Supply Chain Impacts of ￼Hurricane Ian
Savannah's port is congested again following the hurricane. Truck volumes dropped then rebounded at major cities in the path of the storm. A shortage of building materials and labor is expected to delay and increase the cost of rebuilding.
Strikes Continue at UK Ports
Strike action recommenced at UK's largest container Port of Felixstowe on Sept 27. Liverpool port workers also on strike for two weeks. Dispute a reflection of the UK's cost-of-living crisis.
State of Global Container Shipping Market
The rolling back of global demand outlines supply chains going into Q4. Spot market rates are in free fall across the main Transpacific trade lane despite it being the traditional peak season. Strikes and potential strikes rampant across the EU/UK and the USA continue.
East & Gulf Coast Port Congestion Enters 5th Month
As we enter peak season, the number of vessels anchored off of the coasts of Savannah, Houston, and New York still do not appear to be reducing. According to project44 data, the number of vessels waiting offshore has been gradually increasing since April of this year.
US Railroads to Reduce Service Ahead of Expected Strike on Sep 16
According to project44 data intermodal container dwell times at the port of Los Angeles are rising. Containers that are dropped off by truck are now waiting 154% longer compared to January 2020.
Will Manufacturing Move Away from China to Avoid Lockdowns?
To see if there is any credibility to the rumors, we looked at the total vessel TEU capacity calling at Chinese ports and compared them with the vessel TEU capacity of its Southeast Asian neighbors, Vietnam and Thailand. So what did we find out?
Monthly State of Parcel Report – Aug 2022
On-time performance continues to improve but has not returned to pre-covid levels. Fulfillment, transit, and click-to-deliver times are showing signs of improvement and shippers are continuing to increase the number of carriers used. Learn more in our latest report.
State of Ocean Freight – Oceania + Japan
Shipment delays to Oceania are rising, with the ports in New Zealand worst affected. Moreover, shipments between USA and Oceania are also seeing a significant rise, so much so that New Zealand fears its exports will bear the brunt.
Felixstowe Port Strike – Day 3 Update
Three days following the strike, cargo diversions begin to reveal alternative destinations, with the ports of London Gateway and Southampton seeing uptakes in TEU volumes.
Monthly Canadian Ports Report – Aug 2022
Export and Import dwell times improved for Port of Halifax but are rising for Montreal and Vancouver. Shipment delays from China to Canada have increased between June and July.