Ports of LA/LB delay container dwell fee for another week
As long-staying cargo in the ports reduces further, the Ports of LA and LB have now delayed the introduction of container dwell fees until at least 28 January. Source: Seatrade Maritime
Asia-USWC spot rates spike as Chinese New Year holiday looms
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February. Source: The Loadstar
Record volumes and vessel queues for Port of LA in 2021
The Port of Los Angeles handled a record 10.7m TEU in 2021, a year that was characterised by congestion and ever-growing queues of ships. Source: Seatrade Maritime
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
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…
Why is Supply Chain Collaboration Important? 5 Step Succesful Supply Chain Collaboration
A common thread that runs across the world’s winning supply chains is their ability to build and manage relationships. By mastering the art of supply chain collaboration, these companies have been driving cost savings and process efficiencies. But what does supply chain collaboration mean, and how does it fit into present-day supply chain management? In…
6 Benefits of Shipping Analytics Software in Logistics
Shipping analytics software in logistics is of huge importance. The logistics and supply chain industry are among the most dynamic and complex industries involving several bottlenecks, movement of assets, reliance on third parties, etc. Above all, the industry is prone to disruptions and more particularly unforeseen events, making a solid case for why companies are…