Shipping Logjam is forcing major companies to rethink their Manufacturing Hubs in Asia
NEW YORK : Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta variant of the coronavirus in Vietnam
Supply chain crisis gives once invisible shipping industry record profits and new adversaries
YIWU, China : Consider the plight of Xu Yaping’s flimsy swords and knockoff Barbies. Exported from the International Trade City here, a wholesale market the size of 1,000 football fields, the toys for years
Singapore opens Tuas Port storage space, hires 2,500 workers to help ease global supply chain crisis
SINGAPORE – The not-yet-operational Tuas Port is already being used to store containers, as Singapore ports, operating round the clock, ramp up resources and capacity to help tackle the global supply chain disruption. The logistical nightmare has
China – US West Coast transit more than doubles to 36 days
SHANGHAI : With vessels queued outside Californian ports for weeks the average transit time from China to the US West Coast have more than doubled. The average transit time from major Chinese ports to
Time to recognise the value of the dry bulk sector says INTERCARGO
NEW YORK : As news headlines underscore the quality and flexibility of the bulk sector fleet in meeting the challenges of current trade disruptions, Mr. Dimitris Fafalios, Chairman of INTERCARGO believes that now is
Toymakers in US race to get products on shelves amid supply clogs
NEW YORK : Running out of time to get its products on store shelves ahead of the holidays, the Basic Fun toy company made an unprecedented decision: It’s leaving one-third of its iconic Tonka
Cargo ships anchored near US West coast ports could face a 4-week delay to dock, raising further fea…
NEW YORK : Dozens of Cargo ships anchored off the West coast could be waiting up to four weeks before they can Dock the Ship, The Daily Mail reported. The backlog comes during a period of
Container ships now piling up at anchorages off China’s ports
SHANGHAI : There are over 60 container ships full of import cargo stuck offshore of Los Angeles and Long Beach, but there are more than double that — 154 — waiting to load export