capacity crunch Archives - Maritime Shipping News

Forwarders fear ‘shut-out’ as other major lines emulate Maersk strategy

20 January 2022

Increasing numbers of forwarders claim they are being “shut out” by shipping lines that appear to be focusing on very large forwarders and BCOs.
There is suspicion that several European carriers are looking at a similar approach to that of Maersk.
“We’re getting the feeling and feedback from individual sources that this is the case,” one US forwarder executive said.
He said none of the shipping lines had made a clear statement that …

The post Forwarders fear ‘shut-out’ as other major lines...

https://theloadstar.com/forwarders-fear-shut-out-as-other-major-lines-emulate-maersk-strategy/

Freight rates out of India on the rise after record export figures

13 January 2022

Freight rates are rising again in India, following a record-setting month for exports and knock-on effects from global Covid disruption.
Exports tallied $37bn for the first time in December, up 37% year on year, and for the first nine month’s of the financial year, passed $300bn for the first time.
According to a report by local investment firm Motilal Oswal, India’s container volumes increased 9% last month, however, “growth could have been …

The post Freight rates out of India on the rise...

https://theloadstar.com/freight-rates-out-of-india-on-the-rise-after-record-export-figures/

How carriers can keep their fleets running into 2022

20 December 2021

This year has been characterized by severely strained capacity and historically high rates. This environment has caused some stress for carriers, highlighting ongoing issues such as the driver shortage and new truck backlogs. It has also given carriers the opportunity to keep their trucks loaded around the clock and cash in big for an extended period of time. Now, carriers should start planning ahead for potential market turns in 2022.

Seasonal surges typically affect various sectors at...

https://www.freightwaves.com/news/how-carriers-can-keep-their-fleets-running-into-2022

Rhenus rises to the Indonesia challenge with operational expansion

7 December 2021

Rhenus Logistics has opened a fourth office in Indonesia, despite a “very challenging” year in the country’s air and ocean freight markets.
It said the expansion, in Medan, the capital of North Sumatra, would “reinforce relationships with key airline and shipping partners”.
The forwarder added: “As a key regional economic hub and commercial centre, Medan is a gateway for goods and financial services on domestic, regional and international levels. The city is also a …

The post Rhenus rises to the...

https://theloadstar.com/rhenus-rises-to-the-indonesia-challenge-with-operational-expansion/

Battle for boxes and space on ships and aircraft as Vietnam bounces back

30 November 2021

Vietnam’s exports have bounced back quickly after months of lockdown, boosting freight rates and leaving forwarders fighting for space.
Strict social distancing in South Vietnam ended in early October, but not before a 6.1% GDP contraction in Q3 and warnings from business leaders of lost orders and investments if restrictions weren’t lifted.
The garment sector, for example, suffered an 18.6% year-on-year drop in exports in September, after many factories had been forced …

The post Battle for...

https://theloadstar.com/battle-for-boxes-and-space-on-ships-and-aircraft-as-vietnam-bounces-back/

Superhot airfreight market leaves shippers in the cold

13 October 2021

A Cargolux 747 cargo plane on the tarmac on a bright day with an empty pallet in the foreground.

Importers and exporters should brace for the pandemonium roiling the ocean freight sector — where container shipping delays and prices are at all-time highs — to wash over the air cargo market this month.

Full planes and skyrocketing freight rates are signs the market has tightened to the point that shippers will be hard-pressed to find air transport for their goods as holiday-season shipping enters the stretch run, according to market analysts and logistics specialists.

Welcome to the...

https://www.freightwaves.com/news/superhot-airfreight-market-leaves-shippers-in-the-cold

Why are supply chains so messed up?

25 September 2021

This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works in freight, they are very unsatisfied with this answer. After all, freight and products just seemed to automatically show up before, but that is no longer the case.

Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.

Anyone that has been around...

https://www.freightwaves.com/news/why-are-supply-chains-so-messed-up

Heated produce season may further freeze capacity

22 July 2021

This summer is shaping up to deliver a very strong season for produce. With capacity as tight as it is now, many industry leaders are speculating that any difficulty in sourcing refrigerated trailers may impact the dry van segment as well, considering the ongoing effort supply chains are making to replenish inventory amid freight network imbalances.

“Currently, there is no indication of either demand slowing or supply increasing,” said Sean Burke, chief commercial officer at Echo Global Logistics

https://www.freightwaves.com/news/heated-produce-season-may-further-freeze-capacity

Managing customers’ supply chains in a digital world

18 May 2021

New technological offerings that promise to solve a myriad of supply chain woes hit the market almost daily. An influx of options — combined with a pandemic-fueled push to become more tech-savvy — has made it more difficult than ever for companies to know which solutions are worth adopting. Additionally, rapid adoption can make it more challenging for companies to ensure they are taking advantage of each tool’s full potential.

In the midst of an unprecedented economic resurgence and resulting...

https://www.freightwaves.com/news/managing-customers-supply-chains-in-a-digital-world

Box troubles still hitting forwarders in China and India as prices keep rising

22 April 2021

As container prices in China and India continue to surge, local forwarders are “busier than ever” trying to secure space.
Leasing platform Container xChange said there were “few signs” of shortages being resolved, highlighting steep increases in the prices of new and used equipment since last year.
“In China, average prices for used 20ft containers increased 94% between November and March,” the company said.
At $2,028 for a 20ft, Dalian is now the most expensive …

The post Box troubles still...

https://theloadstar.com/box-troubles-still-hitting-forwarders-in-china-and-india-as-prices-keep-rising/

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