![]() In the past an importer could take 2 days to decide on a sailing or pricing, but in today’s market, if you don’t book the space immediately, either the space has already been taken by another shipper or the spot rate has increased.Įxceptionally strong market demand led to a shortage of shipping containers on certain trade lanes. Many importers have lost out on space by failing to act promptly once a quote has been sent. With demand at an all-time high, shippers have had to outbid and outmaneuver competitors for shipping space. ![]() The consolidation resulted in reduced capacity as the number of vessels in circulation was reduced by vessel sharing amongst the alliances.īottlenecks are exacerbating these capacity constraints and pushing transpacific freight rates to all-time highs. The Ocean Alliance: OOCL, COSCO, CMA CGM, and Evergreen.2M: Maersk (the largest in the world) and MSC.The Alliance: Ocean Express Network (ONE), Yang Ming, Hapag-Lloyd, and Hyundai Merchant Marine.The consolidation was driven by a number of bankruptcies in the shipping sector during the recession of 2015. Companies that want to expand their capacity to manufacture or store more inventory are facing shortages of their ownĬompetition amongst shipping lines is virtually nonexistent due to consolidations in the industry.use raw materials or components that are manufactured overseas Many of the products that are made in the U.S.Offshoring has decimated America’s capacity to manufacture most things at home.Domestically, things aren’t a whole lot better.Two major typhoons in recent months have temporarily shut down entire regions.We anticipate container prices will plummet in October as the flow of goods from China dries up.This will have a dramatic effect on supply chains that source goods from China.The Chinese government announced on September 27 that manufacturing plants may only operation 1-2 days per week in response to rising global coal prices.Efforts to control the spread of the Delta variant has led to a sharp decrease in manufacturing capacity in China, Vietnam, and Malaysia.“120 years ago it wasn’t an industrial wasteland, but a mixed-use area. “We tried to not lose sight of the history of the waterfront,” Douglas Robbins explained. A partnership between Federal Highway Administration, Pennsylvania Department of Transportation (PennDOT), the Delaware River Waterfront Corporation and the City of Philadelphia, will change that with the Park at Penn’s Landing project, which will extend the South Street pedestrian bridge and ultimately create an 11.5-acre park that spans over Interstate 95 and Columbus Boulevard to restore the connection between the neighborhoods and the Delaware River.ĪECOM is leading the outreach and planning for this transformative project with several partners: Pennoni, Hargreaves Jones Landscape Architecture, KieranTimberlake and others. Penn’s Landing has been a social hub in Philadelphia since the city’s conception, but since the 1960s I-95 has all but cut off accessibility to the waterfront. Innovative Air Technologies Kacy Orr #davidschurk #manufacturesreps #engineers #contractors #owners #engineering #mechanicalengineering #mechnicalengineers #dehumidification □ #Demystifing desiccant dehumidification is what I do □ □ If you’d like a down-to-earth explanation of how this works, and the benefit’s of desiccant dehumidification, just let me know and we can schedule this 45 minute presentation for both you and your team! ❓I’ve included a short 3 minute clip from a recent webcast I presented on this topic… are you curious to learn more. ❤️ #desiccant dehumidification a simple and thermodynamically #eloquent way to efficiently-and-effectively maintain stringent indoor relative humidity in environments like hospital operating rooms… and of course many, many others! □ This may seem complex, yet it’s anything but. □ This may seem like rocket science, but it isn’t. □ When presenting a highly #technical topic, it’s my goal to make the seemingly complex, seemingly #simple …and many times it’s exactly that!
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