The Missing Link in COVID19 Container Shipping Delays

Containers and pallets make shipping easy. During the pandemic, demand is volatile, and supply unreliable. As a result, warehouses are overflowing with the wrong inventories tying up pallets and containers. Containers—an alternative to warehouse storage—line the drop yards. Companies are reacting: collaboration is out the window, writes Lora Cecere, the Founder of Supply Chain Insights in his Forbes article. 

Logistics taken for granted

Business leaders take logistics for granted. During the...;amp;

Regional WA crew changes now virtually impossible

Pictured: seafarers silhouetted against the sunset. Ship crews around the world will continue to suffer because of polices, rules and restrictions like those of the WA Government.
Credit Skeeze from Pixabay.

Western Australia’s almost complete re-write of its crew change rules earlier this week now means it is almost impossible to carry out a crew change anywhere in WA except Perth. And even there, it is not easy.

Crew changes now really only possible in Perth

On-signing seafarers can fly into...

E-commerce gives ship to shore new meaning

The COVID-19 pandemic has changed the way Americans shop. And Jacob Horsely of Cushman & Wakefield believes now that consumers are comfortable ordering on sites from Amazon to Zappos, they won’t go back to brick-and-mortar shopping.

Horsely, the senior director of industrial brokerage services in Cushman & Wakefield’s Jacksonville, Florida, office, said e-commerce grew from roughly 13% to 14% of U.S. retail sales to 18% to 19% in just the past six months. 

“That’s just a huge spike,”...

Port of Oakland sets imports record, sees exports climb

The Port of Oakland reported that it had achieved its best September ever for import cargo volume. The 93,916 twenty-foot equivalent units (TEUs) handily beat a monthly record set in 2019 of 84,901 TEUs. 

Containerized import volume in September also jumped 10.6% from the same month in 2019. 

The return of demand for imports following the height of the coronavirus has spurred record volumes at a number of U.S. ports, including the Port of Los Angeles, which also had its best September ever


‘Untraditional peak’ a good thing at Port of New York/New Jersey

The Port of New York and New Jersey expects container volumes that have rebounded sharply from the height of the coronavirus pandemic to remain strong through the rest of the calendar year.

Canceled — or blanked — sailings commonplace during the economic shutdown in the spring and early summer have waned. The port said there are only two more blanked calls on the books for this year.

And last month the port welcomed the CMA CGM Brazil, the largest container ship to call a U.S. East Coast port,...

Significant earnings jump spurs Hapag-Lloyd forecast revision

Hapag-Lloyd has raised its full-year forecast based on preliminary third-quarter figures showing a year-over-year earnings jump of €96 million ($112 million). 

Hapag-Lloyd, the world’s fifth-largest container carrier, said in an announcement Thursday that “due to the positive development in Q3,” it was raising its 2020 earnings before interest and taxes (EBIT) forecast to between €1.1 billion and €1.3 billion ($1.28 billion to $1.52 billion) and earnings before interest, taxes, depreciation and...

Port of LA files best September despite lagging exports

The Port of Los Angeles recorded its best September in the gateway’s 114-year history last month. The 888,625 twenty-foot equivalent units (TEUs) processed, a 13.3% year-over-year increase, contributed to the third quarter becoming the single-best quarter on record, with more than 2.7 million TEUs moved.

Port of LA Executive Director Gene Seroka said an average of 900,000 TEUs were moved per month in the third quarter. “It’s a big upswing from what we … were used to seeing in just the first six...

50% jump in cargo revenue helps United Airlines slow Q3 cash burn

A white United Airlines jet turning on the taxiway at airport.

United Airlines (NASDAQ: UAL) cargo revenue shot up 50% in the third quarter to $422 million compared to the same period in 2019, topping the powerful 36% gain it achieved in the previous quarter amid a coronavirus pandemic that has throttled its main passenger business.

The Chicago-based carrier posted an adjusted net loss of $2.4 billion, but said it’s drawing down financial reserves at a lower rate. United’s average daily cash burn was $25 million, which included $4 million of average debt...

FEMA launches 5-year supply chain plan for pandemic preparedness

National Guard troops unload a large pallet out the back of a helicopter.

The Federal Emergency Management Agency on Tuesday encouraged more companies to participate in a voluntary agreement to better coordinate manufacturing and distribution of critical health care products, such as personal protective equipment and pharmaceuticals, to combat COVID-19 and other pandemics during the next five years.

The agreement enables private sector partners to more freely share information with the federal government, and across industries, and take  action in the public interest...