What Should Businesses Learn From Recent Ningbo Port Congestion?

What Should Businesses Learn From Recent Ningbo Port Congestion?

The recent Ningbo port congestion piled up more pressure on the already strained global supply chains and affected businesses adversely, especially in the US. This article looks at everything that led to the disruption and how shippers can mitigate the impact of such events in the future.  The Ningbo Port in China’s Zhejiang Province was…

Container shortages: A glimmer of light at the end of the tunnel?
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Container shortages: A glimmer of light at the end of the tunnel?

The recent shipping container shortage that’s left everything from soybeans to smartphones idling in ports threw global trade into chaos. While shippers were scrambling to keep their goods moving, the import/export imbalance pushed ocean rates to eye-watering levels. So, where have all the containers gone? Many remain stranded in inland depots, and hundreds more are…