LA/LB ports’ container dwell fee programme extended
The Los Angeles Harbor Commission voted 5-0 to extend the container dwell fee programme meant to reduce congestion at the LA and LB ports until 29 April.
Source: Seatrade Maritime
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
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…
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…
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…
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
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