INDUSTRY INSIGHTS

Supply Chain Industry Insights – April 2024

April 2024

 Industry Insights April 2024 By PGL In this episode of the PGL Industry Insights report, we check on the aftermath of the Francis Scott Key Bridge, deliver some welcome […]

Supply Chain Industry Insights – March 2024

March 2024

 Industry Insights March 2024 By PGL In breaking news: early Tuesday morning on March 26, the container ship Dali lost power, crashing into the Francis Scott Key Bridge that […]

Supply Chain Industry Insights – February 2024

February 2024

 Industry Insights February 2024 By PGL Welcome to the PGL Industry Insights report for February 2024 Inventory correction and spot rates for both ocean carriers and trucking are leading to something resembling […]

Supply Chain Industry Insights Special Report: A Look at 2023

January 2024

   Industry Insights Special Report: A Look at 2023 January 2024 By PGL Welcome to the PGL look at 2023 and our forecast for the coming year. We continue […]

Industry Insights – December 2023

December 2023

 Supply Chain Industry Insights December 2023 There is good news for the holiday season with stable inventories and strong consumer spending that has outpaced predictions, resulting in over 200 […]

Industry Insights – November 2023

November 2023

 Supply Chain Industry Insights November 2023 If you’ve been following our reports this year, one concept that will be familiar is the comparison of 2023 to pre-panedmic 2019. As […]

Industry Insights – October 2023

October 2023

 Supply Chain Industry Insights October 2023 Welcome to the PGL Industry Insights report for October, 2023. The UAW strike, now well over a month old not only continues, but […]

PGL Video Newsletter – September 2023

October 2023

Welcome to the latest edition of the PGL monthly newsletter! In September, we attended Aero Engines Europe in Madrid, Spain and the GSE Expo in Las Vegas and celebrated Labor […]

Industry Insights – September 2023

September 2023

 Supply Chain Industry Insights September 2023 Welcome to the PGL Industry Insights report for September, 2023. Leading our report this month, we touch on the ongoing drought affecting the […]

PGL Video Newsletter – August 2023

September 2023

Welcome to the latest edition of the PGL monthly newsletter! In August, we attended the ACPC in New York, celebrated the birthdays of the U.S. Coast Guard and U.S. Marine […]

Industry Insights – August 2023

August 2023

 Supply Chain Industry Insights August 2023 Welcome to the PGL Industry Insights report for August, 2023. UPS suffered larger-than-expected shipment losses due to labor concerns. After a tense July […]

PGL Video Newsletter – July 2023

August 2023

Welcome to the latest edition of the PGL monthly newsletter! PGL had an action packed month, and we start with our attendance of the Air Wisconsin Golf Tournament and sponsorship […]

Industry Insights – July 2023

July 2023

 Supply Chain Industry Insights July 2023 Welcome to the PGL Industry Insights report for July 2023. Labor disputes continue to lead the news this month, with wide-ranging effects across […]

PGL Video Newsletter – June 2023

July 2023

Welcome to the June edition of the PGL monthly newsletter! We hope you had a safe and happy Independence Day, celebrated with friends and family. Today we start with our […]

Industry Insights – June 2023

June 2023

 Supply Chain Industry Insights June 2023 Welcome to the PGL Industry Insights report for June 2023.  This month’s report highlights significant developments in labor talks across various modes of […]

PGL Video Newsletter – May 2023

June 2023

Welcome to the May edition of the PGL monthly newsletter! This month has been action-packed, starting with our sponsorship and participation in the annual Freeman golf tournament and R. Lee […]

Industry Insights – May 2023

May 2023

 Supply Chain Industry Insights May 2023 Welcome to the PGL Industry Insights report for May, 2023. In this month’s report, it appears that in many ways the industry is […]

PGL Video Newsletter – April 2023

May 2023

Spring has sprung and we at PGL are thrilled to share our April newsletter with you! From attending trade shows across the country to celebrating holidays such as Easter and […]

Industry Insights – April 2023

April 2023

 Supply Chain Industry Insights April 2023 Welcome to the PGL Industry Insights report for April, 2023. Is the supply chain back to normal? In this edition, we explore the […]

PGL Video Newsletter – March 2023

March 2023

PGL had a great month of March. Here’s a glimpse at some of the moving parts. This month we celebrated the U.S. Navy Reserve’s Birthday, International Womens Day, St. Patricks […]

Industry Insights – March 2023

March 2023

  Supply Chain Industry Insights March 2023 Welcome to the PGL Industry Insights report for March, 2023. We in the global logistics industry continue to live in interesting times as […]

Industry Insights – February 2023

March 2023

  Supply Chain Industry Insights February 2023 Welcome to the PGL Industry Insights report for February, 2023. Continuing effects of the global pandemic present themselves as businesses came to rely […]

Industry Insights Special Report: Moving Past 2022 and Looking Ahead to 2023

January 2023

  Industry Insights Special Report: Moving Past 2022 and Looking Ahead to 2023 January 2023 By Tim Gundlach As a leading logistics service provider, PGL does more than move cargo […]

