It’s not just the US. And it’s not just ocean shipping.
Read about the gyrations Antwerp and Rotterdam and the river barge operators are going through.
By Alexander Whiteman 27/09/2021
Ocean terminal and inland congestion forces river barges to store boxes – The Loadstar
Posted in Logistics, Shipping, Sustainability
Tagged barge transport, container shipping, delays, empty containers, intermodal, Logistics, port management, supply chains
3PLs such as ocean freight brokers can rise to the challenge of messed up supply chains. This one, Freightos, is introducing a service that guarantees placement of a container on a specific vessel with a known departure date.
How much will shippers pay for this supply chain certainty?
Sam Chambers September 21, 2021
Freightos launches guaranteed container capacity service – Splash247
Posted in Logistics, Shipping, Supply Chains
Tagged 3PLs, container shipping, freight brokers, intermodal, Logistics, supply chains
The ocean shipping line Maersk is on track to earn over $22 billion in profit (EBITDA, in financial terms; earnings before Interest, Taxes, Depreciation and Amortization, if you are not familiar.) this year. Free cash flow will be over $14 billion. That is a lot of money.
Capital expense, for new ships and the like, will be around $7 billion.
This graph, from their annual report, shows Maersk’s EBITDA over the last several years.
Here’s Maersk’s most recent annual report in full.
18 September 2021 Jack Donnelly Shipping Lines
Maersk revises earnings forecasts, predicts even better remainder of 2021 – Port Technology International
Tagged financial results, Logistics, Maersk, ocean shipping, Shipping
Supply Chain Digest Port Technology International Marine Link
