PORT CONGESTION

What freight carriers should know about Biden’s transportation review

An executive order issued by President Joe Biden has the potential to become one of the most important government documents in years directed at carriers and their customers working within the country’s transportation sector.

Key among the provisions of the “Executive Order on America’s Supply Chains,” issued Feb. 24 is a “sectoral supply chain assessment” of six industrial sectors, including transportation. It requires the secretary of transportation, consulting with the heads of the...

https://s29755.pcdn.co/news/what-carriers-should-know-about-bidens-transportation-review

Putting port congestion in perspective — Midday Market Update

MMU 11/24

Headlines

The California port crisis is shattering records when compared to the 2015 congestion caused by contract negotiations with unionized dockworkers. The 2021 crisis has lasted longer and involved more freight than in 2015 and it still is expected to last into summer. 

Canada’s electronic logging device (ELD) mandate will not be enforced initially because no ELD has been certified for use in Canada yet. The mandate goes into effect June 12 and has similarities to the U.S. ELD rules due to...

https://www.freightwaves.com/news/putting-port-congestion-in-perspective-—-midday-market-update

Project44 reels in Ocean Insights in ‘largest acquisition in visibility space’

With port congestion, particularly in California’s San Pedro Bay, making headlines, project44 made a huge splash Thursday in announcing it had acquired Ocean Insights to provide global supply chain visibility to its customers.

“BCOs [beneficial cargo owners] are getting squeezed at the ports and are screaming for relief. There is just way more freight coming into ports than the ports can handle, creating a record number of vessels waiting to get unloaded,” project44 founder and CEO Jett...

https://s29755.pcdn.co/news/project44-reels-in-ocean-insights-in-largest-acquisition-in-visibility-space

Seattle-Tacoma to congested Southern California ports: We feel your pain

The waterfall effect from Southern California port congestion has caused an ebb of exports in the Pacific Northwest.

Northwest Seaport Alliance (NWSA) CEO John Wolfe reported Wednesday that full exports in January were down 13.4% year-over-year, from 66,410 twenty-foot equivalent units (TEUs) in 2020 to 57,517 TEUs this year. 

“When … there is congestion at those other gateways, the vessel schedules are so far off that when they get to Seattle-Tacoma, the window of time for them to work the...

https://s29755.pcdn.co/news/seattle-tacoma-to-congested-southern-california-ports:-we-feel-your-pain

Transpacific Bottleneck Deepens Due To Port Congestion

  • Container lines are running out of ships in Asia as port congestion in the US west coast sees vessels takes 11 days to turnaround at berth.
  • Seasonal holidays has produced a pro-longed bottleneck situation on the transpacific trade.
  • Turnaround times in LA/Long Beach for the 13,000 – 14,000 teu capacity vessels now commonly used on the transpacific have increased.
  • The increase is from an average of 3 – 5 days to up to 11 days for a loading and discharge cycle.

A recent news article published in...

https://mfame.guru/transpacific-bottleneck-deepens-due-to-port-congestion/

GSCW chat recap: Managing the container storm

This fireside chat recap is from Day 7 of FreightWaves’ Global Supply Chain Week.

FIRESIDE CHAT TOPIC: Managing the storm: The FMC’s role in addressing the container shortage.

DETAILS: Booming imports and the effects of COVID-19 are straining container supply chains while causing transportation rates to surge and port congestion to worsen. This fireside chat features Federal Maritime Commissioner Carl Bentzel in a discussion about the Federal Maritime Commission’s role in this unprecedented...

https://www.freightwaves.com/news/gscw-chat-recap:-managing-the-container-storm

GSCW: Walmart beats Amazon in circumventing port congestion, analyst says

Waterside view of docks stacked with containers and back of a big ship.

In the battle between retail giants, Walmart (NYSE: WLM) is doing a much better job than Amazon (NASDAQ: AMZN) in avoiding U.S. port congestion and import delays, according to data compiled by Import Genius.

Walmart has been able to spread its ocean container imports to many ports across the country, including Houston; Norfolk, Virginia; and Savannah, Georgia, while Amazon shipments from Asia remain highly concentrated at the twin ports of Los Angeles and Long Beach, where COVID-related...

https://s29755.pcdn.co/news/walmart-beats-amazon-in-circumventing-port-congestion-analyst-says

GSCW chat recap: Dealing with ocean transportation logjam

Philip Damas and Andy Gillespie at FreightWaves' Global Supply Chain Week

This fireside chat recap is from Day 6 of FreightWaves’ Global Supply Chain Week. Day 6 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: Navigating the transportation logjam at the ports

DETAILS: A look at how U.S. importers are dealing with record shipping delays and a lack of supply.

SPEAKERS: Philip Damas, managing director at Drewry Shipping Consultants, and Andy Gillespie, director of global logistics at Ansell Healthcare Products

BIOS:

In addition to his managing director role at...

https://www.freightwaves.com/news/gscw-chat-recap:-dealing-with-ocean-transportation-logjam

GSCW chat recap: Is the COVID-19 supply chain sustainable?

This fireside chat recap is from Day 6 of FreightWaves Global Supply Chain Week. Day 6 focuses on global maritime.

FIRESIDE CHAT TOPIC: COVID Supply Chain: Is it sustainable? 

DETAILS: Steve Ferreira, CEO at Ocean Audit, and Jon Monroe discuss how COVID-19 impacted shipping at the beginning of the pandemic, how current demand for freight is causing port congestion and when they expect things to go back to “normal.”

SPEAKER: Monroe, founder at Jon Monroe Consulting

BIO: In 1998, Monroe launched Jon...

https://www.freightwaves.com/news/gscw-chat-recap:-is-the-covid-19-supply-chain-sustainable?

GSCW chat recap: NRF’s Gold talks port congestion impact on retail

A photograph of a man in a room in his house.

This fireside chat recap is from Day 2 of FreightWaves’ Global Supply Chain Week. Day 2 focuses on retail, building and construction.

FIRESIDE CHAT TOPIC: The price of congestion: How is the retail industry navigating the container congestion? 

DETAILS: Lori Ann LaRocco speaks with Jonathan Gold about the retail import slowdown. No retailer wants to have empty shelves or place items they receive late immediately on discount. These added costs from the delays ultimately have to be absorbed by the...

https://www.freightwaves.com/news/gscw-chat-recap:-nrfs-gold-talks-port-congestion-impact-on-retail

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