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Container Prices Surge In China And India As Supply Chain Blockages Tighten Supply

Container Prices Surge In China And India As Supply Chain Blockages Tighten Supply
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Is air cargo really a bargain right now?

Is air cargo really a bargain right now? 0 525 6 minutes read (Image: Jim Allen/FreightWaves) This is an excerpt from Thursday’s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth.

New yorkUnited statesLong beachUnited kingdomBritish columbiaPort of los angelesSan pedro bayLos angelesMarco poloBrian bourkeTshawn richardNerijus poskusAndrew reesJim allen freightwavesAdil ashiqGreg miller

Supermarket suppliers warn of shortages due to soaring shipping costs

By Harry Holmes2021-03-12T10:19:00+00:00 Analysts have warned it could be several years before rates return to pre-pandemic levels Gaps could soon emerge on supermarket shelves unless retailers accept a greater share of soaring global shipping costs, suppliers have warned. The cost of shipping containers has risen from around $2,000 per container to $14,000 on routes from China and Southeast Asia over the past three months, driven by a global shortage as a result of the pandemic. Analysts have warned it could be several years before rates return to pre-pandemic levels as shipping companies look to recover their costs after years of losses.

United kingdomWalter anzerStephen barlowJohannes schlingmeierIan wrightAndrew opieDistributors associationSoutheast asiaEuro food brandsBritish importersContainer availability indexஒன்றுபட்டது கிஂக்டம்மூச்சுத் திணறல்வால்டர் அஸ்ர்ஸ்டீபன் பார்லோஈயந் ரைட்

Crocs, Inc (NASDAQ:CROX), Lowe s Companies, Inc (NYSE:LOW) - Is Air Cargo Really A Bargain Right Now?

Share: This is an excerpt from Thursday s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth.

New yorkUnited statesLong beachUnited kingdomBritish columbiaPort of los angelesSan pedro bayLos angelesMarco poloBrian bourkeTshawn richardNerijus poskusAndrew reesAdil ashiqGreg millerMarvin ellison

California port pileup leaves old records in the dust | Hellenic Shipping News Worldwide

Labor unrest at West Coast ports in 2015 was a landmark event for U.S. importers. Massive congestion amid contentious contract negotiations with the dockworkers union convinced some importers to shift business to East and Gulf Coast ports and diversify supply chains. But despite its lasting impact, what happened in 2015 pales in comparison to what’s .

United statesLong beachSan pedro bayLos angelesMarco poloGreg millerNerijus poskusMarine exchange of southern californiaCma cgmMarine exchangeAmerican shipperWest coastGulf coastKip louttitContainer availability indexFreightos baltic daily index