Carrier consolidation has created a landscape that is vastly different than it was five years ago. The transpacific trade lane has been reduced to 3 mega alliances that are extremely powerful and able to quickly adapt to changes in the market. The power of these alliances was on full display in 2020. One thing is for certain, the carriers’ newfound ability to control capacity…
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Container Lines Own the Leverage
At the beginning of every contract negotiation period, the shipping industry speculates whether the carriers or the shippers have the leverage to drive the contract negotiations. There is no speculation heading into the 2021 contract process. The carriers have 100% of the power barring a major collapse in the global economy. Shippers that fail to accept the new carrier tactics…
CONTINUE READINGAsia to US Container Space is Sold Out
Carriers have informed the shipping industry that container space on ships is sold out through the month of November. Space is sold out even though capacity is up 20% year-on-year. The surge in imports is unprecedented. A similar space shortage happened in 2018 but 2020 is turning out to be much worse for US importers. The carriers claim there is nothing else they can do to…
CONTINUE READINGU.S. Retail Intelligence – September
September 20 – Will ShopRite Continue Its North Jersey Reign?With Trader Joe’s, Whole Foods Market, Amazon, Aldi and Lidl setting up shop in northern New Jersey, competition is heating up for the region’s No. 1 grocer. From Winsight Grocery Business September 20 – QuikTrip's Network Reaches 850 C-StoresThe convenience retailer opened four new locations on Sept. 17,…
CONTINUE READINGFour New Directors Elected to IHA Board Of Directors
Four new directors have been elected to the board of directors of the International Housewares Association (IHA), the full-service trade association for the housewares industry. The new directors are: Scott Henrikson, president, Dexas International; Darrin Johnston, managing director, Meyer Corporation; Lisa W. Knierim, president & CEO - Americas, Villeroy & Boch;…
CONTINUE READINGWhy is the USPS Charging You 5x What They Charge Chinese Shippers?
By Jayme Smaldone Below is an elongated version of an OpEd I wrote for The Wall Street Journal, published on February 6, 2018. Please share with anyone that warehouses goods in the US. President Trump recently tweeted about mounting problems with the U.S. Postal Service. Specifically, he noted that the U.S. Postal Service (USPS) is not charging Amazon enough to deliver…
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