Industry Insights – December 2022

December 2022

  Supply Chain Industry Insights December 2022 By Tim Gundlach In the United States the biggest concern for November was the possibility of a rail strike on the West Coast. […]

PGL Video Newsletter – November 2022

November 2022

Welcome to the PGL Video Newsletter, where we give you a brief recap of all of the activity from the prior month. November was full of activity, and here’s a […]

Industry Insights – November 2022

November 2022

  Supply Chain Industry Insights November 2022 By Tim Gundlach The effects of the Covid-19 pandemic continue to be felt in the global supply chain. As a result of unpredictable […]

Transpacific Eastbound Trade Report

TRANSPACIFIC EASTBOUND TRADE

June 22, 2023

As in May, Transpacific load factors remain a mixed picture in June with specific services running full while others struggle to maintain 80-percent utilization. The result has been a rather incoherent pricing policy from the lines.

TRANSPACIFIC EASTBOUND TRADE

June 8, 2023

The latest volley by the ILWU which has resulted in sporadic work stoppages and slowdowns at most US west coast ports and terminals starting last Thursday may finally have its intended impact as May.

TRANSPACIFIC EASTBOUND TRADE

May 26, 2023

Although volume recovery continues in May – with month-to-date container import volumes up by 12-percent over the same period in April (chart above) – a drop in the number of blank sailings in May.

TRANSPACIFIC EASTBOUND TRADE

May 11, 2023

As of May 11th, carriers have given back approximately 30% of the April 15th GRI as spot rates begin slipping after a brief period of stability aided by significant capacity cuts in April.

TRANSPACIFIC EASTBOUND TRADE

April 20, 2023

Carriers have successfully implemented rate increases on April 15th, but the trade continues to face both commercial and labor headwinds that muddles the medium-term outlook.

TRANSPACIFIC EASTBOUND TRADE

April 06, 2023

Although supply/demand dynamics in the Asia-to-US West Coast trade appear to be in balance today, with load factors to the US West Coast reaching 100 percent and several carriers rolling cargo to future weeks’ sailings.

TRANSPACIFIC EASTBOUND TRADE

March 23, 2023

Despite average load factors to the west coast in the 95-100 percent range, carriers will not implement planned spotrate increases on April 1st due mainly to concerns that utilizations will drop in early April as capacity upgrades come
onstream.

TRANSPACIFIC EASTBOUND TRADE

March 09, 2023

Aided by blank sailings particularly to the US West Coast, load factors have improved over the last two weeks as carriers look to bolster spot rates during the traditional BCO contract negotiation window in March and April.

TRANSPACIFIC EASTBOUND TRADE

Febuary 22, 2023

Vessel load factors have dropped across-the-board in mid-February as carriers restored capacity following the post- Lunar New Year blank sailing schedules.

TRANSPACIFIC EASTBOUND TRADE

February 08, 2023

To no one’s surprise, rates have softened slightly coming out of the holiday as export recovery in China, and most of Asia, continues slowly.

TRANSPACIFIC EASTBOUND TRADE

January 11, 2023

A year after port congestion and vessel berth delays dominated headlines, cargo flow through US ports and rail facilities in early January 2023 have returned to near pre-pandemic levels.

TRANSPACIFIC EASTBOUND TRADE

December 21, 2022

Despite the official Chinese New Year holiday of January 22nd being a month away, peak-like conditions have built up in the Asia – US West Coast trade corridor.

TRANSPACIFIC EASTBOUND TRADE

December 09, 2022

Although load factors on Asia-to-US West Coast services are improving in early December – thanks to an early pre-Chinese New Year export boost and continued blank sailings – rates show no signs of increasing before the new year.

TRANSPACIFIC EASTBOUND TRADE

November 25, 2022

Asia-to-US West Coast CY rates are beginning to stabilize as spot-rates sink below carriers’ operational breakeven levels, but this does not mean that the trade is coming close to supply/demand equilibrium.

TRANSPACIFIC EASTBOUND TRADE

November 10, 2022

Despite rates losing value once again over the last two weeks, market dynamics have improved very slightly as post-National Day volumes recovered somewhat in late October.

TRANSPACIFIC EASTBOUND TRADE

October 27, 2022

September marked the first month since December 2021 that containerized imports from Asia declined year-on year, a sign that the fourth quarter as a whole will see flat-to-negative year-on-year growth.

TRANSPACIFIC EASTBOUND TRADE

October 13, 2022

As the market emerges from the China National Day break, spot-rate erosion is showing some signs of slowingas blank sailings and service suspensions bring capacity closer in line with demand.

TRANSPACIFIC EASTBOUND TRADE

September 28, 2022

Asia-US West Coast rates have declined for the 13th consecutive week and are now officially back to June 2020 levels – the starting point of the Covid-19 rate surge. From their high mark in April this year, average FAK rates have lost 75% of their value in just under 30 weeks.

