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Smart Innovation for Global Cold Chain Logistics

Smart Innovation for Global Cold Chain Logistics
CoolTech – a Cool Logistics event – is a new 2-day forum in collaboration with the Port of Rotterdam that will bring together technology users and buyers, developers, entrepreneurs and […]
ven 06/05/2022 by Richard Wilkinson

Covid lockdown leaves Chinese ports critically congested

Covid lockdown leaves Chinese ports critically congested
China’s biggest port in Shanghai is awash with containers full of frozen food as the city deals with a Covid lockdown and compulsory testing, which has left transporters unable to […]
mar 19/04/2022 by Richard Wilkinson

Shipping companies haul in record profits in 2021

Shipping companies haul in record profits in 2021
Shipping companies’ profits were up by 900% to around $150 billion in 2021, according to a Bloomberg report. And with ocean shipping rates expected to high elevated well into 2022, […]
lun 31/01/2022 by Richard Wilkinson

Reefer prices predicted to rise further into 2022

Reefer prices predicted to rise further into 2022
Reefer container rates are forecast to climb even faster than dry cargo rates in 2022, according to Drewry’s recently published Reefer Shipping Annual Review and Forecast 2021/22 report. “As trade […]
lun 03/01/2022 by Richard Wilkinson

US retailers charter ships to tackle supply chain crisis

US retailers charter ships to tackle supply chain crisis
Major US retailers have begun to charter their own vessels in an attempt to overcome global supply chain disruptions, according to Reuters. The retailers include Walmart, Target, Home Depot, Costco […]
lun 18/10/2021 by Richard Wilkinson
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Shipping line caps freight prices

Shipping line caps freight prices
Container shipping line CMA CGM has announced the freezing of its spot market prices for moving goods to allay fears over soaring freight costs. According to a report by The […]
mer 22/09/2021 by Richard Wilkinson

Major congestion at California’s busiest ports

Major congestion at California’s busiest ports
As the world’s supply chains buckle under the pressure of container and labour shortages, a record number of freight ships are currently stuck awaiting entry into California’s two largest ports, […]
lun 06/09/2021 by Richard Wilkinson

Soaring shipping prices here for rest of year

Container shipping prices are rocketing due to ongoing global supply chain bottlenecks, with little respite expected until 2020, reports The Wall Street Journal. Average price worldwide are more than four […]
mer 14/07/2021 by Richard Wilkinson

Record high container rates on Asia-Europe routes

The combined effects of strong shipping demand, port delays, and shortage of containers have led to the spot price of containers continuing to rise, according to a report by Foreign […]
ven 25/06/2021 by Richard Wilkinson

Japan’s fruit imports hit by container shortfall

Japanese imports of fresh fruit dropped 8% y-o-y to 112,100 tons during February 2021. The reason for the fall is attributed to the global reefer container shortage. US imports were […]
jeu 29/04/2021 by Richard Wilkinson
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