Logistics

US imports from Asia have experienced a substantial decline, reaching their lowest level in 20 months in October, as demand in the eastbound trans-Pacific falls from the record highs reached earlier this year.  According to data from PIERS, Asian imports in October totalled 1.44 million TEU,...

Recent data from shipping analyst Sea-Intelligence indicates that the global "empty container problem" is intensifying, with the transportation time between cargo being ready for export and the importer taking delivery increasing from an average of 45 days (pre-pandemic) to 112 days at its peak in...

According to ocean shipping analyst Sea-Intelligence, freight rates are due for a decline in response to reduced vessel utilisation rates, which have been on a downward trend since their spike in the peak season of 2020. Vessel utilisation rates correspond to spot rates. Once utilisation rates...

The inevitable consequence of the first-half inventory buildup that continues to force dozens of ships to wait off major US East Coast ports is that the containers that carried those goods must eventually be unloaded and sent back empty to the ports, amplifying the disruption...

At a recent industry conference the subject of productivity and competition was at the forefront of discussions from the Australian Competition and Consumer Commission (ACCC) and the Productivity Commission. Whilst the ACCC acknowledged the degree of disruption experienced throughout the pandemic, concern was expressed about the...

A combination of several factors such as delayed shipments from China and global port congestion has seen an increase in shipping delays to New Zealand, as carriers prioritise more profitable routes. Recent data indicates shipment delays from China to New Zealand increased by 144% in the...

The development of a new empty container park, the first of several projects in the pipeline, will be built with a 6000 TEU capacity. Other projects in the pipeline, which include consolidation of e-depot sites, removal of warehouses and site access enhancements, aim to culminate in...

A recent COVID outbreak detected in Ningbo, which has since spread to Beilun, has pre-empted the latest round of lockdowns at the world's largest port in overall tonnage terms and the third largest with regards to containers. Shippers are urged to utilise alternative logistics channels to...

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