Ports struggle with congestion as Red Sea crisis and front-loading boost volume
The latest port congestion data reveals that shippers are grappling with extensive dwell times as ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
In this episode, Mike King examines what impact Covid lockdowns in China are having on exports from Asia. What do lower outbound volumes mean for the peak season, container shipping and the global economy? And, if lockdowns are eased in the coming weeks, are carriers and ports in Europe and North America ready to handle a Q3 surge better than they managed in 2021?
Guests
Lars Mikael Jensen, head of global ocean network at Maersk
Peter Sand, chief analyst at Xeneta
Jake Phipps, CEO of global manufacturer Phipps International
Josh Brazil, VP supply chain insights, Project44
Rob Subbaraman, head of global macro research and co-head of global markets research, Nomura
Episode in more detail
All eyes on China as lockdowns hit global supply chains (4.20)
View from a shipper (5.20)
Extended transpac delivery times (.7.50)
Container spot and contract freight rates (10.21)
TAC Index update (13.50)
USWC versus USEC (16.33) – analysts and their numbers
European port delays (23.46)
Box shipping demand outlook (25.25)
The economist – demand forecast and export concerns (30.40)
Could health policy trump trade in Xi’s China (35.43)
The container line. Exclusive extended interview with Lars Mikael Jensen, head of global ocean network at Maersk (37.26).
Ascent solves supply chain challenges for thousands of customers worldwide. With over $2bn in revenue and a dedicated team of 1,000+ industry experts in 21 locations across North America, Ascent is a recognised supplier of the year for multiple Fortune 500 companies as well as a partner to thousands of small and medium-sized businesses. The company’s global reach, deep knowledge and innovative technology platform, PEAK, uniquely positions its team to flawlessly execute in delivering goods worldwide via all modes. Ascent’s #1 market share in the demanding US domestic ground and air expedite market has provided it with the foundation to handle even the most complex logistics challenges. Ascent’s offerings include truckload, less-than-truckload, global forwarding, air charter, specialised and expedite solutions. The company moves over 250,000 shipments annually through its competitive freight marketplace. For more information about the company, please visit Ascent’s website: www.ascentlogistics.com
Air freight rates data provided by TAC Index – helping clients make the best air freight decisions
Sea freight rates data provided by Xeneta – the shipping industry’s most accurate source of container rates
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