Global Logistics

Shipping Container Crunch Shows Signs of Easing

Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

February 5, 2021

Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs.

Rogue Captain’s Mid-Ocean Detour Tips Investors to Crisis at Sea

February 3, 2021

Bloomberg

In one of the most hidden horrors of the pandemic, cargo ships turned almost overnight from engines of global commerce into floating prisons.

J&J Raises EU Concern With Plan to Package Vaccines in U.S.

February 2, 2021

Bloomberg

Johnson & Johnson will ship some COVID-19 vaccines ordered by the European Union to the U.S. for the last stage of production, raising concern among some member states that the bloc’s inoculation program could be hampered by further delays.

Freight Firms Reject 1-in-5 Cargos Shipped From France to U.K.

January 29, 2021

Bloomberg

Freight companies are rejecting one in five contracts to take goods from France to the U.K. as border rules put in place after Brexit added to delays in moving goods across the English Channel.

Shipping Container Crunch Shows Signs of Easing

January 26, 2021

Bloomberg

A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing.

Shippers Saw a Need for Bigger Vessels, But They Built Them Too Big

January 24, 2021

Bloomberg

Here's why the cost of shipping goods out of China is soaring right now.

Brexit Border Trouble Grows as Key Customs System Maxes Out

January 20, 2021

Bloomberg

A key U.K. government customs system has been overwhelmed within weeks of Brexit and threatens to trigger more disruption as freight traffic rebounds.

Piracy Surge Off West Africa Draws Maersk Call for Action

January 18, 2021

Bloomberg

Pirate attacks have pushed up insurance and other costs for shippers operating off West Africa, with some resorting to hiring escort vessels manned by armed navy personnel.

LSP Saves Customer $1.5 Million a Year With Kinaxis Global Inbound Management

January 8, 2021

Kinaxis Inc.

Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials. However, the company lacked adequate visibility and transportation management over it’s 60,000 purchase orders per year, resulting in incomplete deliveries, poor shipment-status insights and high administrative and process costs.

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

January 8, 2021

Bloomberg

Orders fell almost 10% in 2019 and then more than 50% in 2020 to the lowest in at least two decades, IHS Markit data show. If activity doesn’t pick up, that could lead to a dearth of vessels and a spike in freight rates in a few years.

Global Logistics

The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.