TRANSPACIFIC EASTBOUND TRADE

September 14, 2022

Spot-rates in the transpacific are in a continued free-fall, with Asia-US West Coast CY rates having lost over 30% of their value in the last four weeks while Asia-US East Coast rates begin a steeper drop, losing almost 15% since September 1st as forward demand tapers.

TRANSPACIFIC EASTBOUND TRADE

August 24, 2022

With the transpacific eastbound trade peaking early and rates continuing their downward spiral, US rail delays deteriorated further over the last two weeks – with average LA/LB off-dock dwell times exceeding 24 days.

TRANSPACIFIC EASTBOUND TRADE

August 12, 2022

US import data covering late July and early August is suggesting that the pace of year-on-year import volume growth is starting to slow considerably, and while July’s full month containerized imports from Asia show a YOY growth of nearly 4 percent.

TRANSPACIFIC EASTBOUND TRADE

July 27, 2022

Despite the welcome news of Oakland’s four marine terminals resuming full operations Monday, the damage done from truckers protesting California’s new AB5 worker classification law could be lasting.

TRANSPACIFIC EASTBOUND TRADE

July 13, 2022

With peak-season conditions still slow to materialize, blank sailings to the US West Coast have increased in early July to levels not seen since port congestion was at its worst point in Los Angeles / Long Beach in 2021.

TRANSPACIFIC EASTBOUND TRADE

June 22, 2022

As the recent slide of spot rates confirms, the Transpacific trade is currently in a state of structural oversupply, and this despite an average of nearly 100,000 TEU per week lost to blank sailings in June.

TRANSPACIFIC EASTBOUND TRADE

June 9, 2022

Through the first 22 weeks of the year, the Shanghai Containerized Freight Index (SCFI) has already recorded weekto-week reductions on 16 occasions (Asia-to-US East Coast) and 11 occasions (Asia-to-US West Coast) respectively, after registering week-to-week declines only 9 times the entirety of 2021.

TRANSPACIFIC EASTBOUND TRADE

May 25, 2022

The industry continues to await a grand re-opening in Shanghai, but manufacturing and export has quietly plugged along and has steadily increased in the last several weeks, as indicated by air freight exports picking up steam.

TRANSPACIFIC EASTBOUND TRADE

May 11, 2022

As the calendar flips to May the words ‘rate normalization’ might become a more frequently-used catchphrase, as demand levels wobble while weekly capacity deployment stabilizes in the transpacific trade.

TRANSPACIFIC EASTBOUND TRADE

April 20, 2022

With the resumption of manufacturing activity in the Shanghai area over the past several days, hints of a broader re-opening abound and with it the anticipation of an impending export surge starting by late April.

TRANSPACIFIC EASTBOUND TRADE

April 6, 2022

The news of the extension of Shanghai Pudong’s Covid lockdown – originally scheduled to end on April 1st – is further disorienting freight markets as truck capacity dwindles and exports reduce to a trickle through Shanghai’s Yangshan and Waigaoqiao terminals.

TRANSPACIFIC EASTBOUND TRADE

March 23, 2022

The unpredictable consequences of China’s Covid-zero policy has thrown the market for a loop again, as first Shanghai then Shenzhen experienced varying degrees of lockdowns in recent weeks following a surge in Omicron cases.

TRANSPACIFIC EASTBOUND TRADE

March 10, 2022

Recent developments in the transpacific trade – and around the world in general – have taken some of the starch out of what was still considered seller’s-market just two weeks ago.

TRANSPACIFIC EASTBOUND TRADE

February 24, 2022

Despite fading hopes of a 2021-like ‘bounce-back’ after the Lunar New Year holiday, carriers taper blank sailings in the second half of February in the hope for a faster volume recovery in March.

TRANSPACIFIC EASTBOUND TRADE

February 10, 2022

Coming out of the Lunar New Year holiday in Asia, one item of positive news was that the number of vessels awaiting berth outside the La/LB port complex had been reduced to 90.

TRANSPACIFIC EASTBOUND TRADE

January 26, 2022

Carriers have increased the number of operational blank sailings in late January in the lead up to the Lunar New Year holiday February 1st, but space availability toward the end of the month was not as critical as initially expected.

TRANSPACIFIC EASTBOUND TRADE

January 12, 2022

Capacity has improved marginally in January, with a deficit of 118,000 TEU (20% of nominal capacity blanked) compared with over 160,000 TEU blanked in December 2021.

TRANSPACIFIC EASTBOUND TRADE

December 15, 2021

With operational blank sailings increasing (see page 3) as demand continues to climb in the trans-Pacific trade, the chances of severe cargo backlog in Asia by January and early February is now probable from possible just weeks ago.

TRANSPACIFIC EASTBOUND TRADE

December 2, 2021

Just as the market was taking a deep breath following the traditional Christmas peak season, demand is beginning to stir again as the 8-week pre-Lunar New Year cargo rush begins in early December.

