Ugly Christmas sweaters may be in short supply this year, as the shipping crisis has left them stuck on delayed container ships, a report says

Ostentatious holiday sweaters have been growing in popularity for years. There are ugly-sweater fun runs held around the world. Rent the Runway launched a capsule collection. A Popeyes version sold out in hours. Office Christmas parties use them as a theme. And there are many, many lists — here are three from Insider ...

READ MORE

Supply chain crisis prompts city officials to suspend shipping container stacking limits

In response to Gov. Gavin Newsom’s executive order calling on agencies to do their part in alleviating unprecedented congestion at the state’s ports, Long Beach officials today announced the temporary suspension of a section of the municipal code that restricts shipping container stacking. The suspension was ...

READ MORE

Container shipping rates entering extended period of volatility

The global container shipping industry is entering a period of volatility that will extend long after the current peak shipping season, with a return to pre-pandemic market conditions almost certainly out of reach, according to consultancy Vespucci Maritime CEO Lars ...

READ MORE

Investments in deep-water ports helps paying off in Viet Nam

Data from the General Statistics Office shows that in the first half of this year seaports in southern provinces like Ba Ria – Vung Tau, Tien Giang and An Giang achieved high growth ...

READ MORE

Shipping on Northern Sea Route has course for 35 million tons in 2021

There is considerable growth in shipments on Russia s remote Arctic route, but shippers will have to boost deliveries by more than 100 percent in only two years if they are to reach the target set by the ...

READ MORE

After years of Made in China, supply chains consider alternatives

The change in tone from U.S.-based supply chains is not a mass exodus from China. Instead, it s an approach that embraces diversification. The risks of single sourcing from China had been brewing for years, but they bubbled up even more during the COVID-19 pandemic. In early 2020, manufacturing and supplier operations ...

READ MORE

Vendors ramp up production as freight rates slide

Christmas product sellers across China are ramping up production to make a final sprint before the Christmas season, as shipping freight rates have fallen by more than 20 percent in two weeks, Chinese vendors and logistics companies told the Global Times on ...

READ MORE

Where Are All the Shipping and Port Delays Globally?

Bloomberg’s Port Congestion Tracker shows a typhoon in Asia spawned another wild week for shipping in a year with multiple challenges -- a vessel wedged in the Suez Canal, a dozen major storms, rolling Covid lockdowns disrupting key manufacturring hubs in China and Vietnam, a shortage of truckers and dockworkers, and ...

READ MORE

Hundreds of container ships stuck as global bottlenecks grow

Ports remain the most visible sign of the crisis. We report today on the waiting game at operations from Los Angeles to Shanghai, with nearly 600 container ships around the world stuck while they wait to be processed thanks to increased demand for consumer products, pandemic-related disruption to schedules and a ...

READ MORE

Shipping disruptions to keep coffee prices high for longer, say experts

NEW YORK (Reuters) – Disruptions to transportation of coffee around the world, caused by container shortages and port congestion, will likely keep coffee prices high for a longer time since they make it more difficult for the market to rebalance supplies ...

READ MORE