Exciting news for the pricing enthusiasts! We're thrilled to kick off our weekly newsletter dedicated to simplifying freight pricing worldwide, one rate at a time.
This week, we're delving into two critical topics for freight procurement teams:
- Across Asia-Pacific, North America, South America, and Europe, approximately 35 ports are currently experiencing heavy congestion due to various reasons. These disruptions add new challenges for teams already navigating the complexities of the current shipping landscape.
What's causing the port disruptions?
- Cameroon: Douala facing vessel wait times due to high yard usage and IT issues.
- Nigeria: Strikes averted port shutdowns.
- Ghana: Tema delays due to power outages, rains, and swells.
- Saudi Arabia: Dammam delays from high yard usage.
- South Africa: Cape Town and Durban operations affected by weather and elections.
- Tanzania: Dar es Salaam congestion persists.
- UAE: Jebel Ali delays due to maximum capacity.
- Australia: Melbourne experiencing minor congestion.
- Bangladesh: Chittagong feeder vessel delays.
- China: Seasonal fog disrupting operations.
- Malaysia: Port Klang heavily congested.
- Philippines: Manila delays due to crane installation.
- Singapore: Improved but still congested.
- South Korea: Busan stabilized but potential congestion.
- Sri Lanka: Colombo heavily congested.
- Belgium: Antwerp facing berth waiting times.
- France: Ongoing work stoppages.
- Germany: Rhine and Hamburg impacted by weather and yard usage.
- Greece: Piraeus facing berth reductions.
- Malta: Marsaxlokk managing despite high volumes.
- Netherlands: Rotterdam with high yard density.
- Portugal: Strikes affecting port operations.
- Spain: Barcelona and Valencia facing congestion-related delays.
- USA: Charleston significant delays; Savannah minor increases in wait time.
- Brazil: Itapoa and Navegantes delays due to construction.
- Mexico: Trucking shortages causing delays.
Are you curious about strategies to avoid congestion-related risks and plan ahead? Discover more insights here.
- The recent capacity crunch in sea freight, stemming from the Red Sea crisis and other disruptions, highlights why cost is no longer the sole factor for shippers.
- This decline, coupled with ongoing recovery efforts, has left shippers anxious and seeking better control over their supply chains.
- The catalyst? A significant dip in schedule reliability across critical trade routes like Asia-Europe and Asia-North America.
- This downturn, exacerbated by ongoing recovery efforts, has triggered panic among shippers. It's about preparing for the unpredictable, as recent rate spikes—exceeding $10,000—aptly demonstrate.
- Drawing from hard-learned lessons of navigating the COVID-19 era, shippers are driving the early peak season planning ahead for all the fall backs and delays effectively causing
CMA CGM
come up with an additional 25% capacity injected into highly sought-after routes.
- Learn what are the 5 clear indicators here that the shippers are seeking from service providers before accepting a quote.