TRANSPACIFIC EASTBOUND TRADE

November 18, 2021

Despite some media reports of weakening transpacific trade dynamics and “falling” rates, the overall state of the trade – though somewhat weaker than its August and September peak.

TRANSPACIFIC EASTBOUND TRADE

October 27, 2021

Amidst the US media blitz on port congestion at the LA/LB port complex, carriers have been quietly executing a wave of blank sailings during October, with nearly half-a-million TEU of capacity (or roughly 25% of total Transpacific capacity) blanked during this month.

TRANSPACIFIC EASTBOUND TRADE

October 13, 2021

Recovery of export volumes out of China following its October 1st holiday remains somewhat sluggish as shippers gain more access to lower-than-premium rate tiers, and as carriers abandon any notion of midOctober rate increases.

TRANSPACIFIC EASTBOUND TRADE

September 29, 2021

As details emerge of widespread power shortages in China affecting specific high-consumption and highemission industries including (but not limited to) steel, electrolytic aluminum, cement, and chemical fibers, vessel space in the transpacific eastbound trade.

TRANSPACIFIC EASTBOUND TRADE

September 14, 2021

With the traditional holiday export surge in full swing for exporters in Asia, the industry is faced with the same recurring headwinds as the month progresses and with the China National Day holiday approaching – the unofficial finish line of the Christmas peak export sprint.

TRANSPACIFIC EASTBOUND TRADE

August 25, 2021

As the Covid delta variant in certain Southeast Asian countries approaches crisis levels, operational conditions in the transpacific continue to deteriorate to the point where bottlenecks will take many months to clear.

TRANSPACIFIC EASTBOUND TRADE

August 13, 2021

Trade conditions in early August continue to deteriorate as carriers start re-allocating space to BCO’s with stronger peak season volume output.

TRANSPACIFIC EASTBOUND TRADE

July 21, 2021

As predicted, the summer peak season export push from Asia is causing an increase in ship- and cargocongestion at US ports, while Covid restrictions in Southeast Asia threaten to derail exports in July and August altogether.

TRANSPACIFIC EASTBOUND TRADE

July 6, 2021

With the port of Yantian (YICT) back to full operational capacity, and with backlog of ships cleared outside the terminal, normal operations resume but the backlog of some 150,000 TEU in the terminal – with increasing velocity of exports in July – will take some weeks to clear.

TRANSPACIFIC EASTBOUND TRADE

June 23, 2021

Although Yantian International Container Terminals (YICT) has reached 70% productivity levels in the past week as it slowly regains its footing after Covid infections slowed port operations to a crawl.

TRANSPACIFIC EASTBOUND TRADE

June 9, 2021

Even before the recent Covid-restrictions imposed on the port of Yantian after several confirmed cases, shippers were facing sharper allocation cuts in June as traditional peak season volumes start building.

TRANSPACIFIC EASTBOUND TRADE

November 1, 2018

As the trade moved out of the October 1 China National Day holiday, demand in the Asia-toUS trade has remained very strong, particularly to the US West Coast, as importers continue to advance product imports ahead of the third round of tariff increases on January 1 2019.

TRANSPACIFIC EASTBOUND TRADE

September 14, 2018

Carriers in the transpacific eastbound trade have deployed a growing number of extra-loaders in mid-September to combat lingering booking and container backlogs in the Asia-US West Coast trade.

Latest News

New Covid cases send Shanghai into partial lockdown

June 10, 2022

Shanghai will go into partial lockdown this weekend after six new cases were found in China’s largest city, home to the world’s largest container port. New lockdown restrictions have been imposed on seven districts with millions of people set for mass covid testing, shortly after China’s financial hub reopened after more than a two-month shutdown.

The temporary lockdown will cover Minhang, Pudong, Huangpu, Jing’an, Xuhui, Hongkou and Baoshan districts. Four of the six cases were reportedly found in Minhang, a district of some 2.5m in the southwest of Shanghai. The district of Minhang will be closed on Saturday, while the other districts have not stated how long their lockdowns will run.

Shanghai authorities claim city will open up next week

May 13, 2022

May 20 has been given as the first official deadline for Shanghai, China’s largest city, to open up.

Container line schedule reliability hits new low

May 11, 2022

None of the top 14 carriers managed to achieve even 50% schedule reliability across their global network.

Chinese city of Shenyang thrown into lockdown

March 23, 2022

The city of Shenyang – which is home to more than nine million residents – has been thrown into a strict lockdown as China battles its biggest COVID-19 outbreak in two years. Residents in Shenyang are not permitted to leave their homes without a 48-hour negative test result and are under what is being labelled “closed management” after the lockdown was enforced on Monday night.

CP Rail job action another blow to economy

March 20, 2022

Roughly 60 CP Rail employees walked picket lines in waves at two Winnipeg locations Sunday, marking the first day of a work stoppage that halted trains and the distribution of goods across the country.

