US trade plumbs new depths, with fears the misery may last until next year
Although the US went through a phase of re-opening in June, intermodal traffic volumes remained ...
An interesting Q&A, with the National Retail Federation’s supply chain vice president, in Logistics Management. He bemoans the lack of clarity surrounding the new VGM rules, and calls for a healthier carrier industry, where shipping lines stop chasing market share and start working out how to become profitable. “Shippers are willing to pay more for improved service,” he insisted. He also urged better coordination among ports and carriers to ensure that the mega-ships could be served properly.
European port congestion now at five-to-six days, and getting worse
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