TT Club weighs in to help supply chain players with online guidance

Following calls that the supply chain sector needs to take Brexit preparations into its own hands, TT Club has announced the launch of a webpage offering “a wide variety of information that is likely to be of importance”.
The MD of loss prevention at the international freight transport insurer, Mike Yarwood, said: “There will be significant changes to the current processes of moving goods between the UK and the EU.
“All stakeholders involved …

The post TT Club weighs in to help supply chain...

https://theloadstar.com/tt-club-weighs-in-to-help-supply-chain-players-with-online-brexit-guidance/

Container shortages a growing problem for US agriculture shippers

Hapag-Lloyd has dealt a body blow to US shippers of soybeans and other agriculture exports with its decision to suspend carriage of container shipments of their produce from North America.
The suspension is the result of an acute shortage of containers in Asia, as boxes have piled up in US warehouses.
The Specialty Soya and Grains Alliance (SSGA) claimed it had reports that Hapag-Lloyd was acting to move empty containers back to …

The post Container shortages a growing problem for US agriculture...

https://theloadstar.com/container-shortages-a-growing-problem-for-us-agriculture-shippers/

Analysis: CH Robinson in dire straits. Will the rope break?

If there is a tiny little scary consideration to be made on CH Robinson following its third-quarter (Q3 ’20) update released on Tuesday it’s that the 3PL, which is well known for financial discipline, didn’t manage to buck the trend of declining net revenues by accordingly and effectively adjusting its cost base in order to protect profits.
In a nutshell, whatever metrics should have grown in its portfolio didn’t, while all …

The post Analysis: CH Robinson in dire straits. Will the rope break?...

https://theloadstar.com/analysis-ch-robinson-in-dire-straits-will-the-rope-break/

M&A radar: Prime who? DSV Panalpina warms up for the main course

We all read the full release here before the stock markets opened on Wednesday: DSV Panalpina (DSV PAN) has acquired Denmark’s Prime Cargo from the Mitsui-Soko Group in Japan.
Firstly, the financials were undisclosed. Secondly, as broadly expected, its stock was unchanged in early trade, then falling almost 1% ever closer to Dkr1,000 before bouncing back closer to its previous close, while most markets, including US futures, are deeply in the red today as …

The post M&A radar: Prime who? DSV...

https://theloadstar.com/ma-radar-prime-who-dsv-panalpina-warms-up-for-the-main-course/

Transpac carriers planning ‘unprecedented’ boost to capacity

With eastbound container volumes on the transpacific continuing to surge through October and November, carriers are planning significant capacity increases on the tradelane, says Sea-Intelligence.
According to the shipping consultancy, “the transpacific trade stands out” as the route carriers are focusing on for volume growth.
“We are now at a point where capacity has grown more than 20% on a year-on-year basis, which significantly exceeds what we have seen in the past,” …

The post Transpac...

https://theloadstar.com/transpac-carriers-planning-unprecedented-boost-to-capacity/

Port of Halifax completes berth expansion and now eyes faster data flow

The Canadian port of Halifax has completed work on a berth expansion that allows it to handle two ultra-large container vessels (ULCVs) simultaneously at its South End container facility – now it is addressing the flow of information between port users.
The project had been in the making since January last year, when dredging began. A super post-panamax crane was installed in the summer, the fifth such crane at the port.
“The …

The post Port of Halifax completes berth expansion and now eyes...

https://theloadstar.com/port-of-halifax-completes-berth-expansion-and-now-eyes-faster-data-flow/

New IMO proposals to cut shipping emissions have ‘too many loopholes’

IMO member states have been urged by environmental campaigners to reject shipping emission proposals from an IMO intersessional working group.
After meeting this week the group’s Reducing Greenhouse Gas Emissions from Ships (J/5) draft text will be forwarded to the IMO’s Marine Environment Protection Committee (MEPC), scheduled for 16-20 November, where parties are expected to adopt the recommendations.
However, campaigners argued that the J/5 proposals violate the IMO’s own initial greenhouse...

https://theloadstar.com/new-imo-proposals-to-cut-shipping-emissions-have-too-many-loopholes/

Retailers eye online sales boom in ‘the first truly digital Christmas’

Peak season 2020 will prove a boon for online retailers, who expect an all-time high in e-commerce sales across the globe.
DHL Express has already reported a 35% spike in online volume growth over the course of the year and is now forecasting shipping volumes will be up 50% on 2019 as the pandemic drives more consumers online.
“Covid-19 and its impacts such as curfews or distancing led to massive changes in the retail sector all …

The post Retailers eye online sales boom in ‘the first truly...

https://theloadstar.com/retailers-eye-online-sales-boom-in-the-first-truly-digital-christmas/

Supply chain radar: A nail-biting Halloween run-up for UPS, CH Robinson & DSV…

Here we go again: after a memorable run over the past several weeks and months, UPS, CH Robinson and DSV Panalpina announce their interim results over today (and tomorrow; the Americans) and Thursday (the Danes).
There are things we all eagerly await to hear from each management team, chiefly concerning capital deployment strategies alongside, of course, quarterly performances.
Recap
DSV Panalpina (DSV PAN) has already (sort of) promised a meaningful buyback announcement on …

The post Supply...

https://theloadstar.com/supply-chain-radar-a-nail-biting-halloween-run-up-for-ups-ch-robinson-dsv/

Importers angry as UK box ports buckle under ‘abnormal demand’

DP World’s London Gateway and Southampton container hubs are experiencing terminal congestion that threatens to further stymie the supply of holiday season products to the market.
Vessel-working and landside delays at the UK’s second and third-biggest container ports will add to the misery for importers hit by severe delays in recent months at the largest box port, Felixstowe.
Last week, CMA CGM announced it would levy a port congestion surcharge of $150 …

The post Importers angry as UK box...

https://theloadstar.com/importers-angry-as-uk-box-ports-buckle-under-abnormal-demand/

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