Nearly a decade after the initial groundbreaking, the Panama Canal's expansion of a third set of locks is set to open to container ships (and specifically mega-ships) on June 26th.Read More
According to the Baltic and International Maritime Council (BIMCO), imports through East Coast ports in the United States reached 7.9 million TEU of loaded containers in 2015—an astounding 12.6% increase from 2014.Read More
Leaders and cargo movers from across the international shipping industry were out in full force this year for the Journal of Commerce's 16th TPM (Trans-Pacific Maritime) Annual Conference in Long Beach, CA. In the thick of it all was Charlie McGee, Averitt's vice president of international solutions.
After four days of making the rounds and sitting through discussions to size up the industry's concerns and outlook for 2016, McGee delivers his three major takeaways from TPM:Read More
Customer Testimonial: Supply Chain Success In The Retail World
Craig Barnell, General Manager of Connecticut-based Fishers Finery, utilizes the services of Averitt Express on many different levels. From importing to warehousing and delivery, "The Power of One" gives Barnell the peace of mind that comes from the knowledge that he has: One Contact. One Invoice. One Partner.Read More
Ups and Downs of Ocean Rates
2015 WILL LIKELY BE RECORDED AS THE MOST VOLATILE YEAR IN THE HISTORY OF CONTAINERIZED OCEAN SHIPPING.
During the peak of the West Coast ILWU/PMA labor dispute that was reached in February of 2015, backlogs and congestion reached from both shores of North America all the way back to the containers stacked up in Asia awaiting a slot on a vessel that had been long delayed by the gridlock on the West Coast and the sheer volume that was diverted and moving via East and Gulf Coast ports, container rates had skyrocketed to a level never seen before. Many desperate shippers were willing to pay almost any price to get their cargo moving.Read More
The 2014/2015 West Coast port labor disruptions pushed importers and transportation/supply chain providers to work hard on fixing what had become a broken model, says Charlie McGee, Averitt's Vice President, International Solutions.
He spoke to JOC.com's Alessandra Barrett at the 2015 JOC Inland Distribution Conference about risk tolerance and expectations for 2016.Read More
When it comes to the volatile world of international supply chains, shippers have to be able to make the right decisions at the right times. And in recent years, American importers and exporters have come to learn that is often better to operate with a proactive (rather than reactive) approach to inland transportation that begins or ends with a port.
More than ever, shippers and supply chains exist in a state of what I like to call “local global complexity.” Rapidly changing economies, customer culture and technology continually force us to re-evaluate supply chain practices.Read More
For the second time in less than a week, the PMA imposed a partial shutdown of operations at all 29 West Coast ports on Thursday (2/12). The organization also announced that the loading and unloading of vessels will also be suspended over the weekend (2/14-15) and through Monday (2/16).Read More
Horizon Lines, a long-time maritime carrier between the U.S. mainland and Puerto Rico, has ceased all vessel operations as of January 2015. Prior to its exit, Horizon accounted for nearly 30 percent of all container volume that was transported between the Port of Jacksonville in Florida and the Caribbean island.Read More