Home » Posts tagged 'shipping' (Page 2)
Tag Archives: shipping
Why every American should care that diesel prices are surging across the country
Why every American should care that diesel prices are surging across the country The cost of diesel fuel impacts truckers and the entire economy. (Photo: JIm Allen/FreightWaves) Gasoline prices are increasing almost daily, pinching the wallets and pocketbooks of nearly all Americans with cars. However, as bad as that news is, diesel prices are surging […]
Container Shipping Supply Chain Faces The Deepest Crisis Ever As Massive Disruptions Emerge
Container Shipping Supply Chain Faces The Deepest Crisis Ever As Massive Disruptions Emerge
Will the bullwhip do the Fed’s job on inflation?
Will the bullwhip do the Fed’s job on inflation? With inventories building and supply chain bottlenecks easing, is deflation next? The only thing surprising about the freight market slowdown is the speed at which it’s unfolding. The supply chain “bullwhip effect” is both predictable and expected. The surge of inventories and declining freight costs/capacity imbalances […]
Experts Are Warning That Empty Shelves And Food Shortages Are Going To Continue For Many Weeks To Come
Experts Are Warning That Empty Shelves And Food Shortages Are Going To Continue For Many Weeks To Come The term “return to normal” is being thrown around a lot these days, but will things ever truly return to the way that they were before the pandemic came along? I don’t think so. From an economic standpoint, an […]
The latest monster ships could be a disaster
The latest monster ships could be a disaster Preface. The article below makes the case for the hazards of one of these enormous ships running aground or sinking, blocking a major shipping line, leaking oil, and possibly impossible to salvage. In 2020, the largest container ship is the HMM Algeciras at 1,312 feet (400 m) […]
Shipping Container Price Surge Will Result in Increased Prices on Consumer Goods
Shipping Container Price Surge Will Result in Increased Prices on Consumer Goods The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to the global shipping crisis. Inflation, fuel increases, and labor shortages are among the many factors that […]
Yet another worry: Price of ship fuel is now highest since 2014
Yet another worry: Price of ship fuel is now highest since 2014 Bunker surcharges on the rise for shippers of containerized cargo Ship refueling (Photo: Shutterstock) Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. That’s bad news for ship operators on the […]
“Global Supply Chain Crisis To Last Until 2023,” Says Middle East’s Largest Port Operator
“Global Supply Chain Crisis To Last Until 2023,” Says Middle East’s Largest Port Operator Global central bankers have been out and about continuing to promote a narrative that inflation is “transitory.” We’ve seen it from the likes of Powell, Lagarde, Bailey, and Kuroda. Logically, these monetary wonks are right, inflation caused by supply chain bottlenecks […]
A Hunger Strike Against Big Oil
A Hunger Strike Against Big Oil Ann Wright reports on Diane Wilson’s stand against channel dredging in mercury-laden Matagorda Bay, Texas. Diane Wilson in mid April. (Diane Wilson) Texas shrimper, fisherwoman, author and internationally known environmentalist Diane Wilson on Monday was on Day 27 of her hunger strike to gain national solidarity and publicity to pressure the U.S. Army Corps […]
Where’s Dirk Gently When You Need Him?
Where’s Dirk Gently When You Need Him? Did you hear? A supersized cargo ship got wedged in the Suez Canal on March 23rd? If you didn’t, you must do pretty well at avoiding the news, social media, and late night TV. But the short of it is: the Ever Given somehow lost control (sandstorm strength winds have […]
Blocked Suez Canal Adding to Container Shortages, Supply Chain Snarls, Component Shortages for Manufacturers
Blocked Suez Canal Adding to Container Shortages, Supply Chain Snarls, Component Shortages for Manufacturers Exactly at the worst possible time. Ripple effects to be felt for months. Today is Thursday, and the Suez Canal is still blocked by one of the largest container carriers in the world. The last thing the tangled up and […]
Suez Canal Crisis Morphs Into Global Supply Chain Wrecking Ball
Suez Canal Crisis Morphs Into Global Supply Chain Wrecking Ball The world got another wake-up call this week about the overreliance on complex global supply chains. As of Friday, the massive containership, “Ever Given,” remains stuck in the canal, unable to be refloated, paralyzing the world’s most important shipping lane. Ever Given is one of the world’s […]
Massive Inflation in Shipping Costs. And the Reasons
Massive Inflation in Shipping Costs. And the Reasons Rates for trucking, ocean containers, airfreight, parcels, you name it, the costs for shipping consumer & industrial goods are surging. The dollar-amount spent by shippers, such as manufacturers or retailers, on shipping their goods jumped by 13% in December from a year earlier, driving the Cass Freight Index […]
Best Laid Schemes
Best Laid Schemes A Really Neat Bridge But, Mousie, thou art no thy-lane,In proving foresight may be vain;The best-laid schemes o’ mice an’ menGang aft agley,An’ lea’e us nought but grief an’ pain,For promis’d joy! – Robert Burns, To a Mouse, on Turning Her Up in Her Nest With the Plough (in extract), 1785 Installation of the […]
Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship
Maersk Crew Hospitalized In First Ever COVID-19 Cases On Board A Container Ship Despite one of the the world’s largest shipping lines, Maersk, recently suspending all crew changes aboard its container vessels for up to one month in order to shield crew and operations from the coronavirus and keep them “as normal as possible,” this weekend witnessed the first ever confirmed cases […]
