The combination of the Golden Week holiday in China coupled with the impact of power restrictions on industrial output resulted in some relaxation of the space situation in the month of October. Industry-wide, there was more space available in October than what had been typically available in previous months. This phenomenon put some downwind pressure … Continued
On September 1st, Worldwide Logistics will be introducing a 2% advance fee with a minimum $50 per transaction in order to cover any advances made on behalf of our clients. These advances made on behalf of clients include items such as demurrage, per diem, storage, prepull, rail detention and other related charges that have become … Continued
The rise in Covid-19 cases in Vietnam is causing factories to shut down, affecting some of the largest US companies including Nike, Adidas and Ashley Furniture. According to the Vietnam Textile and Apparel Association (VITAS), one-third of Vietnam’s textile and garment factories are closed. Big names like Adidas and Nike are affected. Nike closed three … Continued
The shipping crisis is not going away anytime soon as the line of ships at anchor continues to grow off the coast of California, causing a knock-on ripple effect of delays and fees throughout the supply chain. In addition to the congestion, the Port of Los Angeles is seeing an unprecedented volume of imports without … Continued
Yantian, the main port of Shenzhen in Southern China near Hong Kong, is partially closed due to a recent Covid outbreak. It was reported that five crew members aboard a container ship docked there have tested positive for the virus. As a result, the port has been temporarily closed and it is not receiving export … Continued
Egypt’s Suez Canal Authority is reporting that a massive container ship became stuck passing through the Suez Canal, one of the world’s busiest and most important arteries. As of Wednesday morning, more than 100 ships at each end of the canal are stuck. This adds additional burden to the global shipping industry dealing with complications … Continued
During this unprecedented time dealing with extreme conditions at ports, Worldwide Logistics Group continues to keep customers informed. Here is an update on conditions at North American terminals. Please contact us if you need more information. LAX/LGB Terminal: 35 ships are at anchor awaiting berths as of last Friday, February 12; two less than from … Continued
Two typhoons in early September coupled with increased demand have caused container shortages and vessel delays of up to four days at main China load ports of Qingdao, Shanghai and Ningbo. Recently the Chinese government has been engaged in military exercises along the coast which place restrictions on commercial vessels causing further delays of up … Continued
Containers at Southern California warehouses have been piling up due to high volumes and the nearly doubling of the amount of street dwell time, disrupting the delivery of merchandise in the US market. The container accumulation at the ports is largely due to the import surge since the economic recovery from the COVID-19 lockdowns began … Continued
Container shortages in Asia, especially China and India, are worsening as dwell time in the US and Europe increase and carriers struggle to return enough empty containers. The global supply chain is at risk at falling behind at a critical time, just before the upcoming peak shipping season. A spike in orders in July and … Continued
