As the #UkraineWar continues, diesel exports from Russia's Primorsk will notch their biggest monthly decline since 2016. Primorsk is an integral part of the diesel #supplychain network, and Russia's largest exporter of fuel.
https://t.co/hobQL6CovR
Despite the fact that @HapagLloydAG’s 2021 earnings before interest, taxes, depreciation, and amortization were $12.8 billion, the company is worried. High transport costs and continued port congestion put the future of the #shipping industry at risk.
https://t.co/n9AV9VyOnH
East Coast ports are expected to get slammed by a lot more ships. More cargo is diverting away from the Pacific gateway in Los Angeles/Long Beach, where the ship queue has fallen to 42.
https://t.co/Ara9Yzu3M8
ootbox a startup, has turned 10’ #shippingcontainers into offices. The company promotes them as "a space solution anywhere, from a backyard to coffee shops to hospitals." The ootBox rents its offices for as little as $500/month.
https://t.co/39QGnpAXZQ
The #COVID19 lockdown in Shanghai is having a bigger effect than expected. According to @MSCCargo terminals in Shanghai may be running out of available reefer container plugs and may be unable to receive more refrigerated boxes.
https://t.co/OVTavNOoYB
@cmacgm has announced it will stop taking scrap plastics on all of its vessels. Receiving countries like China and its neighbors might refuse to accept the scrap plastic and shipping lines are forced to dump the cargo or carry it back where it came from.
https://t.co/aJxHc4xN2b
According to @BankofAmerica trucking demand is “near freight recession levels.” Trucks move 72% of all freight. If people aren’t buying or building as much, there’s less need for truckers, which may be an indicator of an economic downturn.
https://t.co/Rf7Wqd3IOa
@TIME has announced its yearly list of "TIME100 Most Influential Companies of 2022." The US freight forwarder company @flexport is listed among them. The company has made $3.3 billion in revenue last year helping amid the supply-chain crisis.
https://t.co/dEoS9UlOBR
Due to the increasing number of #Covid19 cases, China has entered a new lockdown. Logistics professionals remain concerned that shippers that haven’t placed orders yet could miss getting their goods in time for big shopping events.
https://t.co/WLuHnkzWmo
The new wave of delays and waiting times for vessels is expected to hit the West Coast. As export demand from China plummets and container spot rates come under increased pressure, the 2M Alliance is preparing to blank three Asia-North Europe sailings.
https://t.co/AvelYfhjwI
President @CyrilRamaphosa visits flood-stricken parts of KwaZulu-Natal to offer support to affected communities and assess the response of government and civil society to this critical situation. #KZNFloods
Growing fresh produce inside shipping containers is becoming more and more ordinary. @squarerootsgrow are partnering with @GFSDelivers to open a Kenosha farm to grow produce inside containers near the Kenosha Regional Airport.
https://t.co/MaRvWUoCEB
The future is closer than many may think! #Hyperloops can help streamline urban mobility and commuting and, more importantly, improve the supply chain by quickly transporting shipping containers and reducing CO2.
https://t.co/3IxBdQVjJ8
The Port of Savannah is, once again, a major topic in the shipping industry. Shipping traffic jams are the main reason the port is reporting record cargo volumes for 2021.
https://t.co/HspFZvgb58
In the past year, India’s exports have increased significantly. The premier container port, @JNPort, handled the total traffic of 76.14 million tonnes and container traffic of 5.63 million TEUs, a growth of 25.86% over the last calendar year.
https://t.co/HsllZ6VyGv
@ZimShipping, one of the top 20 global carriers, is a company with great financial potential. With an operating margin of +17.50 and a Net Margin of +12.98, they continue to draw the attention of new and prospective investors. https://t.co/sz36WQlp19