Tag Archives: container shipping

Trucking Carriers head west for a modern-day gold rush — of freight

Posted on September 20, 2021 by | 2 comments

Apparently trucking carriers are rushing to carry loads from the West Coast to inland America. It’s because the rates are much higher for Eastbound freight.

And carriers looking to carry loads back to the West Coast are having trouble finding them. The rates there have not risen much.

Look at the excellent chart in the article, showing the recent changes in rates to and from the West Coast from Dallas.

Zach Strickland, FW Market Expert & Market Analyst Saturday, September 18, 2021

Carriers head west for a modern-day gold rush — of freight – FreightWaves

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Posted in Logistics, Supply Chains, Trucking

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Are panicked, overbuying American shippers the reason for today’s container crisis?

Posted on September 20, 2021 by | Leave a comment

The short answer may be no!

But we should expect inventories to try to rise given all the supply chain dislocations in the US. Driver shortages, delays internationally, and a rise in consumer buying may all be responsible.

One of the professionals viewed calls it a multiple black swan event!

Sam Chambers September 20, 2021

Are panicked, overbuying American shippers the reason for today’s container crisis? – Splash247

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Posted in Logistics, Supply Chains

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Secondary services suffer as carriers eye ‘container gold rush’ to the US

Posted on September 15, 2021 by | 1 comment

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

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Posted in Logistics, Managerial Econ, Ports, Shipping, Strategy, Supply Chains, Uncategorized

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