US Ship-Law Revamp Will Boost Industry Transparency

March 12, 2021

The first major update of U.S. international ocean-shipping laws in more than two decades, the bipartisan Ocean Shipping Reform Act gives the Federal Maritime Commission an updated toolbox to protect exporters, importers, and consumers from unfair practices, updating the watchdog’s authority to regulate the industry for the first time since 1998.

60 Minutes follows the U.S.' struggling supply chain

December 6, 2021

60 Minutes follows the U.S.’ struggling supply chain, from choked ports on the West Coast, to packed rail yards in Chicago. Along the way, we found finger-pointing, huge profits, and massive losses.

E-commerce Boom

November 29, 2021

The increased e-commerce volume generated by the pandemic has no end in sight—and signals a permanent behavioral shift of an indeterminate magnitude. In fact, it has provided an opportunity for carriers, vehicle manufacturers and tech companies to research, test and invest in alternative ways to provide pick up, transport, sortation and delivery.

Port of Vancouver flooding effect entire region's supply chain

November 19, 2021

The Vancouver gateway continues to experience disrupted rail and truck movement due to widespread flooding throughout the Metro Vancouver and Fraser Valley regions. The Vancouver Fraser Port Authority is working with our supply chain partners including railways and terminals, and lead agencies at various levels of government.  As with everyone involved in the response to this situation, the current priorities are public safety and facilitating essential services.

US transportation hiring exceeds expectations

November 5, 2021

Transportation and warehousing hiring exceeded expectations in October, with the sector adding 54,400 more jobs than expected for a total of 97,300 actual jobs gained from September, according to data released by the US Bureau of Labor Statistics (BLS) Friday. Warehousing and storage businesses added approximately 50,800 jobs from month to month in non-seasonally adjusted numbers.

Tracking the shift to 24/7 supply chains

October 29, 2021

The time has come to overhaul how U.S. supply chains operate, according to port executives. An import surge throughout the pandemic laid bare the structural issues that have plagued businesses transporting products into and across the U.S. for years. But in few places have the issues been clearer than in Southern California, where the ports of Los Angeles and Long Beach have at times seen more than 100 ships waiting to dock and unload their containers.

DHL Express Sees Added Air Cargo Capacity Easing Supply Chain Snarls

October 28, 2021

German delivery firm DHL expects global supply chain bottlenecks to ease next year as the return of air travel adds cargo capacity and higher vaccination rates keep a lid on COVID-19 infections.  Traditionally, air freight has been a safety valve, giving shippers a way to get urgently needed parts to their destinations. But the coronavirus pandemic has limited the number of passenger flights, causing a squeeze on the amount of available cargo space.

NY-NJ terminal fee targets truckers who miss appointments

October 25, 2021

Container terminals in the Port of New York and New Jersey will impose a new fee on truckers who miss appointments for import retrievals. The fee aims to spur more efficiency and speed up freight delivery, according to one terminal operator. Starting Oct. 1, truckers who fail to appear for an appointment in the NY-NJ port will be assessed a $62.49 administrative fee, according to the latest tariff from the New York Terminal Conference.

Savannah switches to fixed receiving dates for exports

October 15, 2021

The Georgia Ports Authority (GPA) has begun offering fixed dates for exporters to drop off their containers in Savannah, addressing one of the top concerns for outbound shipments in the Southeast. Port officials are also working to align their cutoff times with ocean carriers so fewer exports are rolled and sit for days — or weeks — inside Savannah’s Garden City Terminal until space on a new vessel is found.

5 years of supply chain disruptions and the lessons learned

October 6, 2021

Supply Chain Dive highlights some of thier past stories that carry lessons still relevant today. These stories will be labeled “From The Archives” in our Daily Dive newsletter and added to this page. They will also publish new stories looking at the past, present and future of the most important topics within supply chain. You can find those stories at the top of this round-up.

Norfolk Southern to reopen Louisville depot for ocean freight

October 1, 2021

Norfolk Southern Railway (NS) is reopening an intermodal terminal in Louisville, Kentucky, that will specifically handle ocean freight from the Port of Virginia, which is seeing outsized growth in containerized imports this year. The Class 1 railroad said it will reopen the Louisville intermodal terminal on Oct. 4. The terminal will be open only for containers coming from Virginia’s two largest container terminals, Norfolk International Terminal and the Virginia International Gateway.

US truck spot rate hikes reaching further inland

September 28, 2021

US spot truckload rates have reached a high plateau and are poised to climb even higher, propelled by high import volumes and strong manufacturing and consumer demand. Rates are rising in key longhaul lanes as freight flows from coastal warehouses and storage facilities further inland to distribution centers in Chicago, Memphis, and other mid-US markets. Spot market dry van volumes from Los Angeles to Chicago jumped 13 percent last week, pushing seven-day average rates in that lane up almost 16 percent year over year to $2.94 per mile, according to DAT Freight & Analytics.

