Could COVID-19 vaccines carry fraud risk? — WHAT THE TRUCK?!? (with video)

Dooner and The Dude talk to a health expert about how vaccine logistics will work to prevent counterfeits 

This Episode is brought to you by Reliance Partners-the nation’s premier commercial insurance agency for the transportation and logistics industry. Focus on your destination. Let us watch your back. Learn more about Reliance Partners at reliancepartners.com

Headlines

Nikola is progressing on its electric truck plant in Coolidge, Arizona, despite its troubles with General Motors and its...

https://www.freightwaves.com/news/could-covid-19-vaccines-carry-fraud-risk-what-the-truck-with-video

Forwarders Urge EC To Intervene As Carriers Avoid Congested UK Ports

According to a Loadstar report, as carriers continue to leave import containers stranded at North European ports and charge exporters more than $5,000 to ship a box to Asia, the pressure is growing for regulatory intervention. 

And UK importers today face major challenges from the decision by Ocean Alliance members to divert five more vessels from Felixstowe to Zeebrugge in December.

Carriers Diverting from UK Ports

An advisory on Friday told UK customers that the Cosco Shipping Azalea, Ever...

https://mfame.guru/forwarders-urge-ec-to-intervene-as-carriers-avoid-congested-uk-ports/

Growing truck parking shortages emerge in latest survey

Despite a major awareness campaign following the 2009 murder of Jason Rivenburg while he slept in his cab at an abandoned gas station after being unable to find safe parking, the shortage of safe truck parking spaces in the country continues to grow.

That was the primary takeaway from the Jason’s Law Truck Parking Survey and Assessment released Tuesday by the Federal Highway Administration (FHWA). The assessment, based on a survey that concluded in 2019, was a long-awaited update to the first...

https://s29755.pcdn.co/news/growing-truck-parking-shortages-emerge-in-latest-survey

Ports Remain Congested Causing Added Cost & Delay

Container shipments from Asia to the UK continue to be subject to “unprecedented” delays and significant additional costs, says an article published in The LoadStar.

Space remains an issue

According to Ryan Clark, director and co-owner of UK-based Westbound Logistics said, space still remains an issue, as are ever-increasing rates.

He adds saying “We are constantly finding ourselves apologising to customers. If it’s not rollings, space problems or rate increases, it’s a berthing delay or haulage...

https://mfame.guru/ports-remain-congested-causing-added-cost-delay/

Container Shortage Fiasco To Extend Further By 3 Months

  • A container shortage in India is causing long delays for exporters.
  • The market sentiment in India is very negative, with many businesses afraid the COVID19 situation will continue for another year.
  • Owing to the port congestion in Colombo and tighter freight rates, India’s container shortage could last another three months.

India’s container shortage could last another three months, as congestion hits Colombo and shippers call for tighter regulation of freight rates, writes Sam Whelan for the...

https://mfame.guru/container-shortage-fiasco-to-extend-further-by-3-months/

Maersk Suspends Bookings Amidst Port Congestion

According to a Loadstar article, despite signs of a rapprochement between docker unions and container terminal employers in the port of Sydney, shippers have been warned to expect continuing congestion in container supply chains.

And some carriers are refusing bookings for shipments to the port.

Maersk Suspends Bookings

Yesterday, Maersk announced a temporary suspension on Sydney bookings, likely to last until the end of the month.

It said: “To remove uncertainty for our customers’ supply chain and...

https://mfame.guru/maersk-suspends-bookings-amidst-port-congestion/

Container Shipping Giants Announce Revised Service Charges

  • CMA CGM’s increased freight of all kinds (FAK) rates will be in effect from 1 September and not beyond 30 September.
  • The Marseille-based carrier will apply the following FAK rates, effective from 3 September.
  • Bejaia port in Algeria faces severe congestion and takes between seven-10 days on the current vessel berthing sequences.
  • CMA CGM adds a port congestion surcharge of US$100/€85 per TEU to Bejaja port for all the shipments, except those from the US.
  • Hapag-Lloyd has announced an increase in...

https://mfame.guru/container-shipping-giants-announce-revised-service-charges/

Floating Storage Tumbles To 2-Month Low Amid Inflated Oil Market

  • The floating crude storage has tumbled to more than two-month lows as the incentives for storage start to recede.
  • Floating volumes peaked at over 210 million barrels in late June, but there has been a steady decline since then as some VLCCs and Suezmaxes have come out of storage.
  • Discharge delays in China have also increased sharply in the past few months as a rebound in buying caused logistical bottlenecks.
  • Until congestion issues begin to ease and domestic/international product demand...

https://mfame.guru/floating-storage-tumbles-to-2-month-low-amid-inflated-oil-market/

65% of China’s Onshore Storage Propels Port Congestion and Spot Rates

  • Port congestion is on the rise and even though floating storage is off its peak, there’s a long, long way to go before all those cargoes are unloaded.
  • On the tanker-supply side of the equation, surging congestion in China is offsetting declines in floating storage.
  • The more the global tanker fleet suffers supply chain logjams and storage cargoes remain on board, the less ships are available for spot deals. That’s a plus for spot rates.
  • The caveat is that demand for fresh voyages will fall as “s...

https://mfame.guru/65-of-chinas-onshore-storage-propels-port-congestion-and-spot-rates/

Port Congestion: A Threat to the Industry? -Container xChange-

Article by Container xChange, Author: Shaini 

Port congestion creates pressure on cargo owners, shipping lines and in turn on Port Management. The Port Management needs to increase efficiency in handling the ships, expand the infrastructure of the ports and hire more workers. These factors collectively force the shipping companies to increase operational costs, as they might lose their credibility to transport goods at the promised time. Congestion also means the cargo can miss their connecting...

https://container-news.com/port-congestion-a-threat-to-the-industry-container-xchange/