If companies have not yet ordered goods for the major holidays, the next few months will be incredibly expensive, says C.H. Robinson. ”The challenge is particularly acute for shippers who were unable to secure enough space at long-term contract rates when shipping lines set strict contract deadlines at the beginning of May,” says Ali Ashraf, Director of C.H. Robinson Marine Products. Companies are in dire straits if they have cargo that needs to be shipped quickly from Asia to the US. #shipping #oceanfreight #freight #logistics #finance #business #globaltrade
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We need more of this #transloading #intermodal #logistics #transportation #supplychain
Managing Partner and CEO, Cambridge Capital and BGSA. Leading advisor and investor to supply chain and tech companies.
Meet the new boss. Same as the old boss. As the ILA threatens to shut down East Coast ports, we are seeing a resurgence in transloading, which is fueled by the shift back to West Coast ports. As the article below highlights: “We’re seeing a double-digit shift from cargo moving away from the East Coast and to the West Coast,” Michael Aldwell, executive vice president of sea logistics for Kuehne Nagel, told CNBC, citing the issues seen in the Panama Canal and Red Sea, as well as the threat of a potential labor strike at the East Coast and Gulf ports. 2024 is shaping up to be another year of freight volatility! Who will the winners be? Transloading, West Coast-based port logistics, predictive analytics, and others? #supplychain #transloading https://lnkd.in/exsCWJMF
A trucking and rail strategy that boomed during pandemic shocks is heating up again
cnbc.com
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Managing Partner and CEO, Cambridge Capital and BGSA. Leading advisor and investor to supply chain and tech companies.
Meet the new boss. Same as the old boss. As the ILA threatens to shut down East Coast ports, we are seeing a resurgence in transloading, which is fueled by the shift back to West Coast ports. As the article below highlights: “We’re seeing a double-digit shift from cargo moving away from the East Coast and to the West Coast,” Michael Aldwell, executive vice president of sea logistics for Kuehne Nagel, told CNBC, citing the issues seen in the Panama Canal and Red Sea, as well as the threat of a potential labor strike at the East Coast and Gulf ports. 2024 is shaping up to be another year of freight volatility! Who will the winners be? Transloading, West Coast-based port logistics, predictive analytics, and others? #supplychain #transloading https://lnkd.in/exsCWJMF
A trucking and rail strategy that boomed during pandemic shocks is heating up again
cnbc.com
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Shipping news update: As much as we always like to bring you good news, the information we are receiving from our shippers is not what we want to hear, and for those who have been watching the news, it should come as no surprise! Warnings are now flooding in following the spate of attacks on commercial shipping vessels in and around the Red Sea. Decisions by shipping giants Maersk and Hapag-Lloyd to suspend all journeys in the area are not only going to have a devasting impact on delivery times, but the cost of shipping a 40ft container could reach the dizzy COVID pandemic heights of $10k and upwards, which in turn will only drive the cost of landed products higher. HSC are exploring every cost-effective avenue to ensure that products will arrive on time with minimal effect on the landed cost and will keep you informed along the way. Let's hope this can be resolved quickly so we do not face those delays and price increases as seen before during COVID! BBC News article: https://ow.ly/uNq350QmZga #toolhire #shipping #costs #
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Container ships are waiting at Asian ports as retailers struggle to shift excess stock - https://lnkd.in/dFDDbErp #cruiseindustry #maritime #maritimenews #maritimeindustry #ship #shipnews #maritimelogistics #cruise #cruiseship
Container ships are waiting at Asian ports as retailers struggle to shift excess stock
https://www.oolp.live
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Maritime Security Bulletin and Advisory Re: Shipping Carriers Declare Force Majure Due to Baltimore Bridge Collision Issued by: Sanborn Analytics Email: [email protected] Phone: ( 1)(617)539-6114 Media Credit: This advisory incorporates information sourced from CNBC News (see link). Date: March 29th, 2024 Subject: Ocean Carrier Force Majeure Declaration and Baltimore Port Bridge Crisis Dear Maritime Shipping Community and Armed Naval Forces at Sea, Sanborn Analytics issues this bulletin to alert and advise the maritime shipping community and naval forces at sea regarding the recent declaration of force majeure by ocean carriers due to the ongoing Baltimore port bridge crisis. On March 27th, 2024, ocean carriers, including CMA CGM, declared force majeure, citing events beyond their control related to the Baltimore port bridge crisis. As reported by CNBC News, this declaration places new responsibilities on logistics companies and U.S. shippers, including retailers, concerning cargo dropped off at alternate ports. According to CMA CGM's communication to customers, containers on the water will be discharged at alternate ports, where they will be made available for pick-up, and the carrier's bill of lading will terminate. COSCO and Evergreen have similarly announced the conclusion of services upon the arrival of diverted containers at alternate ports. However, Maersk has taken a different approach, offering continued transport services. Maersk plans to omit the port and discharge cargo set for Baltimore at nearby ports, facilitating landside transportation to reach the final destination. Maersk acknowledges the fluidity of the situation and pledges to work with customers to address contingencies as they arise. In light of these developments, Sanborn Analytics urges all stakeholders to remain vigilant and adaptable. We recommend closely monitoring communications from ocean carriers and logistics providers for updates on service disruptions and alternative arrangements. Stay informed, stay secure. Sincerely, Sanborn Analytics #maritimesecurity #baltimore #cmacgm #maresk #cnbc https://lnkd.in/gx94UzVE
Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup
cnbc.com