Only import relief will ease US chassis availability

September 22, 2021

Chassis providers warn that with equipment production maxed out through next year, only a reversal of rising dwell times by US importers will ease availability — and that can only happen if underlying volumes slow. “For 2021, we can’t build another chassis if our life depended on it beyond the thousands we currently deliver from orders placed in 2020 for 2021 delivery,” Ron Widdows, CEO of FlexiVan Leasing, told JOC.com. “There is no more production capacity to be had on the face of the earth that can help us for the balance of this year.”

FMC votes in favor of enhanced carrier oversight

September 15, 2021

The US Federal Maritime Commission (FMC) has approved two initiatives that aim to rein in what shippers call the egregious billing practices of ocean carriers around the use of containers, part of the FMC’s efforts to better police international shipping. The commission said Wednesday its five members voted unanimously to approve the initiatives, which stem from Commissioner Rebecca Dye’s probe of how COVID-19 disrupted ocean supply chains.

Transportation hiring surges as US peak season begins

September 3, 2021

Transportation employment last month reached its highest level since the start of the COVID-19 pandemic as imports poured into the US and domestic freight demand increased. Although labor shortages were reported up and down supply chains, transportation and warehousing firms added 47,200 employees in August, according to US Bureau of Labor Statistics (BLS) data released Friday.

Pandemic-closed Ningbo container terminal fully reopening

August 24, 2021

The Ningbo-Zhoushan port’s Meidong container terminal will officially reopen Wednesday, two weeks after the facility was closed due to a COVID-19 outbreak and one week after cargo operations resumed on a limited basis. In announcing that restrictions on the Meishan Island International Container Terminal (MSICT) and associated bonded trade zone would be lifted Wednesday, port officials said truckers could begin picking up containers, but their arrivals would be staggered to avoid congestion. As of Tuesday evening local time, there were 26 containers ships at berth and at anchor at Ningbo, the third-busiest global container port, and 3 ships at MSICT, according to AISLive, a sister product of JOC.com within IHS Markit.

Cargo airlines cancel hundreds of China flights amid COVID outbreak

August 13, 2021

Logistics professionals say the growing scarcity of long-haul aircraft could push freight rates near $20 per kilogram on certain trade lanes within a few weeks, making air transport five or six times more expensive than normal for the fall rush. The most current data from logistics providers and risk intelligence analysts shows that 531 flights, or 43% of the daily total, were canceled from Beijing and that airlines scrubbed 408 flights, a third of the daily total, at Shanghai Pudong International Airport, as of Aug. 6. Two-thirds of the flights were canceled in Xiamen. And Sunan Shuofang International Airport, which serves the cities of Wuxi and Suzhou in southern Jiangsu province, is not accepting import cargo.

Ningbo marine port in eastern China suspends operations due to COVID-19 case

August 11, 2021

A container port in China’s eastern marine hub Ningbo has suspended operations after a member of staff tested positive for COVID-19 on Tuesday (Aug 10), said a port official at a press briefing on Wednesday. Ningbo Meidong Container Terminal Corp, a subsidiary of Ningbo Zhoushan Port Company, has also suspended all inbound and lift-off services from 3:30 am local time on Wednesday. Ningbo Zhoushan port, China’s second-largest container port by handling volume after Shanghai, handled 18.68 million twenty-foot equivalent units (TEU) in the first seven months, up 17.1 per cent on-year.

Savannah adding capacity amid record cargoes

July 26, 2021

The Georgia Ports Authority is working to open more than 600,000 TEU of new capacity in the Garden City Terminal in anticipation of continued strong volumes and extra-loaders through Lunar New Year in February.

UP suspending USWC–Chicago hub services to clear Global IV boxes

July 15, 2021

Union Pacific Railroad will halt all international intermodal service from the West Coast to its Global IV terminal in Joliet, Illinois, for up to seven days beginning early Monday, an emergency measure designed to get thousands of ocean containers in stacks to their cargo owners. The railroad confirmed the suspension from the ports of Los Angeles, Long Beach, Oakland, and Tacoma, saying it is necessary to relieve the “significant congestion at our inland intermodal terminals, most notably in Chicago.” The move goes into effect at 11:59 p.m. PDT July 18.

Fuel costs push rates higher faster in 2021

July 10, 2021

Truckload spot rates continue to trend higher in 2021, averaging $3.18/mile over the past two months compared to $2.96/mile (7.4%) from November to December of last year, according to Truckstop.com’s average top 100 lanes. What can get lost in the cost of transportation is the rising underlying costs such as maintenance, insurance and the most easily tracked — fuel.

Truck capacity constraints worsen on US-Mexico border

July 7, 2021

US businesses shipping goods to and from Mexico are being forced to innovate and consider new ways to move goods as the COVID-19 pandemic disrupts transportation networks on both sides of the border. However, shippers find that alternative transportation options are limited, as capacity constraints that were tight even before the pandemic worsen as the disruption persists.

Major VAT and customs changes will be introduced by the EU from July 1, 2021.

