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TPM speakers warn of bumpy 2022
The TPM22 conference in Long Beach had roughly 200 speakers and 3,000 attendees. Many of the speakers suggested that although full year US import growth may have peaked in 2021, the supply chain issues may not be letting up. Additionally, some of the speakers warned that port congestion and disruption could drag into 2023.
Carriers build capacity out of Asia on strong demand expectations
The significant increase in deployed capacity by carriers on the key trades out of Asia last year will extend at least through the first few months of 2022, maintaining pressure on the choked port gateways on the US West Coast and North Europe.
Zim launches first-ever SE Asia-USEC express service
Zim is launching the first-ever expedited ocean service connecting Southeast Asia with the US East Coast. Therefore, Baltimore will be the first US call amid congestion at other major domestic gateways.
Independent Asia carrier starts US East Coast service
Singapore-based Sea Lead Shipping is starting a new trans-Pacific weekly service from Asia to the US East Coast that will offer shippers a way to bring in goods through less congested ports.
Port of LB achieves busiest February on record
Ongoing efforts to expedite transfer of long-waiting cargo off the docks lifted the Port of Long Beach to its busiest February on record.
Dockworkers and terminal operators moved 796,560 twenty-foot-equivalent units of container cargo in February, up 3.2% from the same month last year. Additionally, imports increased 4.4% to 390,335 TEUs, while exports declined 1.2% to 117,935 TEUs. Lastly, empty containers moved through the Port were up 3.5% to 288,290 TEUs.
About O’Neill Logistics
O’Neill Logistics is a leading 3PL with operations in Rancho Cucamonga, CA; Savannah, GA; and Newark/Monroe, NJ. We service many verticals including Garments, Fashion Accessories, Footwear, Furniture, Home Goods, & Electronics. Additionally, we offer omni-channel distribution and all value-added services. Lastly, we focus on retail “drop shipment” fulfillment and item-level fulfillment services with same-day service offerings.
O’Neill Logistics has over 2 million square feet of state-of-the-art facilities. Additionally, we offer dray services to support the warehouses and provide distribution to retailers and wholesalers.
Lastly, we aim to simplify your supply chain by delivering exceptional service and optimizing your operational performance. Therefore, we aim to build, protect and foster strong business partnerships.
