Bangladesh looks at demurrage waiver as containers pile up in Chittagong
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
When things go wrong in complex supply chains, where there are multitudinous independent links, problems have a habit of escalating in terms of a magnitude and intractability. Should you ever need evidence of this, simply point to what is happening at the giant US west coast container port complex of Los Angeles-Long Beach. Congestion began to rear its head in late spring, as higher-than-normal import demand appeared to be fuelled by nervous retailers hoping to avoid a repeat of the traumatic ILWU shutdown in 2002. Despite the continuing failure of unions and employers to finalise a new master contract, the current problems are a confluence of factors. “What is happening is on par with the most severe disruption the ports have seen in the past 20 years, including the 10-day 2002 lockout of the International Longshore and Warehouse Union”, writes Journal of Commerce chief content officer Peter Tirschwell.
Comment on this article