Container line schedule reliability plunges to 35.8% in 2021
Container line schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, marking a staggering drop from the pre-2020 levels.
Source: Container News
The state government of California has moved to lease six off-dock properties, with a standing capacity of some 20,000 containers as part of a plan to ease congestion. Source: The Loadstar
The Israel-Palestine conflict has raised significant alarm about the possibility of disruptions in the global supply chain. This ongoing dispute has triggered concerns over potential bottlenecks in shipping, surging freight rates, and unpredictable delivery schedules, all of which present a substantial hurdle to the smooth operation of worldwide supply networks. Additionally, the lack of clarity…
Two additional container berths at Ningbo-Zhoushan port have been opened temporarily for international vessels to reduce the pressure on container cargo handling. Source: Seatrade Maritime
100+ companies and associations representing the US agricultural industry are demanding a bill addressing ‘unreasonable ocean carrier practices that are undermining US export competitiveness.’ Source: The Loadstar
Dalian is the latest port city in China to detect the Omicron variant. As a result, forwarders have warned of more shipping delays in the countdown to the Chinese New Year. Source: The Loadstar
A record 7.2m TEU was added to the global container equipment fleet last year, taking it to 50.5m TEU, driven by unprecedented demand from ocean carriers and logistics operators. Source: The Loadstar