July 1, 2021

The European Union (EU) is making important changes to its value-added tax (VAT) rules, which come into effect on July 1, 2021. This will impact businesses that sell across EU country borders (also known as distance sellers) and businesses exporting goods to buyers in the EU. These changes will lead to simpler procedures and reduced administration, as well as possible broader implications for how merchants conduct business in the EU.

Canadian passenger airline WestJet to launch freighter division

June 24, 2021

Calgary-based WestJet announced it will acquire a small fleet of converted Boeing 737-800 freighters and begin dedicated cargo service to support the needs of freight forwarders, shippers and other Canadian firms amid robust demand for air transport.

US truck freight volumes slip, but not rates or demand

June 23, 2021

US truck freight tonnage dropped in May, but not through lack of demand. Instead, a lack of capacity and supply chain disruption were the most likely culprits… The DAT Freight & Analytics Truckload Volume Index for May fell 6 percent from April and is off 9 percent from its peak in March, although it remained 38 percent higher than a year ago, according the truckload spot market load board operator and market analysis provider.

Supply chain constraints, spot posts push up trucking rates

June 21, 2021

The capacity shortage in the trucking market continued into May as spot load posts were up 290% YoY and truck postings were down nearly 15% YoY… This dynamic kept the load-to-truck ratio elevated, increasing almost 220% YoY for vans, 674% YoY for flatbeds and 324% YoY for reefers.

LTL sector reaching ‘turning point’ for carriers, shippers

June 13, 2021

FedEx Freight is not the only LTL carrier trying to control volume, although other carriers are taking different approaches on a different scale. They may dial back the number of shipments in certain lanes, bypass congested terminals, or refuse shipments to certain locations. Carriers are also turning away non-contractual volume and using price and accessorial charges to change shipper behavior.

FedEx Freight prunes 1,400 customers to protect service levels

June 13, 2021

The heavy trucking division of FedEx Corp. (NYSE: FDX) began notifying select manufacturers, retailers and logistics companies on Friday that it will stop picking up their goods as of Monday, leaving them virtually no time to make alternative shipping arrangements. Other LTL carriers are also operating at maximum capacity and may not be able to absorb more freight in the near-term.

Container availability slumps in southern China ports on COVID-19 lockdowns

June 14, 2021

Ports in southern China impacted by Covid-19 lockdowns that are further disrupting the global box trade have seen a significant slump in container availability in the last two weeks, according to the latest data from Container xChange. Yantian and Shekou ports, near Shenzhen, and Nansha port, part of the Guangzhou box hub, are most affected.

Yantian box disruption surpasses March’s Suez crisis

June 8, 2021

The number of containers unable to move from south China because of a Covid-19 outbreak around Yantian Port has already surpassed the volume of boxes held up in March when the 20,388 teu Ever Given blocked the Suez Canal in Egypt, statistics that serve to underline the severity of the latest supply chain crisis hitting liner shipping.

COVID-19 Outbreak in China’s Yantian Port

June 3, 2021

The container shipping industry and global supply chain from China are facing a fresh challenge due to a disruption at Yantian and the neighboring Shekou ports in southern China near Hong Kong. The province is facing increased restrictions, which are impacting port operations at one of China’s busiest export terminals, due to newly reported cases on COVID-19.

US railroads tightening free time at inland terminals

June 1, 2021

US Class I railroads on both coasts are tightening free time to speed the pickup of record import volumes flowing through their busiest terminals. The moves will narrow the window on many domestic and international shippers and is meant to encourage quicker turns of containers and chassis to relieve congestion on inland rail ramps.

Houston and Savannah Help Alleviate West Coast Ports

May 23, 2021

Those opportunities are in the Gulf Coast and the Southeast — specifically Houston and Savannah. Both ports have seen incredible increases in containerized volumes that began before the pandemic and since the resurgence last summer have only continued to soar.

Cyclone-related port closures in India

May 19, 2021

The severe cyclone that caused several of India’s container ports to suspend all operations over the weekend has dealt another blow to the pace of container flows in and out of the region, which was already suffering from lingering vessel capacity shortages and fresh COVID-19 lockdowns.

West Coast Ports Race to Clear Ship Backlog by August

May 17, 2021

Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials race to clear a backlog of arriving cargo before peak season begins in about three months. A total of 19 container ships were anchored waiting for entry into Los Angeles and Long Beach, California, as of Sunday, compared with 21 a week earlier, according to officials who monitor marine traffic in San Pedro Bay. The bottleneck has persisted since November, peaking around 40 vessels in early February.

Truckers Expect U.S. Transport Capacity Crunch to Persist

May 2, 2021

Freight industry executives expect a squeeze on trucking capacity that has been driving up shipping costs for U.S. companies to persist through the rest of the year, as strong demand in a rebounding American economy collides with a shortfall in truck availability.

