleh speaks about digital transformation at Agility (AR)

Agility Chairperson Henadi Al-Saleh spoke at a panel during the launch of the Sahel application. The Sahel application, launched by the...

Raymond STERN

Sep 17, 2021

A perfect storm for container shipping

Will prolonged disruptions shift the pattern of trade? A giant ship wedged across the Suez canal, record-breaking shipping rates, armadas...

‘Just Get Me a Box’: Inside the Brutal Realities of Supply Chain Hell

Raymond STERN

Sep 15, 2021

‘Just Get Me a Box’: Inside the Brutal Realities of Supply Chain Hell

Logistics managers are battling the pandemic, a labor shortage, and huge demand to get goods to your front door. It’s mid-August, and...

Carriers blank nearly half of all Asia – Middle East sailings

Raymond STERN

Sep 14, 2021

Carriers blank nearly half of all Asia – Middle East sailings

Consumers in the Middle East face slimmer choices in the shops as global liners shun the region in favour of the higher paying main...

Raymond STERN

Sep 14, 2021

Carriers blank nearly half of all Asia – Middle East sailings

Consumers in the Middle East face slimmer choices in the shops as global liners shun the region in favour of the higher paying main...

Raymond STERN

Sep 14, 2021

Startup HUUB acquired by Maersk

Today A.P. Moller – Maersk (Maersk) announces the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialised in...

Cargo rate freeze won't solve shipping strains

Raymond STERN

Sep 12, 2021

Cargo rate freeze won't solve shipping strains

Wider range of Chinese exports to US face delays, including Christmas gifts Recent moves made by international shipping companies' to...