GLOBAL MARKET INSIGHTS
Keeping you updated on the latest industry news.
China’s Lockdown Extended: We’re in the ‘Eye’ of the Supply Chain Storm
Authorities in Shanghai have extended the city’s lockdown indefinitely after 23,000 new asymptomatic COVID cases were reported on Saturday. The lockdown, which has now been ... Read More
Port Congestion Hits the East Coast
Dear Valued Client, As you know, shippers have been allotting more cargoes to the U.S. East and Gulf Coasts in an effort to avoid supply ... Read More
West Coast Ports Struggle with Landside Congestion
Severe congestion is on the rise again at major gateways along the West Coast, and fears are mounting that terminals will soon run out of ... Read More
Shanghai Extends COVID Lockdown
The Phase 1 lockdown of east Shanghai, including Pudong, was set to end today, but officials have decided to extend the lockdown after mass testing ... Read More
Shanghai Institutes Rolling Lockdowns; Shippers Advised to Seek Alternative Ports
Manufacturing and logistics operations in Shanghai are grinding to a halt as China holds fast to its zero-tolerance COVID policy, marking the largest city-wide lockdown ... Read More
China Lockdowns Spread After a Surge in Asymptomatic COVID Cases
China’s pursuit of its zero-COVID strategy has delivered a new blow to global supply chains. Several of China’s largest factory cities have ordered lockdowns amid ... Read More
Shippers Brace for More Supply Chain Disruptions After Russia Invades Ukraine
The Russian invasion of Ukraine will most likely exacerbate global supply chain issues, and shippers, already operating in crisis mode, should expect further supply chain ... Read More
Conley Terminal Gate CLOSED Feb 25 Due to Winter Storm
The latest information regarding anticipated winter storm predicts between 8 to 12 inches of snow north of the Mass Pike, with snowfall rates of 1 ... Read More
U.S. Imposes Trade Restrictions on Eastern Ukraine
In the first of what could be multiple waves of sanctions and export controls, the White House imposed new sanctions barring trade, financing, and new ... Read More