磐聚网调研 — Panjiva

Ningbo’s heightened COVID-19 restrictions could hit GoPlus, Dollarama

January 5, 2022

China has increased restrictions around the port of Ningbo as a response to outbreaks of COVID-19 in the surrounding city. Carrier Maersk also issued an advisory outlining that three of the five terminals faced restrictions on entry and exit, but that loading and unloading operations were cont... Read more →

ZIM, MSC lead 2M import growth in October

November 30, 2021

Carriers have continued to benefit from the surge in imports, increasing profits over previous years due to a positive volume and rate environment. This totaled 48.1 billion in Q3 and will likely impact the strategy and plans of carriers into the new year. Carriers are likely warry of allowing... Read more →

ZIM, Matson lead carriers, DP-DHL and K+N lead forwarders in slowing September

October 19, 2021

Carriers and forwarders showed reduced import momentum when comparing September to the prior three months ending in Aug 31. Slowdowns were driven by a continued decrease in import growth from Asia excluding China and Europe, slowing to 9.8% and 3.6% year over year respectively. Imports loaded ... Read more →

Costco secures ships to mark down congestion

October 4, 2021

Costco recently chartered their own vessels to try and manage freight congestion, a move that was also taken up by Walmart and Home Depot earlier this year. This will allow the company to dictate the location of the vessels, potentially avoiding some of the logistics troubles looming over the ... Read more →

Neumann, Shin Etsu in the path of Ida

September 1, 2021

Hurricane Ida has shut down the Port of New Orleans, likely halting imports and exports while the state of Louisiana recovers from the storm. Imports through the were already down before the storm, falling 20.7% year over year in Q2 and 24.9% in July. Imports are varied, but one of the largest... Read more →

Hapag-Lloyd, Maersk flag strained system, new services as growth slows

August 16, 2021

The container shipping lines had a bumper Q2’21 and remain confident for the rest of 2021 and into early 2022. The EBITDA reported by Maersk and Hapag-Lloyd rose by 198% and 177% year over year in Q2’21. While largely down to higher rates there’s a continued contribution from elevated volumes.... Read more →

Expeditors, DP-DHL see higher-for-longer rates as Europe exposure leads

August 11, 2021

Freight forwarders operating U.S. seaborne, inbound services continue to face challenging operating conditions with Expeditors’ CEO, Jeffrey Musser, noting “every one of our transactions seems to require significantly more attention and dedication”. The firm expects shipping rates to remain “u... Read more →

Suez scarring improves appeal of new Orient Overseas service

August 8, 2021

Orient Overseas has launched a new, rail-and-sea containerized freight service from Xi’An in China to the U.S east coast via Bremerhaven in Germany. That may prove attractive to shippers that faced disruptions as a result of the Suez Canal blockage earlier in 2021. It may also help maintain Or... Read more →

ZIM Shipping, MSC face attention in FMC’s surcharge inquiry

August 6, 2021

The U.S. Federal Maritime Commission has launched an “expedited inquiry” into port congestion charges, targeting eight container shipping which represented 50.2% of U.S. seaborne imports of containerized freight in Q2’21. That follows: a surge in “freight all kinds” (pre-surcharge) rates; a wi... Read more →

TJX, Goodyear Tire may face Vietnam challenge as port closure looms

August 3, 2021

The Saigon Newport Corporation may need to close a terminal near Ho Chi Minh City due to staff shortages linked to the pandemic, declaring that the “COVID-19 pandemic is a force majeure event”. The company runs facilities in Haiphong and Ho Chi Minh City which together accounted for 14.3% of U... Read more →

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