Port congestion eases in the United States, shifts to Asia
The average number of ships waiting per day at Asian ports increased from 13 in December 2021 to 22.5 per day last month.
Source: Seatrade Maritime
Similar Posts
5 Digital Procurement Transformation Areas for Digital Procurement Strategy
In today’s fast-moving digital age, freight procurement stands to gain a great deal from digital procurement transformation – and, the sooner logistics companies begin their journey, the better. Automating your freight procurement from end to end enables an unmatchable performance and drives ROI to a major extent. The latest tools in the digital procurement field…
What is 4PL and what is 3PL? The difference between 4PL and 3PL
Deciding whether your organization needs a 3PL or a 4PL provider is an integral part of your supply chain management. Mistakes on this front can and do happen, costing companies big money. The key here is to understand the five kinds of logistics parties and learn to distinguish between the services they provide. While in…
Ningbo-Zhoushan port adds container berth
The port has launched operations of a new 100,000 tonnes-class large size container berth at the Jintang port area which will be 340 metres long and 59 metres wide. Source: Seatrade Maritime
Two supply chain trends you can’t ignore in 2023
Over the last two years, as supply chains are being forced to respond to various disruptions, the need to invest in risk mitigation strategies has come to the forefront. A recent Statista survey found that 72% of businesses are still suffering from the adverse effects of the pandemic. As global supply chains continue to face…
U.S. Senate introduces a new and flexible version of OSRA bill
To promote the US exports and curb carriers’ power over bot container service and equipment fees charged to shippers, the U.S. Senate introduced a new, flexible version of the bill on Thursday. Source: Logistics Insider
Air Freight Vs Ocean Freight: How to Choose?
Businesses that deal with international shipments are always faced with the dilemma of choosing between Ocean freight and Air freight at some point or the other. Although the two serve the same purpose, they are poles apart in multiple ways. Choosing to use one over the other is a highly conditional decision and boils down…