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42% of customers reported uncertainty in forecasting as the most significant risk to supply chains. Our team of experts is here to support your global shipping goals and ensure your freight arrives at its destination as planned. Explore our air freight solutions with C.H. Robinson. #airfreightsolutions #aircargo #supplychainsolutions
Explore our global air freight services | C.H. Robinson
post.chrobinson.com
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Shipping news update: As much as we always like to bring you good news, the information we are receiving from our shippers is not what we want to hear, and for those who have been watching the news, it should come as no surprise! Warnings are now flooding in following the spate of attacks on commercial shipping vessels in and around the Red Sea. Decisions by shipping giants Maersk and Hapag-Lloyd to suspend all journeys in the area are not only going to have a devasting impact on delivery times, but the cost of shipping a 40ft container could reach the dizzy COVID pandemic heights of $10k and upwards, which in turn will only drive the cost of landed products higher. HSC are exploring every cost-effective avenue to ensure that products will arrive on time with minimal effect on the landed cost and will keep you informed along the way. Let's hope this can be resolved quickly so we do not face those delays and price increases as seen before during COVID! BBC News article: https://ow.ly/g6HC50QmZgh #toolhire #shipping #costs #
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Shipping news update: As much as we always like to bring you good news, the information we are receiving from our shippers is not what we want to hear, and for those who have been watching the news, it should come as no surprise! Warnings are now flooding in following the spate of attacks on commercial shipping vessels in and around the Red Sea. Decisions by shipping giants Maersk and Hapag-Lloyd to suspend all journeys in the area are not only going to have a devasting impact on delivery times, but the cost of shipping a 40ft container could reach the dizzy COVID pandemic heights of $10k and upwards, which in turn will only drive the cost of landed products higher. HSC are exploring every cost-effective avenue to ensure that products will arrive on time with minimal effect on the landed cost and will keep you informed along the way. Let's hope this can be resolved quickly so we do not face those delays and price increases as seen before during COVID! BBC News article: https://ow.ly/CRyl50QmZge #toolhire #shipping #costs #
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LOS ANGELES, October 3, 2023 — A.P. Moller - Maersk (Maersk) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months. The new facility is just 15 miles from LAX and less than nine miles from the Port of Long Beach. Site staffing will be in place for the conduct of customs brokerage, commercial sales, and freight operations such as LCL transload. This site is U.S. Customs bonded Container Freight Station (CFS) and a U.S. Transportation Security Administration (TSA) Certified Cargo Screening Facility (CCSF). This ensures timely and secure air freight handling. The facility is scheduled to attain Free Trade Zone status in 2024 to benefit from lower duties, reduced processing fees, and faster movement of goods. The opening of the Los Angeles facility is the latest step in Maersk’s North American air freight capacity expansion program that extends across strategic cargo entry points and is aligned to customer demand. The new capacity allows for more supply chain integration opportunities and better scaling to care for seasonal peaks as well as market driven volume spikes for breakout product launches. LAX is one of the busiest airports in the world for both passenger traffic and cargo handling and is a major gateway between the U.S. and the Asia-Pacific region. According to Los Angeles World Airports, LAX ranks among the top 5 airports in the U.S. by tonnage.
We have expanded our global air freight services in North America with a new strategic air cargo gateway near Los Angeles International (LAX)✈ "Our new Los Angeles air hub positions Maersk for years of growth. LA is a self-managed air facility that has tripled our access to capacity on the U.S. West Coast. Our customers will benefit from higher service levels and greater warehouse capacity." says John Wetherell, Head of Air Freight in North America. Click for full details 👉🏽 https://lnkd.in/ejUv4tkb #MaerskAirCargo #AirFreight #SupplyChain #Logistics #Solutions #Maersk
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Happy National Transportation Week! Our very own Lori Mullins could not have said it better. Transportation truly is the vital principle of our interconnected world, powering economies and bringing communities together in ways that are often taken for granted. Rogers & Brown is immensely grateful to move goods and facilitate journeys, knowing that each shipment contributes to the smooth functioning of countless industries and people's daily lives worldwide! __________________________________________________________________ Let Rogers & Brown be the link in your supply chain today: www.rogers-brown.com [email protected] #NationalTransportationWeek #TransportationWeek #TransportationAppreciation #MovingTheWorld #SupplyChainHeroes
Director of Operations, LCB, CCS at Rogers & Brown Custom Brokers Inc/ President at Houston Customs Brokers & Freight Forwarders Association
During National Transportation Week in the US, we honor the vital role transportation plays in our daily lives. From the goods we rely on to the journeys we embark upon, transportation networks power our economy and connect communities. Whether it's the efficient movement of goods by sea, air, rail, or truck, or the seamless travel experiences facilitated by modern infrastructure, this week is a reminder of the tireless efforts of those in the transportation industry. Let's recognize the dedication of professionals who keep our supply chains moving and ensure the safe and timely arrival of goods and people nationwide. So thankful to be a part of this amazing network of providers. Thankful for the work and people at Rogers & Brown. And for our members at: National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) Houston Custom Brokers and Freight Forwarders Association #NationalTransportationWeek #Infrastructure #Logistics
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