Sefco Export Management Company, Inc.
RESOURCES FOR BUSINESS
Stay up to date with market conditions.
Read up on the latest developments in the shipping industry.
Subject:
FYI: industry wide conditions: capacity issues affecting all shippers;
Export Trends point to longer waits for space, need to book way ahead.
Industry Publication: JOC
Gist: "sailings are now fully booked six to eight weeks in
advance"
Bad to worse to
...?
Journal of Commerce
Monday, June 09, 2008
By: BILL
DIBENEDETTO
excerpt:
|
"We may not have enough capacity long-term no
matter what we do, even if container moves per hour were to double or
triple," Romanowski said. That's because by 2020, "demand will exceed
current capacity by as a much as 400 percent."
While the export
boom is the current bright spot in an otherwise sluggish container volume
environment, it has exposed a complex set of operational and cost problems
for transportation managers to resolve. Those much-discussed issues include shortages of vessel space and
containers, container and chassis equipment location problems and weight
issues.
Apparently, shippers will not only have to
scramble to find scarce boxes for their exports, they'll be paying more to
use them. Maersk Line has announced general rate increases
effective July 1 for exports of containerized and refrigerated cargo from
North America to northern Europe, the Mediterranean and the Middle
East. |
'Crazy' tight market
Journal of Commerce
By: PETER T.
LEACH
excerpt:
|
Ask carrier executives about the state of the
project cargo market these days, and many describe it simply as "crazy."
That's what they call the amount of demand, and
how they describe the scarcity of capacity they need to meet that demand.
Some carriers are even rationing the space they
allocate to project shippers to any given region because they want to be
able to maximize their calls to other regions.
|
We recommend that all shippers, exports and importers, read and subscribe to the JOC.
Likewise we recommend our shippers to
make your reservations
well in advance of when you actually plan to ship your cargo.
If you know that you will need to ship a container, high/heavy equipment or breakbulk project cargo: dont wait a long time after Sefco confirms the shipping rate.
Waiting two months for space to open is the current norm.
We recommend booking your cargo within 5 business days of issuance of a Sefco Export rate quote/confirmation.
If booked promptly (within 5 days/after receipt of a Sefco Export quotation) the process tends to move more quickly.
Note: Smaller vehicles moving via RoRo service and LCL shipments tend to move in a shorter time frame. These are industry-wide conditions affecting all shippers.
|
|
Contact Sefco:
Online Directory
Rate Request Form
|
|
|
|