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
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🚢 "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
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%. #shipping #containershipping #oceanfreight #freight #logistics #globaltrade #business
Anxious shippers send rates soaring months before peak season
shippingwatch.com
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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
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🌐🚢 Explore freight container index data with Star Concord ShipTrends. 📈✨ Stay on top of industry trends, adapt to market fluctuations, and gain valuable insights to optimize your logistics approach. #StarConcord #StarConcordShipTrend #FreightIndex #LogisticsInsights #IndustryTrends
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🌐🚢 Explore freight container index data with STAR CONCORD ShipTrend. 📈✨ Stay on top of industry trends, adapt to market fluctuations, and gain valuable insights to optimize your logistics approach. #StarConcord #StarConcordShipTrend #FreightIndex #LogisticsInsights #IndustryTrends
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🌐🚢 Explore freight container index data with STAR CONCORD. 📈✨ Stay on top of industry trends, adapt to market fluctuations, and gain valuable insights to optimize your logistics approach. #StarConcord #StarConcordShipTrend #FreightIndex #LogisticsInsights #IndustryTrends
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🚢🌎 Let's take a moment to talk about shipping realities. Right now, there are worldwide exporting delays affecting our industry, and it's important that we acknowledge these challenges, and what we can all do to try and minimise disruption to the supply chain. 🗓Why have the schedules moved? There are a number of factors that have an impact. Amongst others: container availability, change of rules and fees for shipping lines, port congestion, social and political challenges, the unforgiving weather in Central America which have affected roads and coffee movement, a global shortage in shipping containers meaning the cost of a container is now over 200% higher than this time last year... 💬 ✨So what can we do? Well we understand that forward planning is super important, so we make sure to build our containers efficiently. We hold a buffer spot stock in all of our import operations to make sure we can support our roaster partners should any delays cause stock level disruption, all while combining shipments to maximize container usage and reduce costs. We offer support to our producer partners to help them overcome challenges like labor shortages and lower yields. And we keep our roaster partners informed about potential delays and set realistic expectations regarding delivery times. 👋Reach out to your local team if you want help with forward contracting around these challenges, or need a top up of coffee from our Spot stock! #CaravelaCoffee #SpecialtyGreenCoffeeExperts #BetterCoffee #ShippingRealities
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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
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We now have #data for #containerahipping demand in May. It was record high. Looking into the traditional peak season in Q3, a number of aspects most change if #freightrates are not to reach the Covid19-highs. Read about it in this piece #thoughtleadership #insights #supplychains Xeneta
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
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This week's #supplychain update highlights the surge in ocean shipping rates due to strong demand and peak conditions in the Transpacific Eastbound market. Rates are expected to continue rising, with space remaining tight due to port congestion and equipment shortages. This and more headlines at the link: bit.ly/4bj4byo
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Following up on last week's post about rising container rates, companies are now paying 3x-4x more per container compared to a year ago. This increase, combined with the potential need to pad inventory ahead of an East Coast strike, is driving up the total input costs for goods significantly. Leading companies will mitigate this impact through freight policies designed to pass these added expenses on to consumers. All of the changes happening in international shipping are going to result in longer delays in sourcing, less goods available to meet demand, and pricing rising substantally. Right in time for the holiday shopping! #PeopleDriveLogistics #Intl #InternationalShipping #Shipping #Imports #Exports #Inflation #ContainerRates #Disruptions
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