The Asia-Prince Rupert, BC-Chicago run has a new entry. The claim is that even with Chicago rail delays, it is faster than going to LA/Long Beach. That could be true.
There’s a discussion of it here.
With Canadian Rails trying to take over the KCY line in the US, the route could perform even better.
By Martina Li in Taiwan 08/10/2021
Cosco offers faster, intermodal, alternative Asia-US route via Canada – The Loadstar
Posted in Logistics, Ports, Rail, Shipping, Supply Chains
Tagged Chicago, China, container shipping, intermodal, Logistics, ports, Prince Rupert, supply chains
Oean carriers are redeploying ships from lower-paying to higher-paying routes, leaving some with no way to transport their goods. The article explains how ships are being reassigned, leaving too few ships on a route to keep the schedule going. Give it a look!
Currently, they are adding ships to the Asia-US routes which charge over $10,000 per container. They are leaving routes that charge on the order of $2000 per container.
You can see why they are doing it. They can get away with it because ships are only bound by the laws of the country they are flagged in. Most of these laws are weak. Port countries do have some say, but only the major world port countries can do much to change the behavior of the liners. And they would favor more ships for their key routes.
By Mike Wackett 15/09/2021
Secondary services suffer as carriers eye ‘container gold rush’ to the US – The Loadstar
Posted in Logistics, Managerial Econ, Ports, Shipping, Strategy, Supply Chains, Uncategorized
Tagged container shipping, Logistics, routes, supply chains
Demurrage and Detention (D&D) charges are commonplace in ocean container shipping. Standard contracts specify a number of days the container may stay in the yer without charge. When the port doesn’t transfer a container within the time limit, the shipper is liable.
The FMC (Federal Maritime Commission) is right now looking into whether ocean carriers and ports are unfairly adding D&D charges to shippers’ bills. Many shippers have been complaining for months that this is happening. But this is the first time one of them has sued the carrier and port, making the dispute public. We’ll now find out, through the court case, the exact sequence of events and the times involved.
The costs for D&D that aren’t in the contract are a complete surprise to the shipper, and come right out of thier profits. Read the story to see what the claims are.
By Nick Savvides 15/09/2021
US shipper launches $270k D&D claim against carrier and terminal operator – The Loadstar
Posted in Logistics, Ports, Supply Chains
Tagged container shipping, detention and demurrage, intermodal, Logistics, ports, supply chains
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