SUPPLY CHAINS

Navigating service contract negotiations during COVID-19

This is no ordinary year for American shippers and freight forwarders that are attempting to finalize their annual ocean service contracts with the container carriers.

The uncertainty of how much cargo will be available from the shippers and the amount of capacity offered by the carriers for the next contract season, which generally starts in May, remains anyone’s guess in the face of the ongoing coronavirus pandemic.

“The biggest obstacle we face in service contract negotiations this year is the...

https://www.freightwaves.com/news/navigating-service-contract-negotiations-during-covid-19

COVID-19 long-term impacts: Increased automation, remote working

COVID-19 long-term impacts: Increased automation, remote working (Photo: Shutterstock)

The COVID-19 impact on supply chains has been total, as it ended up playing havoc on demand and supply equations, while also creating uncertainty in available capacity for hauling freight. But as more and more countries flatten the pandemic’s growth curve, demand is expected to increase in the coming months. And as Chinese industries get back on their feet, volumes will decidedly grow as well. 

In that context, maritime freight movement has never been more critical to jumpstart paralyzed...

https://www.freightwaves.com/news/covid-19-long-term-impacts-increased-automation-remote-working

FedEx teams with BigCommerce on shipping discounts

FedEx Corp. (NYSE: FDX) has forged an alliance with BigCommerce, a venture-backed e-commerce platform, to help small and medium-sized businesses sell their products as the inexorable march by brick and mortar retailers toward online selling accelerates during the COVID-19 pandemic.

With more than 60,000 stores and brands on its platform, BigCommerce aims to help small, medium and large businesses create “great storefront experiences,” so they can sell more with as little friction as possible,...

https://www.freightwaves.com/news/fedex-teams-with-bigcommerce-on-shipping-discounts

Drewry Launches Containership Tracking Services Amid COVID-19

A recently written news article in Drewry’s news and events section throws light on the most important logistics services launched by Drewry. 

Coronavirus (COVID-19) outbreak has led to unprecedented market volatility.  As a result, Drewry Supply Chain Advisors, the logistics consultancy arm of Drewry Shipping Consultants make a major announcement. It is about the launch of two new container shipping tracking services reporting cancelled sailings and ship waiting times every week.

How does it...

http://mfame.guru/drewry-launches-containership-tracking-services-amid-covid-19/

Lockdown Disrupts Supply Chain! Storage Demand High in Asia!

  • Stricter measures to contain the spread of coronavirus lockdowns in Asia, delays cargo flows across the region.
  • Manufacturers await written approval from the Ministry of International Trade and Industry to continue operating.
  • Till receiving approval, import and export cannot be done during this movement control order period. 
  •  Ocean carriers are working with skeleton work forces, transmission of gatepasses and release  of orders are very slow.  
  • Fall of demand, lack of drivers and other...

http://mfame.guru/lockdown-disrupts-supply-chain-storage-demand-high-in-asia/

US Addresses COVID19 Effect on Maritime Supply Chains!

In a major development, the US Federal Maritime Commission issued an order authorizing Commissioner Rebecca Dye to identify operational solutions to cargo delivery system challenges related to COVID-19, reports the Safety4Sea

The Urgency at Ports

The Order highlights that the recent global events have only emphasized the economic urgency of responsive port and terminal operations to the effectiveness of the US international freight delivery system.

  • The Commission has a clear and compelling...

http://mfame.guru/us-addresses-covid19-effect-on-maritime-supply-chains/

PoR White Paper: Reliability is key in a digital supply chain

Port of Rotterdam published a “White Paper” with the title “Reliability is key in a digital supply chain”.

“Supply chains are changing. Terms such as block chain, big data analysis and the Internet of Things are no longer buzzwords. A growing group of companies is aware that digitisation in the supply chain is indispensable if they are to remain competitive in a dynamic market. Reliability is the keyword,” Port of Rotterdam says in its announcement.

According to the Port’s statement,...

https://container-news.com/por-white-paper-reliability-key-digital-supply-chain/

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