PORT CONGESTION

Hapag-Lloyd CEO: COVID, congestion, container shortage form ‘perfect storm’

All eyes are on California’s San Pedro Bay. Hapag-Lloyd focused on the congestion crisis at the ports of Los Angeles and Long Beach during a virtual press conference conducted Thursday from Germany with media outlets around the globe. 

“Today there is fairly extreme port congestion,” Hapag-Lloyd CEO Rolf Habben Jansen said, sharing an image crowded with dots representing ships anchored in San Pedro Bay waiting to berth. Jansen did not count the dots, but Port of LA Executive Director Gene Seroka...

https://www.freightwaves.com/news/hapag-lloyd-ceo:-covid-congestion-container-shortage-form-perfect-storm

An inside look at Blume Global’s empty-mile reduction strategies

Blume Global's street turn and domestic reload strategies reduce empty miles.

Whether it’s a container of imports heading from Southern California into the heartland of the U.S. or a family vacation to a theme park, it’s the destination that always garners most of the attention. 

The return trip, meanwhile, usually is forgettable.

But Blume Global is turning what some in the industry may consider a necessary (and costly) evil into an opportunity to save money and reduce emissions, thanks to its domestic reload and street-turn strategies.

Consider this: The ports of Los...

https://s29755.pcdn.co/news/an-inside-look-at-blume-globals-empty-mile-reduction-strategies

Global supply chains choke under tsunami of freight

A big container ship stacked with boxes next to the wharf with big cranes and containers stacked on land.

With global supply chains buckling under huge order volumes and a confluence of disruptive forces, shippers should prepare for 2021 to be a perpetual peak season across all transport modes, logistics experts warn.

Competition for freight space is so fierce that companies will need to pay exorbitant premiums to get on planes and vessels and apply more flexible shipping methods to avoid delays.

And the unusual move to keep factories open during the long Chinese New Year holiday means freight...

https://www.freightwaves.com/news/global-supply-chains-choke-under-tsunami-of-freight

Transmission: Think Dogecoin is great? Check out Savannah’s port volumes

Just like Tom Brady and the Super Bowl, I’m back. Here’s what’s cookin’ today in Transmission:

  • Import volumes at Georgia port flying high
  • Chipmakers increasing investment to address global demand and chip shortage
  • Industry news

Import volumes at Georgia port flying high

Port congestion in LA is no joke. At the beginning of this month, there were 40 ships anchored outside the port awaiting berths. Unpredictably high volumes, labor constrained by COVID outbreaks and a lack of additional throughput...

https://www.freightwaves.com/news/transmission-think-dogecoin-is-great-check-out-savannahs-port-volumes

FreightWaves Flashback: LA/Long Beach set records

FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to [email protected].

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of...

https://www.freightwaves.com/news/freightwaves-flashback-la-long-beach-set-records

Unclogging the bottlenecks — Freightonomics

Why busting port clogs will lead to freight surges

With a record holiday season leading to import surges, America’s ports have seen congestion for months. Container ships have been stuck at anchor and unable to be unloaded, causing delays in delivery of freight across the country. 

Zach Strickland and Anthony Smith take a look at the domino effect that will result once those bottlenecks bust open and how it will impact rail services and over-the-road freight during this episode of Freightonomics. 

https://www.freightwaves.com/news/unclogging-the-bottlenecks-freightonomics

Containergeddon through the eyes of Peloton — Great Quarter, Guys

Great Quarter Guys 11/17

How port congestion has impacted one company specifically

As the pandemic continues, more and more people are turning to home workouts. Peloton bike orders have rocketed, but delivery delays are a major problem. Andrew Cox and Seth Holm break down why these delays are happening and how it’s affecting business. 

But first, it’s time for “you care or nah?” and the first topic up for debate is Marc Lore’s departure from Walmart. Holm thinks the company has made major strides toward becoming an...

https://www.freightwaves.com/news/containergeddon-through-the-eyes-of-peloton-great-quarter-guys

Drewry Highlights the Impact of Congestion on Port Industry

Drewry has published a report to demystify the current situation of port congestions and explore its possible impact on the port sector valuation.

Supply chains generally tend to be well orchestrated for moving goods across global networks. Any short-term disruption can lead to bottlenecks as is the case with port congestion these days.

Port congestions are not new to the industry and have been handled in the past as well. Since ports are gateways for global trade, any bottleneck at ports will...

https://mfame.guru/drewry-highlights-the-impact-of-congestion-on-port-industry/

Port of Long Beach delivering cargo information in waves

The Port of Long Beach is changing the way cargo information flows. 

“We’ve changed how we post our cargo snapshot,” the port tweeted Monday, announcing it would publish “the new WAVE (Weekly Advance Volume Estimate) report on Monday mornings instead of a daily snapshot.”

The tweet included a link to this week’s WAVE report. 

The Port of Long Beach said in a press release that it had launched the report “to shine a spotlight on anticipated cargo flow and widely share key data with every link in...

https://s29755.pcdn.co/news/port-of-long-beach-delivering-cargo-information-in-waves

Port of Long Beach goes on the record with another No. 1

The Port of Long Beach on Wednesday joined the lengthening list of record setters by announcing it had marked its best November ever.

The Georgia and South Carolina ports authorities earlier this week separately announced they both had celebrated record-setting months. 

The Port of Long Beach said in a press release that its best November on record was the result of “the holiday retail rush and a surge in personal protective equipment deliveries amid the latest nationwide wave of COVID-19 cases.”

T...

https://www.freightwaves.com/news/port-of-long-beach-goes-on-the-record-with-another-no-1

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