Tag: supply chain

With the war in Ukraine and China’s zero-Covid policy, delays and prolonged supply bottlenecks are defining this year’s world trade outlook. Yes, demand is softer, notably from China but the backlog is such that supply chains will remain strained for the rest of the year, ING argues.

FMC Commissioner Rebecca F. Dye released her Final Report on “The Effects of COVID-19 on the U.S. International Ocean Transportation Supply Chain.”

CMA CGM announced that it will implement the Early Container Return Incentive Program at the FMS terminal in Los Angeles and all CMA CGM return locations in Chicago, Dallas, Kansas City, and Memphis.

The Port of Hamburg and Klaipėda State Seaport aim to strengthening their cooperation regarding the development and implementation of joint projects and the development of new logistics routes for maritime and other types of transport between Germany and Lithuania. 

The ports of Antwerp and Zeebrugge joined forces and merged into Europe's largest port, allowing for exports of 147 million tons per year, boosting their roles as green energy hubs and as global players within the supply chain.

According to Yang Ming Marine Transport Corp., a Taiwanese container shipping company based in Keelung, port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing.

According to an analysis from Container XChange, a container trading and leasing platform for shippers, the port congestion along the East and West Coasts and the pileup of empty containers is driving downward the freight prices.

Shanghai is entering its third week on lockdown, while supply chains are feeling the impact of China's zero-covid policy with trucking capacity cut and many factories and warehouses closed.

According to Maersk, the world’s second-largest container shipping company, the 1st quarter of 2022 witnessed another wave of COVID-19 flareups in China, creating big concerns for the global supply chain. 

Port of Antwerp, the Port of Cotonou and UNICEF form a new partnership to advance resilient and sustainable national supply chains that maximize positive environmental, social and economic impacts for children.