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The congestion also has to do with a trend reversal in economic trade activity. Adding to the woes was the Suez Canal incident, a maritime black swan event that has led to severe complexities. A report will be developed based on the survey responses and will be sent out to the respondents’ email addresses upon release.
“ Rising Rollover Rates Show Worsening Maritime Supply Chain Delays “ This is the summary of April’s container rollover statistics published by project44 the global leader in advanced visibility for shippers and logistics service providers.
I can’t export maritime incident data from the US Coast Guard (which could use some tech) but based on this report there were 18 bridge allisions in the United States between 1960 and 2015. But rather than focusing on the tragedy, I’d prefer to look at the silver lining.
According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Autonomous shipping has the potential to reduce human errors, improve safety, lower costs, and increase efficiency in the maritime industry.
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries.
In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review. Globally, the decline in frequency and severity of total losses over the past year continues the positive trend of the past decade.
Like all other industries around the world, the shipping, freight, maritime, logistics and supply chain industries were also impacted cause major upheavals in global trade. ‘Severe Acute Respiratory Syndrome Coronavirus 2’ (SARS-CoV-2) better known as COVID-19 was declared as a pandemic on the 11 th of March 2020.
Supply chains have fractured under the weight of recent maritime import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. And it’s critical to see what’s happening within the chart of the week.
Concern about supply chain disruptions triggered by the Lunar New Year holiday that began this week is running higher this year than last, according to a survey from the German container logistics platform Container xChange. The trend is truest for ocean freight rates from North Europe to the U.S.
As we turn our attention to Lunar New Year in February 2024, the survey paints a muted outlook. People expect ocean freight prices to stay the same or go down for the first and second quarters, continuing the downward trend from 2023. The decline in freight rates raises concerns about future investments in the shipping industry.
The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors. Responding to our attendees’ survey last year, we have extended the opening hours and added a closing party for even more networking opportunities.
Meanwhile, the lack of available lots, expensive building materials and labor availability issues have slowed recent construction trends. In addition, data from surveys of small and mid-sized flatbed carriers show how improved flatbed volume has translated into improved operating and financial performance for flatbed carriers.
CMI – The Comité Maritime International, is a non-governmental organization established in Antwerp in 1897 with the objective of unification of maritime law in all its aspects. If you want to check your readiness to invest in freight technologies, you can take click here to take a short 5-minute survey. The beginning.
Global maritime commerce gathered momentum two years ago and raised sentiment in the shipping industry,” says Frida Youssef , UNCTAD’s trade analyst. There’s little doubt that trade wars in these arenas could reshape global maritime trade patterns and dampen UNCTAD’s cautiously optimistic forecast. Balancing act. Compliance to U.S.
Container xChange has released a Container LogTech predictions report for 2023, which highlights important global trends that the shipping and supply chain industry will witness in 2023. Most of the experts surveyed foresee that inflation and recession will have a greater impact this year and will be the biggest driver of disruptions. ‘‘Due
A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. With a global recession on the horizon, once the world’s economies are back to normal, we will see whether the current trends will continue. A shift is obvious.
said Cathy Morrow Roberson, Founder and President of Logistics Trends & Insights LLC during a webinar organised by Container xChange on the Chinese New Year analysis and predictions. I think companies can prepare better by controlling costs, better forecasting, and efficient information flow. This is where technology can help greatly.”
On profitability performance, survey results indicate that excluding the impact of volume and rate changes, margin pressures for forwarders will intensify over the next five years. The Ti report mirrors much of what’s contained in a recent survey conducted by the consultancy Logistics Trends & Insights. Digitize or die.
The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors. Responding to our attendees’ survey last year, we have extended the opening hours and added a closing party for even more networking opportunities.
The global survey of 3,000 company executives found that companies in North America and Europe are most likely to outsource more than half of their services within their region. The next challenge that will alter these trends is an economic slowdown looming over regional markets. Businesses are finding ways to respond and grow.
ports are finally keeping pace with technology-driven trends in other transport industries. Port terminal survey reveals more on automation trends. More evidence that ports are initiating digital advances surfaced recently in a global port terminal survey conducted by Oakland-based Navis, a part of Cargotec Corporation.
ports are finally keeping pace with technology-driven trends in other transport industries. Port terminal survey reveals more on automation trends. More evidence that ports are initiating digital advances surfaced recently in a global port terminal survey conducted by Oakland-based Navis, a part of Cargotec Corporation.
Take Germany, for example: the “Trends in Logistics & SCM” study conducted by the German Logistics Association BVL in 2023 shows that cost pressure was the most important topic for decision-makers in 2016, but in 2023 it only ranks fourth. Things were different a few years ago.
Ocean container volumes in Northern Europe are seeing decent volumes, coupled with anticipated growth throughout 2018, according to the most recent edition of the the Global Port Tracker report from maritime consultancy Hackett Associates and Institute of Shipping Economics and Logistics.
Of course, West Coast ports may see short-term volume adjustments from trade policies due to concentrated trade with the Asia-Pacific region, a trend observed in the second quarter and third quarter of 2018. A recent survey conducted by the on-line forwarder iContainers lists the 10 ports U.S. GDP in 2019. compared with a year prior.
Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35% Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35%
Esben Christensen , global co-head of AlixPartners’ maritime practice, says that he has his doubts about a reversal of fortune, however. Dysfunctional trends. While analysts there have yet to comment on this worrying trend, other experts have been highly critical of the industry.
Some of the main concerns expressed by ports surveyed by Automotive Logistics include finding more storage and handling capacity, especially given the growth that some of the bigger car handling ports are seeing, and at times when there are sudden spikes in volumes. . Where to put it all . ” – Joerg Tuitjer, EVAG.
In terms of the driver shortage, ECG’s president Wolfgang Göbel presented figures showing that over the next 10-15 years in Germany alone, 40% of truck drivers would be retiring, which given current trends meant a shortfall of 150,000 drivers. cap on the sulphur content in marine oils from the beginning of January 2020. sulphur limit.
One of the main drivers of the trend is the growth of international flows from exporting shippers, the firm found in its “2023 E-shopper barometer” survey, released in February. The simple reason driving this trend is that criminals have so much to gain, the Texas-based supply chain visibility and security firm said.
The National Retail Federation (NRF) published survey results citing 84% of the respondents have mentioned plans to celebrate. Unlike last year where celebrations were muted, this year sees the trend pickup to match the 2019 spending map. The last few months have been especially challenging for maritime transport.
According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. This Sunday is Father’s Day, and consumers across the country are apparently ready to celebrate. And to celebrate, they will spend.
Blockchain will revolutionise the industry from a security and traceability standpoint,” predicts William Ralph, a maritime economist with R.K. Today, even in a highly technical environment, around half of maritime bookings and bills of lading are entered manually, creating errors on up to one-third of shipping invoices.
I’ve now seen a new trend around using AI for music: illustrating song lyrics. According to an American Shipper survey of marine traffic ship-position data, together with the latest queue lists from California ports, there were 27 container vessels off the West Coast and 72 off the East and Gulf coasts as of the end of last week.
Maritime analysts at Xeneta , a global benchmarking and market intelligence platform based in Oslo, Norway, note that carriers operating in the trans-Pacific have been able to make their general rate increases (GRIs) stick through early autumn. Hamburg Süd, Hyundai Merchant Marine and OOCL were the three highest ranked carriers in 2018.
We’ve seen growth in auto exports to China and we hope that trend will continue.” This National City Balance Plan is a way to help the port increase its maritime commerce and increase maritime jobs,” says Joel Valenzuela, director of maritime at the Port of San Diego. More on North America’s ports.
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