Ocean Transportation

Shipping Rates Resume Rise as Snarls Extend Into Seasonal Lull

February 25, 2022

Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.

Narrow Window to Clear Clogged U.S. Port Hinges on Demand Waning

February 25, 2022

Bloomberg

The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union-contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.

Three Shipping Trends to Watch This Year

February 23, 2022

Zeke Ziliak, SCB Contributor

The only certainty in logistics is that uncertainty will grow, opening the door to innovative and adaptable companies to emerge as industry leaders.

White House Will Invest $450 Million to Ease Port Congestion

February 23, 2022

Bloomberg

The U.S. Transportation Department is awarding some $450 million in grants for port-related projects to bolster capacity and improve the movement of goods, senior Biden administration officials say.

Soaring Diesel and Gasoline Prices Are Bleeding Into Shipping

February 22, 2022

Bloomberg

The cost of marine fuel is up 23% since the beginning of the year.

VIDEO

Watch: A Rough Year Ahead for Transportation and Logistics

February 21, 2022

Robert J. Bowman, SupplyChainBrain

Juan Cazorla, head of the Transportation and Logistics Specialized Industry Group of Regions Bank, offers both a short-term and long-term outlook for the transportation and logistics industry.

Burning Cargo Ship Drifts in Atlantic With Porsches, Audis Aboard

February 17, 2022

Bloomberg

The Felicity Ace, a massive Panama-flagged cargo ship carrying thousands of Volkswagen Group vehicles, caught fire and was left unmanned.

L.A. Port Sees Chance to Ease Ship Backlog by Summer Peak

February 9, 2022

Bloomberg

U.S. supply chains have a chance to normalize after retailers replenish inventories next quarter, even if peak summer demand arrives sooner than usual, according to Port of Los Angeles Executive Director Gene Seroka.

Net-Zero Plans of the Biggest Global Companies Don't Add Up

February 8, 2022

Bloomberg

What do Unilever, Google and Amazon have in common? Their net-zero promises do not add up to net zero, a new report says.

Bipartisan Ocean Shipping Overhaul Introduced in U.S. Senate

February 3, 2022

Bloomberg

The first major update of U.S. international ocean-shipping laws in more than two decades has been introduced in the Senate, a significant step toward passage after passing the House with bipartisan support in December.

Ocean Transportation

The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.