South Korean Truckers’ Strike Continues
project44 recorded a 497% rise in the dwell time since the start of the strikes on Nov 24, for import containers at the port of Busan, with containers having to wait for nearly seven days at the port.
Author: Josh Brazil
Mexico Exports to the U.S. Rising
Following the rise in demand for Mexican-built products in the US in the second half of 2022, Mexico, the second-largest economy in Latin America, is experiencing an export boom.
Shifting Trade Patterns Emerge in Post-COVID Era
Since manufacturers have started to diversify their overreliance on China, the volume of trade between the EU and the U.S. has increased significantly. Learn more.
Strike Activity in South Korea Causes Major Supply Chain Delays
South Korean truckers are on strike since Nov 24 asking for permanent wage security. Access to major ports are now blocked leading to significant decline in vessel TEU capacity handled. Learn more.
Australian Supply Chain in Distress
Excessive flooding, train derailment, strike action. It's all happening in Australia. Check out our latest news brief to know the complete story. (Photograph: James Ross/EPA)
November 2022 Peak Season Report
Truckload peak season 2022 has resulted in minimal impact on the On-Time Performance. Last Mile, which is more susceptible to peak season-related delays, has witnessed an increase in carrier diversification to avoid the bottlenecks present during peak season 2021.
State of Global Container Shipping Market – November 2022
Carriers are making use of blank sailings to offset declining rates as they balance supply and demand. There has been an improvement in port congestion on the US East Coast, however it remains high compared to the same time last year.
State of Parcel – Last Mile Report – October 2022
With peak shopping season coming up, check out our latest State of Parcel report for Oct 2022 to see how the on-time performance has been in the month of September.
State of Global Container Shipping Market – October 2022
Retailers worldwide are starting to feel the pain of swollen inventories even as container rates continue their freefall. On the other hand, carriers are increasing the number of blank sailings as demand continues to wane.
Brazilian Coffee Export Bottlenecks are Expected to Decrease
Brazilian coffee production is expected to be low due to extreme weather and the lack of containers caused export volumes to drop. However, inflation pressure may inadvertently help coffee exporters free up supply chain bottlenecks as more container capacity comes online.