Hunt set a company record for intermodal volume in Q2, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.
With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.
Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.
Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.
The port logged over 1 million TEUs in June, but ocean shipping faces a murky second half of year, Gene Seroka said.
Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.
Metals and plastics experts also offered their perspective on the future of the United States-Mexico-Canada trade agreement during the Supply Chain Outlook event.
Manufacturers and retailers that moved early on their digital transformations and automation strategies are starting to reap the benefits, experts said at Supply Chain Dive’s outlook event.
Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.
The sock and legwear maker plans to expand its use of Inspectorio products to better manage regulatory needs and measure supplier performance.
