Four of the top five ports in the Container Port Performance Index (CPPI) rankings for 2021 were in the Middle East, as widespread disruption challenged productivity at major gateways in North America, Asia, and Europe.
Messaging from employers and longshore unions indicates that the contentious issue of automation is coloring recently suspended contract talks between the International Longshore and Warehouse Union and the Pacific Maritime Association.
Shanghai’s lockdown has continued this month, although carriers such as Maersk and CMA CGM said regional logistics and supply chains are gradually improving.
Drayage technology rollup Envase has added GeoStamp, a GPS-based port and drayage visibility and analytics provider, to its roster of tools for port carriers and intermodal providers.
US retail spending is increasing despite inflationary pressures, while bookings and port volumes remain strong, suggesting the inventory warnings of Walmart and Target have not hit the larger retail industry yet.
Major carriers are skipping port calls and changing around schedules for services into Canada and the US East and Coast amid high congestion and vessel delays.
The Port of Mobile said a new weekly service to and from Guatemala and Honduras will allow shippers to tap the growing trade between the US and Central America.
Profits reaped by carriers during the COVID-19 pandemic will result in greater strategic differentiation among carriers, while tensions with China could cause shippers to rethink their reliance on the world’s manufacturing hub.