Tag: supply chains
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2022.06.07CHINA’S LATEST REOPENING MAY MAKE U.S. PORT CONGESTION WORSE
As Shanghai emerges from a two-month long lockdown, pent-up demand may continue to flood the already congested Southern California ports. According to Drewry Shipping Consultants, there were about 260,000 TEUs that did not ship out from Shanghai during April. If the reopening after Chinese New Year is any indication of what is to come, […]
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2022.05.17WHY OCEAN CARRIERS ARE REDUCING SERVICE QUALITY WHILE GROWING THEIR CORE SERVICES?
It’s time to talk about the elephant in the room for ocean carriers: reduced service quality. We are reading every day about new investments of ocean carriers to extend their core ocean freight services to more value-added services that require more integration with their customers. We are seeing them extending to last-mile deliveries, customs clearance, […]
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2021.09.09Will Ocean Freight Rates Continue to Rise?
SHC GROUP Freight rates have skyrocketed since lockdowns went into effect at the start of COVID-19 in March 2020. The increase has pushed retail prices to unexpected levels, affecting businesses that were facing mass shutdowns and store closures, and consumers who faced difficulty with income losses and higher prices. A series of reasons were behind […]
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