Caravela Coffee’s Post

Container Shipping Rates The tumult in container shipping rates was mainly stoked by supply chain snarls rather than plain old money inflation, which is why they've now drifted back to their old neighborhood of prices, while most everything else stayed pricey. Right now, though, it's the Red Sea bottleneck causing a fresh round of headaches. #freight #supplychain #procurement

🚢 "Anxious shippers send rates soaring months before peak season". Shippers are feeling the pressure of major supply chain disruptions, driving up freight rates and kick-starting the peak season months ahead of schedule. Here is a breakdown of the situation: 🔺 Rapid Rate Increase: Last week, freight rates for container ships across major shipping lanes surged by 16% - the second-highest jump since the pandemic. 📊 Impact on Small Shippers: Smaller shippers are facing higher price increases (up to £500 per container) compared to larger ones (around £150 per container). 🌍 Supply Chain Disruptions: The closure of the Red Sea shipping lane due to Houthi attacks is forcing ships to take longer routes around Africa. Key ports in Asia are experiencing significant delays: Jebel Ali: 3-4 days Dammam: 4-6 days Singapore: 3-5 days 🚢 Blank Sailings: The Asia to Northern Europe route lost 21% of its planned capacity in April due to cancelled voyages. 💡 Advice: In this volatile market, securing contract rates is essential for shippers to manage costs effectively. Stay informed and plan to navigate these turbulent. Reach out for your free quote today: 📱 Send us a message ✉ [email protected] 💻 kr-l.com

Anxious shippers send rates soaring months before peak season Shippers fear major delays on goods due to new supply chain disruptions. This has jump-started the peak season and sent spot rates soaring. ”There are indications that we’re seeing an early peak season coming in the midst of some major supply chain disruptions,” says Lars Jensen, shipping analyst and founder of the consultancy Vespucci Maritime. Last week, freight rates for container ships across the major shipping lanes increased by 16%. Contact us for more information and the most competitive rates ☎️ 353-1-2234705 📧 [email protected] Check out or website - www.sealandglobal.ie Anne Hanley Catherine Casey Marzena Bajor Stephen Higgins Kallan Plunkett Maria Natalie Mendoza Olena Gudkova Richard Case 🇮🇪 🇪🇺 #shipping #containershipping #oceanfreight #freight #logistics #globaltrade #business https://lnkd.in/e-8A-Abf

Supply chains are all about building buffers (and about moving goods, of course). If there’s one thing COVID-19 taught us, it’s how quickly buffers can disappear when challenges pile up. Think shutdowns, import spikes, canal blockages, misplaced containers, and no toilet paper. Today (to a lesser extent!) we’re seeing another pileup of factors (congestion, transshipments, looming tariffs, and earlier peak season) pushing rates back up. How high, you ask? (Or did I not hear your correctly? Based on Judah Levine's latest Freightos weekly update, Asia-US West Coast prices crept up 1% this week to $5,969 per FEU, while Asia-N. Europe surged 5% to $6,480 per FEU. On the air cargo side, China-N. Europe prices soared by a whopping 26% to $4.27 per kilogram. Demand is through the roof, and capacity is stretched like Gumby (90's alert!). That’s pushing long-haul carriers to beef up transpacific and Asia-Europe services, making regional and lower-volume lanes feel the pinch. US forwarders are also reporting a spike in demand as companies rush to move goods before August tariff increases on Chinese products. And then there’s the seasonality factor, which is unseasonably early. Shippers are hustling to get seasonal goods out the door now to avoid the inevitable Q4 congestion and inventory nightmares. Add in EU port strikes plus ongoing Red Sea congestion, and you’ve got a logistics cocktail that’s tough to swallow (Congestion on the Beach? Supply Chain Sangria? Customs Collins?🍸). But let’s not get too down. Despite the chaos of the Suez Canal crisis earlier this year, rates actually dipped after the initial crisis before spiking back up. This tells us that while the current pressures are intense, they aren’t necessarily permanent and that as markets adjust and some issues resolve, there’s hope for stability (albeit at a higher floor). At least that’s what I’m hoping for. Find this post helpful? Share it with a friend or smash that follow button. Think it's not helpful? Please email me at [email protected] #supplychain #logistics #freight

Supply Chain, Price Hikes, CNY Looming - Get your containers booked early. A summary from our shipping forwarder: * Red Sea Disruptions * Delays from Asia to West Coast: 10-15 days * Shipping rates have doubled, surcharges are back

Shipping delays & related Covid chaos flashbacks are reentering the minds of supply chain managers. Rapidly rising cargo rates have some now feeling sea sick. Vessels are running full as an early peak season is already here. https://lnkd.in/gazDn79F #supplychainmanagers #supplychainnews #shippingnews #peakseason #shippingdelays #cargo #trade

It appears that the decline in ocean freight movement this quarter is primarily due to weaker demand. As a result, many shippers are not only facing challenges in their supply chain operations but also experiencing rate increases. The combination of decreased demand and disruptions in the supply chain can have a significant impact on the shipping industry. It's important for shippers to closely monitor the situation and explore strategies to navigate these challenges effectively. https://lnkd.in/g4jX7mRw

With the disruption in global container shipping and rapidly increasing prices I’m curious to hear others’ perspectives. How are you managing the increased rates and longer lead times? What are your thoughts about how long this will persist? Is this COVID all over again or will it be short lived? #scoularfoodinnovation #supplychain

🚢 During the pandemic, shipping container prices increased 400% but dipped down below pre-2019 levels in 2023 📉 Now, with conflict in the Red Sea, pricing is up again: 150% in just a few months ⚠️ While this isn’t the sexiest part of what we do, understanding what goes into a P&L and how that affects ROI is a big piece of our business 🔑 Will pricing fall back into line after Chinese New Year or are we in for another increase? Read more here, via BBC News: https://hubs.li/Q02jH4fD0 #SupplyChain #ShippingCosts

As the dramatic spike in ocean freight container shipping spot rates continues into July, what needs to happen if the market is to avoid reaching the levels seen during the Covid-19 pandemic? Peter Sand takes a look at congestion pain points, rate movements and how shippers can play their role in helping to ease the pain points in global supply chains. https://lnkd.in/eCZP6spM #pandemic #spotrates #supplychain