Container Shipping’s Adaptive Strategy For Changing Customer Dynamics

Credit: container-news

Container shipping is a vital part of the global economy, transporting about 90% of the world’s trade. But the industry is facing new challenges and opportunities in the digital age, as e-commerce reshapes customer expectations and demands. How can container shipping adapt to these changes and remain competitive and sustainable? In this article, we will explore some of the key drivers and trends of container trade growth, and suggest some strategies for container shipping...

https://mfame.guru/container-shippings-adaptive-strategy-for-changing-customer-dynamics/

Cardboard box demand plunging at rates unseen since the Great Recession

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Demand and output for cardboard boxes and other packaging material fell sharply in the fourth...

https://www.freightwaves.com/news/cardboard-box-demand-plunging-at-rates-unseen-since-the-great-recession

July 1 deemed ‘Bloody Friday’ in shipping due to stock drops

A container ship is traveling into a port.

Friday will “Hereby [be] known in #shipping as ‘Bloody Friday,’ ” J Mintzmyer, head of research at Value Investor’s Edge, .

Stock prices for shipping giants such as Zim Integrated Shipping Services (NYSE: ZIM), Genco Shipping (NYSE: GNK) and Eagle Bulk Shipping (NASDAQ: EGLE) experienced major drops Friday.

Experts said the decreases could be due to weakening manufacturing activity in the U.S. and a weakening demand for consumer goods as the country shifts to a post-pandemic economy.

Read: US...

https://www.freightwaves.com/news/july-1-deemed-bloody-friday-in-shipping-due-to-stock-drops

Order lead times plummet as inventories grow and demand uncertainty soars

Shipping lead times fall 23% as companies order less goods with more frequency

Chart of the Week: Ocean TEU Booking Lead Times – All ports to the USA  SONAR: Container Atlas

Order lead times — the time between order placement and expected ship date for containerized imports — have dropped 23% since late April as supply chain managers are forced to change their strategy in an economic environment that is once again in a transitional state. 

Last week, Target reported that it had essentially too...

https://www.freightwaves.com/news/order-lead-times-plummet-as-inventories-grow-and-demand-uncertainty-soars

M&A activity staying hot across logistics industry

The market for buying and selling transportation and logistics companies is hot and getting hotter in 2021. Investors who have been holding onto their cash due to pandemic-related uncertainty have reentered the arena, and logistics companies – many of which proved their resilience over the past two years – are in high demand.

The industry has been on something of a roller coaster over the past few years when it comes to buying and selling. Mergers and acquisitions saw a banner year in 2018...

https://www.freightwaves.com/news/ma-activity-staying-hot-across-logistics-industry

Ship operating costs up 773%, demand up, supply up, congestion up, shipper propaganda up

Pictured: rows and columns of containers in a stack. Photo: OlafPictures via Pixabay

Current market conditions are caused by a huge surge in the demand for container transport. On the supply side, box port congestion and poor container port performance are  reducing the supply of shipping. The costs to operate a ship are massively escalating.

COVID has induced a demand-squeeze. In such a squeeze, demand increases massively and rapidly while supply (which involves the physical building of, and...

https://www.shippingaustralia.com.au/ship-operating-costs-up-773-demand-up-supply-up-congestion-up-shipper-propaganda-up/

White Paper: Shipper Rate Report – Q3 2021

The Shipper Rate Report—presented in partnership with U.S. Bank—is a quarterly publication using freight payment data from U.S. Bank in conjunction with FreightWaves SONAR data sets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the proprietary data and analytics housed in FreightWaves’ SONAR platform.

Featured insights for Q3 2021 include:

  • Overview of capacity and load volumes for...

https://www.freightwaves.com/news/white-paper-shipper-rate-report-q3-2021

The US Manufacturing Industry Expands Quickly Even With Supply Chain Shortages

U.S. manufacturing expanded in February at the fastest pace in three years and a gauge of materials costs accelerated the most since 2008 as supply shortages challenge the industry, reports Bloomberg Quint.

Increased activity

A gauge of factory activity increased to 60.8 from 58.7 a month earlier, according to Institute for Supply Management data released Monday. Readings above 50 indicate expansion and the figure exceeded the 58.9 median estimate in a Bloomberg survey of economists.

At a time...

https://mfame.guru/the-us-manufacturing-industry-expands-quickly-even-with-supply-chain-shortages/

How Containershipping Showed Resilience To Avert the COVID19 Crisis

Although the pandemic has brought chaos to the global economy, many lines are making more money, reports the Financial Times.

Holding a small axe in a white-gloved hand, South Korea’s first lady Kim Jung-sook cut the ropes tethering the HMM Algeciras and officially launched the world’s biggest containership at a ceremony in April.

The towering vessel, the first of a dozen ordered by shipping line HMM, is the size of four football pitches. If loaded on to a train, the 23,964 20-foot metal boxes it...

https://mfame.guru/how-containershipping-showed-resilience-to-avert-the-covid19-crisis/

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