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Are Global Supply Chains Recovering? – Part 1

Are Global Supply Chains on a Path to Recovery – Part 1

High inflation rates are reducing consumers’ purchasing power. As schedule integrity is showing signs of improvement globally, there are also signs of improvement in shipment-on-time performance. Even delays on China-US West Coast and China-Europe routes are lessening.

port-of-oakland-reopens

Port of Oakland Reopens

All activities at the Port of Oakland were halted as independent truckers protested Assembly Bill 5 (AB5), a gig economy law passed in 2019. After over a week of stoppage, dockworkers can now pass picket lines to get to work. U.S. agricultural exporters have taken the biggest hit following these protests.

Carrier Report July 2022

Monthly Ocean Carrier Report – July 2022

Carrier rates are declining as the industry continues its trajectory towards normalization. Vessel delay rates are continuing to improve in most regions. Also, demand for goods remains relatively strong amid recession fears. However, labor strikes across the globe may still threaten gains in schedule reliability.

state-of-parcel-na-7.2022

State of Parcel – North America – July 2022 Report

The on-time performance continues to improve but has not returned to pre-covid levels. Fulfillment, transit, and click-to-deliver times have shown signs of improvement and below peak-season (November-December) benchmarks. Also, shippers are continuing to increase the number of carriers used.

Ocean Port Report July 2022

Monthly Ocean Port Report – July 2022

While US West Coast is consolidating, the US East Coast and EU ports are floundering. Transshipment container rollovers are set to increase as blank sailings show indications of an increase. The EU container dwell time is increasing due to strikes and intermodal bottlenecks

Ocean Port Report July 2022

Third German Dockworker Strike adds to EU Supply Chain Woes

A two-day strike was implemented at Germany’s major seaports. It was the third and longest strike in ongoing collective bargaining negotiations. The workers’ living standards are hit by high inflation.

Ocean Carrier Report June 2022

Monthly Ocean Carrier Report – June 2022

Blank sailings reach a new peak in May as carriers respond to softening demand for goods. Transshipment rollovers continue their downward trend with HMM and MSC bringing down the industry’s overall average. Vessel delays across Trans-Pacific, Trans-Atlantic and Asia-Europe trades improve, but still far from pre-pandemic levels.

European Strikes Abound as Transatlantic Shipment On- Time Reliability at Record Low

Strikes and Transatlantic On-Time Reliability

Existing port congestion issues are exacerbated by new strikes. Port and rail strikes in Belgium, Germany, and the UK adding to existing supply chain disruptions. Inland capacity limitations on both sides of Atlantic. No improvement in transatlantic schedule reliability likely this year

Ocean Port Report June 2022

Monthly Ocean Port Report – June 2022

Are world’s biggest ports set for an avalanche of cargo after Chinese factories in Shanghai / Ningbo / Yantian hinterland come back on line? Flood of containers repositioned in Chinese ports, ready and waiting for possible cargo whiplash when factories open. Port congestion on the US West Coast on the decline following production pause in China. Vessel and deployed cargo capacity edging back up towards levels last seen in.

Trucker Strike Enters Second Week in South Korea

Trucker Strike Enters the Second Week in South Korea

There is still no sign of a settlement to the disruptive trucker strikes in South Korea as container dwell times skyrocket. Warning strikes by highly unionized port workers in Germany. The threat of industrial action in July at Los Angeles and Long Beach.