Suez effects to stretch into June, container shortage to worsen

April 26, 2021

The effects on ocean freight capacity are beginning to increase a month after the Ever Given became lodged in the Suez Canal. When the Suez — one of the busiest trade lanes in the world — became blocked, ships arrived late to ports of call. Carriers had to respond by blanking sailings that were scheduled on these late ships.

Ports break records with off-peak import deluge in March

April 19, 2021

The Port of Los Angeles’ import volume rose nearly 123% YoY in March to reach 490,115 TEUs — up almost 65% compared to the same month in 2019. The Port of Long Beach had its busiest month of all time in March, despite the month being “traditionally one of the slowest months on the shipping calendar,” the port said in a press release.

9 charts show the highs and lows of supply chains in Q1

April 14, 2021

The growth spurt in consumer spending that began last summer carried over into 2021, with knock-on effects to supply chains. Freight demand led to hikes in transportation prices and warehouse rents, alongside dips in capacity. And near the end of the quarter, a global disruption occurred: The Ever Given became lodged in the Suez Canal.  The charts in the article illustrate the story of supply chains in Q1 2021.

Timeline: How the Suez Canal blockage unfolded across supply chains

April 1, 2021

Days after the vessel was freed, hundreds of container ships were still waiting to get through the canal as a result of the backlog created by the blockage. In the article is what unfolded over the six days in which the container ship was stuck, and its lingering effects on the supply chain.

Suez Canal blocked by stranded Evergreen boxship

March 24, 2021

An ultra large container ship operated by Evergreen ran aground on the Suez Canal on Tuesday, blocking traffic on one of the world’s most important waterways. A large backlog of ships is now massing on either side of the waterway, waiting to go through. An Egyptian official who spoke to the Associated Press confirmed that efforts to remove the ship would take at least two days and blamed a strong 50 km/h gust of wind for the accident.

FedEx Express rates expected to remain elevated for next 12 months

March 19, 2021

FedEx expects the current airfreight environment will allow it to keep its elevated pricing on Express for the next 12 months, executives said on the company’s earnings call Thursday. FedEx Express has experienced higher demand over the last year as a result of the pandemic. Strained capacity due to the loss of passenger flights pushed airfreight shippers to utilize freighters.

Congress takes on truck driver shortage, reboots bill to permit under-21s to haul interstate loads

March 16, 2021

Two senators reintroduced the Developing Responsible Individuals for a Vibrant Economy Act, known as the DRIVE-Safe Act, which would allow CDL holders under age 21 to haul interstate loads in certain circumstances. The regulation would apply to drivers who have completed, or are participating in, an apprenticeship program, according to the bill text.

Port Officials, Retailers See Congestion Lasting for Months

March 9, 2021

During the COVID-19 pandemic, sales of Peloton exercise bikes and other equipment have surged as the New York City-based exercise company saw its membership subscriptions reach more than 3.1 million, more than double the number of subscriptions compared with 2019, as people have avoided their local gyms and turned to exercising at home.

Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers

February 18, 2021

The Federal Maritime Commission issued an information demand requiring ocean carriers and terminal operators to provide details on their detention and demurrage practices, container returns, and container availability for exporters, the agency said Wednesday in a press release.

Port Officials, Retailers See Congestion Lasting for Months

February 10, 2021

An ice storm will spread across a dozen states over the next two days, making travel virtually impossible for truckers. Moisture feeding off the Gulf of Mexico will interact with cold air drifting into portions of the South. This will cause widespread freezing rain and ice Wednesday and Thursday from eastern Oklahoma and the mid-Mississippi Valley to the mid-Atlantic.

Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers

February 10, 2021

Historic volumes at the nation’s ports have knotted the flow of trade so badly that containers filled with December’s holiday items still are being processed through the ports, according to data and analysis from ImportGenius.

Why the empty container math doesn't add up in US exporters' favor

February 3, 2021

Imports surged, and so did the need for containers. To keep up with demand, ocean carriers prioritized shipments out of Asia for U.S. or European imports. This led to an uptick in empty containers leaving U.S. ocean ports as carriers didn’t wait for U.S. exporters to load their goods and instead prioritized more profitable businesses in Asia.

Maersk ship loses 750 containers overboard in Pacific Ocean

January 21, 2021

The company said the Maersk Essen, which has capacity for more than 13,000 containers, lost an estimated 750 of them on January 16 about halfway through its trans-Pacific sailing from China’s Port of Xiamen.

Congestion could clog California ports into February, Hapag-Lloyd warns

January 14, 2021

Hapag-Lloyd expects the current congestion at West Coast port facilities to continue into at least February, according to a recent update from the carrier. The back up has resulted in 35 ships currently anchoring away from the California ports of Los Angeles and Long Beach awaiting berthing spots, according to the notice, which also mentioned increased dwell times at the New York port facility.

West and East Coast Ports Report Strong November Volume

January 4, 2021

The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts. The Port of Los Angeles had a strong month as the nation’s busiest facility processed 889,746 20-foot equivalent units, a 22% increase compared with November 2019, when the facility moved 728,917 TEUs.