Container Rates for Trans-Pacific Freight From the US to Asia Hit Rock Bottom
The imbalance of trade between Asia and the US keeps trans-Pacific westbound freight rates lower than eastbound rates. Most ships arriving from Asia to the US are heavily booked, while the return voyages are booked at less than 40% capacity. The imbalance is compounded by the current trade war. The strong dollar and retaliatory tariffs from China have made exporting from the US more costly. Further downward pressure on rates is caused by a larger volume of low value commodities like scrap materials being exported to Asia, while finished consumer goods imported to the US command higher freight rates. To learn more about the reasons for lower westbound freight rates, read here.
A Drone Delivery Startup Aims To Provide 10 Minute Package Delivery Services
Flirtey has partnered with Dominos and 7-Eleven to test a delivery method that could replace the hub & spoke model used by most logistics providers. Hub & spoke deliveries are typically routed via distribution centers. Drone delivery enables vendors to deliver directly from the nearest store to your door. Flirtey has even partnered with an ambulance service to deliver defibrillators to people suffering a heart attack before paramedics arrive. Read more about this paradigm shift here.
Are Drone-Like Flying Cars the Future of Package Delivery and Short Range Passenger Transport?
NEC of Japan has tested a prototype of an EVtol aircraft (electric vertical takeoff and landing). The Japanese government intends to develop driverless aircraft for people by the 2030’s, while Uber Air is reportedly developing a VTOL aircraft (vertical takeoff and landing aircraft) for demo flights in 2020 and commercial flights in 2023 in Dallas, Los Angeles and Melbourne. Read more here.
(Photo credit: AP Photo/Koji Sasahara)
Managing The Logistics Of Rock And Roll Concert Tours Leaves No Margin For Error
Concert tours require meticulous planning, reliable carriers, knowledge of international customs requirements, 24/7 attention to detail and lots of care. Large tours with back to back gigs maintain at least 2 identical sets of equipment which leap frog between venues to allow time for one set to be loaded in and erected, while the previous set is being taken down and loaded out for the next venue. Read more about challenges unique to the touring entertainment industry here.
Case Study – Railway Tram Systems Transport and Installation
International transport of railway tram systems presents a unique set of challenges. These oversize rail cars require special handling to move safely from factory to destination. The process involves engineering the trams with lifting points for safe hoisting by cranes, performing inland route surveys, securing ocean carrier and port approvals, custom design and sourcing of spreader bar assemblies, overseeing crane operations at inland origin and destination points, managing loading and lashing at ports of loading and on board ships, as well as securing on mafi platforms and drop deck trailers. Marine engineers are hired to survey the entire process and ensure the units are safely lifted and secured for transport. Overseas Brokers has managed turnkey projects from factories in the US and Europe to multiple destinations in the Middle East and Caribbean including transport, heavy lift operations and installation onto the tracks for entire tram systems, as well as railway track laydown and ongoing supply of equipment for system maintenance .
To see video of a modern tram arrival by ship, it’s journey from the port to the track and a test run, click here: https://www.youtube.com/watch?v=6AOk5BQpZbg
To read more about double decker and single deck open tram systems we handled, click on the following links:
New York is the First Port of Call
New York is the first port of call for most container ships arriving at US east coast ports, due to its ability to handle ultra-large container ships and easy access to the Midwest. Factors that make NY attractive for the biggest carriers include the recent raising of the Bayonne Bridge, improvements in its waterways, major capital investments and the imminent completion of the ExpressRail terminal in Bayonne. Read about the recent arrival of the YM World at Freightwaves.