Change is coming! The Biden Administration is cracking down on consumer price inflation for shipping costs, which has hit a 40-year-high, by calling for change, accountability, and investigations. President Joe Biden recently held a speech at the Port of Los Angeles and called out and issued a warning last Friday to the top nine ocean carriers, citing “The rip-off is over”. The Biden Administration is … Read More
Los Angeles Port holding strong among Shanghai lockdowns
The Port of Los Angeles, as of May 6th is still holding firm, not showing any reported impacts from the COVID-19 lockdowns in Shanghai, China. According to Director Gene Seroka, There has been “no dramatic change” in the number of vessels leaving China, as vessel numbers bound for the San Pedro Bay remain “pretty consistent,” Seroka said. The number of ships departing Asia on Friday … Read More
Supply chain crisis is not over and could last until 2023
Is it the longest congestion ever? Maybe. Great news for one side of the industry and bad news for the other. With container freight rates and port congestion in the worst position compared to 2020 and 2021, the situation doesn´t expect to change until next year, 2023.
“The Great Resignation” and Its Impacts on Supply Chain
By: Grace Cronin What is the Great Resignation? A term recently coined to describe the phenomenon of large groups of people, mainly in the U.S., quitting their jobs during the COVID-19 pandemic. Unfortunately, the supply chain industry is not immune from this phenomenon, and many fear it only adds to the current Supply Chain Crisis.
Strange weather represents a huge risk for cargoes: TT Club
The recent state of emergency declared in Vancouver put climate change back in focus, forcing corporations to seriously reconsider their current cargo insurance strategies. Extreme weather such as rainfall, tidal surges, and wind microbursts are becoming more common, and the supply chain sector should start preparing.
“Ports of Florida can save Christmas”: Governor Ron DeSantis
Christmas time is coming, and the current US ports congestion is one of the biggest concerns. With many vessels waiting to offload their cargo, the goods may arrive too late, even after the holidays.
Biden works to prevent the next major supply chain crisis
On November Fifteenth, President Joe Biden signed into effect the massive $284 Billion Infrastructure and Jobs Act (IIJA) aimed at modernizing the country’s antiquated infrastructure.
Miscommunications between Ports and U.S. Customs increase the congestion
As if it was not enough, U.S. Ports face a gap in their communication with U.S Customs and Border Protection. As a result, the Ports are not informed about the arrival of nonscheduled charters
Peak Season is here and U.S. Ports are Employing Strategies to Face it
Due to this unprecedented peak season, congestion, tight capacity, and limited equipment are daily at U.S ports on the East and West Coast. The statistics do not lie, and here is what they show.
Long Beach takes First Steps Towards 24/7 Supply Chain Operations
Sept. 17th, in the thick of peak season with roughly 50 vessels anchored in San Pedro Bay, the ports of Long Beach and Los Angeles announced sweeping reforms in an attempt to improve fluidity and reduce delays during what continues to be unprecedented volumes at our nations largest ports. Among many of the measures being taken, is a much-needed move towards 24/7 operations. Both ports are extending … Read More