FORECAST, FORECAST, FORECAST The capacity market has been more volatile recently than in pre-pracademic years, and shippers now understand that transparency between all stakeholders is essential to maintaining a steady supply chain. Organizations that are able to reliably forecast are better equipped to secure the space they need as well [...]
Earlier today, Chinese weather authorities issued a yellow alert as conditions caused by Typhoon Kompasu worsened. The inclement weather and strong winds have forced the closure of Yantian International Container Terminal (YICT) in Shenzhen, as well as the Port of Hong Kong. Flights and ground operations at Hong Kong Airport [...]
Due to the extreme backlogs and congestion in ocean freight along trans-Pacific trade routes, international shippers have begun turning to airfreight, maxing out capacity from select origins and driving early peak season demand. PORT CONGESTION COVID lockdowns combined with severe year-round weather impacted supply chain operations at both origin and [...]
Ground service providers are responding to the enormous bottleneck at Chicago O'Hare by permanently transferring some warehouse operations outside the property, thereby expanding capacity. Adding supplemental facilities further away from the airport goes against the conventional business paradigm of processing loads close to the plane to allow for quick handoffs, [...]
Due to a severe winter storm, which began February 11th , a Federal Emergency Declaration was approved by the White House on February 14th for the State of Texas. Millions of Texans have been without power since early Monday morning and the outages spread beyond Texas into areas in Ohio, Mississippi, [...]
