The cost of shipping goods from China to Europe has increased by up to 600 percent in recent weeks as the balance of trade routes is disrupted by the pandemic, resulting in a shortage of shipping containers. At the beginning of 2020, it cost around $2,000 to ship a conta...
container rate update: "Transatlantic Spot Meltdown Puts Shippers Back in Charge as Carriers Squeal." What are the numbers and context behind the headline?I can definitely tell you why it's dramatic: it's because the development in the Transatlantic front haul from North Europe into the U.S...
In the same way in which pop-up shops and co-working spaces can be turned around quickly, the CURA sees all equipment and features of an intensive care unit placed inside a 20 foot container. This can then be shipped or taken anywhere, and ready to help healthcare officials in m...
“COVID induced lockdowns in China and the Russia-Ukraine war has torn apart the expectations of recovery of the supply chain, which has been grappling to keep up to the pressures of implications resulting from these and many more disruptions.” “The War ...
“Even under the [World Trade Organization’s] optimistic scenario, container shipping demand will fall by 10 percent in 2020,” he said. “BIMCO expects that, much like on the Far East to Europe route, spot rates and contract rates will fall in the coming months, with average earnings for...
Packaging is generally considered as the process of placing the enclosed item into a shipping container, so the labor costs involved to accomplish either or both of these operations is influenced by the materials, methods, and equipment of the specific packaging system. ...
The global pandemic triggered sky-high spending on manufactured goods. This increased spending created a huge bottleneck in the supply chain that could last for years. WIRED takes a look at the journey of a single shipping container; and with the help of
Therefore, the performance of the three major regions of East Asia/Southeast Asia, Europe/Mediterranean, and North America is crucial for the resumption of container volume growth in the second half of the year. -Supply side- Due to the slower than expected dismantling process in 2023, it is...
Peter Sand, Xeneta Chief Analyst, said: “The ocean freight container shipping market has seen rapid and dramatic increases during May and that is set to continue with further growth in spot rates. “On 1 June, spot rates will reach a level we hav...
However, there is still a lack of scientifically sound recommendations that are suitable for making policy decisions for container shipping networks to respond to current COVID-19 and future pandemics. With the gradual integration of China into the global production system in recent years, China's ...