Page 2 - கொள்கலன் கிடைக்கும் குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Container prices surge in India as supply chain logjam tightens supply
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Container Prices Surge In China And India As Supply Chain Blockages Tighten Supply
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
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.
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.
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.
vimarsana © 2020. All Rights Reserved.