Last week, containerized import figures from the port of Los Angeles showed that Q4 ’21 saw a large slide compared to the preceding quarter, with containers processed at the port falling month-over-month since October. The port of Los Angeles handled 385,251 TEUs of imports in Dec ’21, which is 16% lower
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In December 2021, the Chairman of The Federal Maritime Commission (FMC), Daniel B. Maffei appointed Commissioner Carl Bentzel to spearhead an initiative of the FMC to focus on identifying data constraints that impede the flow of ocean cargo adding to supply chain inefficiencies in the USA. As per the FMC, “This
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Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain, and trade industries. Executive Insights is your chance to pick the brains of industry veterans, leaders, and enablers. Data the “new” gold,
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CMA CGM posted a net profit of $5.6bn for Q3 increasing its consolidated revenue by 89%, compared to 2020 on the back of incredible freight rates and the signing of many high freight rate contracts. CMA CGM is not alone in this as there have also been reports that profits of
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The American shipping crisis has been making news all over the world and has been the subject of discussions across many media platforms and the industry.. Even US President Joe Biden commented on the supply chain disruptions and set up task teams to find solutions for the problems.. Biden announced a
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The Port of Savannah is overwhelmed with shipping containers as the supply chain crisis continues. There are nearly 80,000 containers stacked up on the docks, The New York Times reported. The head of the Georgia Ports Authority said some ships were waiting for nine days before getting a slot.
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Like almost every global manufacturer, Coca-Cola normally moves its goods in shipping containers. That’s become the standard way to move things through the global economy for a reason: Packing goods into equally-sized metal boxes makes it easy to transfer them between trucks, trains, and ships, alleviating logistical headaches and keeping transportation costs low.
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The Human Resource Manager at the Port of Takoradi, Peter Amo-Bediako has hinted that the Port might be migrating from an export driven Port to an import driven one. He said this could be achieved after the completion of the massive expansion works being undertaken at the Port of
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Ban on imports of day-old chicks hatching eggs, frozen chicken, and other poultry products and poultry feeds from Netherlands, Germany, Russia, Denmark, and the U.K
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The Ghana Shippers’ Authority (GSA) has organised a webinar to sensitise shea exporters to leverage on the opportunities inherent in the African Continental Free Trade Area (AfCFTA). The event which took place on 26th September, 2020 at the request of the Global Shea Alliance had 23 shea exporters participating
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