Global Supply Chain Slowly Grinding to a Halt

We’ve posted warnings the past half year about the global supply chain steadily becoming more congested and the cost of shipping rising accordingly. In the past few months, more articles have published about shortages in everything from boba balls to garden gnomes. We highly recommend everyone to watch the video that the Wall Street Journal published a few…

Shipping Congestion Nightmare Getting Worse as Peak Season Approaches

As we approach the peak shipping season, we wanted to make sure everyone fully understands that the state of transpacific shipping is continuing to deteriorate. Origin Ports in Asia Every origin port in Asia is continuing to face the same congestion problems: Huge backlog of products needing to be shipped out Equipment shortage (lack of…

Supply Chain Congestion Update and June Forecast

As predicted, the month of May was as awful for shippers and importers. Congestion at various ports continued and in fact spread to other ports. Carriers had numerous blank sailings. Ocean freight rates spiked to heretofore unseen levels. Massive amounts of freight continue to build up in Asia, waiting to ship without any vessels available…

The West Coast Port Congestion Nightmare

Here is an example of how serious the congestion is at the port of Los Angeles / Long Beach by showing the recent sailing schedule of a vessel, the ONE Falcon. Here is a summary of the most recent port calling data from the vesselfinder.com website: Arrived in Hong Kong on January 21, 2021 Arrived…