Container Crisis: Where Are They?
Containers have been increasingly elusive since the beginning of 2020, not due to a lack of quantity, but because of supply chain disruptions displacing shipments. Efforts to combat high demurrage costs at congested ports have led to supply chain managers redistributing receiving areas in attempts to get shipments as close to their destinations as possible […]
Heatwaves to Cause Worst Wildfire Season on Record
Unprecedented weather across North America could lead to trucking, logistics, and supply chain issues with little to no warning. A BBC article states that the heatwave in the United States is contributing to America and Canada’s worst wildfire seasons yet. With reports from the US drought monitor affirming that at least half the nation has […]
Predictions for Hurricane Season
Now is the time to secure supply chains through the fall for what could be an above-average hurricane season in the Gulf area. A recent article details a forecast of the 2021 hurricane season according to hurricane research specialists at Yale University. After earlier-than-anticipated Elsa surged its way across the coast, experts are predicting a […]
Global Events Will Affect Christmas Shipping
The BBC reports that supply disruptions could have an impact all the way through to Christmas of 2021, suggesting the world complete their shopping lists now in preparation. Citing the port closures in Guangdong, this, compounded by other recent shipping events such as the Suez Canal blockage and shortage of shipping containers earlier in the […]
Ports Shutting Down Due to Covid-19 Fluctuations
A recent article published by the Independent Commodity Intelligence Service (ICIS) outlines how a lack of vaccinations across the globe can further exacerbate an already grim outlook on container freight. Sighting a preexisting uneven distribution of containers throughout the world’s supply chain, it continues to persist as ports shut down due to fluctuating Covid-19 cases. […]
