Keyword: Container

China: Cargo backlogs in Shanghai could cause next supply chain shockwave

Concern is growing that the spread of COVID cases and city lockdowns in China will have massive downstream effects for [...]

Global supply chain chaos could worsen this year

According to a survey conducted by Container Xchange, a container leasing and trading platform, among 800 practitioners in the logistics [...]

Global supply chain crisis could extend into 2023

    The supply chain crisis threatening the global economy risks lasting at least another year unless governments [...]

US furniture maker wins lawsuit against shipper

American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping.  [...]
October 13, 2021 Wood Furniture / North America

Global shipping bottlenecks set to prolong supply chain turmoil

Tenfold jump in costs since start of pandemic squeezes importers and exporters    The closure of a [...]

Record ocean freight rates threaten Vietnamese wood exports

    There is no sign of lowering ocean freights, and there is still a shortage of containers [...]

2021 still full of challenges for the global container market

  The global shipping system is currently experiencing a unique and unexpected crisis. A series of unusual events triggered [...]

Global container freight rates at record levels

  Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges [...]

China container shortage causes freight rates to more than double

The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused [...]

Container lines face sharp fall in revenues as coronavirus crisis continues

Container lines could be facing a $17bn shortfall in revenues this year as developed economies’ efforts to halt the spread [...]