Lakes Logistics LLC

Lakes Logistics LLC Transportation sales agency & logistics consulting company.

After all of the record profit announcements from ocean carriers (for example: Hapag Lloyd making more in the last 6 mon...
08/25/2021

After all of the record profit announcements from ocean carriers (for example: Hapag Lloyd making more in the last 6 months than the last ten years combined) this was bound to start happening. More to come I'm afraid which will cause even more disruption in our crippled supply chain. 'smine?

By Nick Savvides (The Loadstar) – More than 90% of HMM’s seafaring union members voted to strike on Sunday and, if a resolution is not reached, the 453 union members are threatening...

Covid just keeps causing problems:
06/17/2021

Covid just keeps causing problems:

Estimates suggest more than 600,000 teu has now been affected from the fallout of an outbreak of Covid-19 around Yantian Port in southern China with ports around the world braced for a severe shortage of equipment in the coming weeks, just as the US peak season gets underway. Quizzed by Splash today...

Chaos is a very polite term:
03/07/2021

Chaos is a very polite term:

This is an incredibly well written article that summarizes the current state of our global supply chain crisis, an amazing read! Even for friends and family...

US port employees deemed "essential". As if we did not know that already!
03/26/2020

US port employees deemed "essential". As if we did not know that already!

Port workers across the UK are designated as essential key workers to support the national effort to keep the supply chain moving.

Difficulties in the container trades continue to grow:
03/03/2020

Difficulties in the container trades continue to grow:

The container shipping industry is facing up to acute shortages of boxes at ports in Europe and North America, a situation that could worsen in the coming weeks. Data from Hamburg-based Container xChange, an online box repositioning platform, shows that thanks to the coronavirus and record numbers o...

Record number of vessel sailings voids creating significant shortage of containers in the USA for our exports:
02/26/2020

Record number of vessel sailings voids creating significant shortage of containers in the USA for our exports:

The coronavirus has set a new record for the amount of inactive container tonnage around the world, smashing the huge volumes of idled boxships seen at anchorages in the wake of the global financial crisis or in the months after the collapse of Hanjin Shipping in 2016. Data from Alphaliner shows as....

IMO2020 fuel costs are driving container traffic rates higher in several tradelanes. Seems to have less effect on lower...
01/28/2020

IMO2020 fuel costs are driving container traffic rates higher in several tradelanes. Seems to have less effect on lower volumes in the bulk trades.

Jan 27 (Reuters) – The Baltic Exchange’s main sea freight index fell to its lowest level since April 2016, dragged down by lower vessels rates across categories. * The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, dropped 11 points, or...

Some great insight to digest:
12/31/2019

Some great insight to digest:

Jim Blaze writes about the potential of short-haul intermodal traffic on the North American Class 1 railroads.

Will any agreement bring back the volumes lost between our two great countries?
12/05/2019

Will any agreement bring back the volumes lost between our two great countries?

By Jenny Leonard and Niu Shuping (Bloomberg) — The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. The people, who asked not to be identified...

Seems pretty risky to me, however risk is part of the grain traders lives.
12/05/2019

Seems pretty risky to me, however risk is part of the grain traders lives.

American financial services giant INTL FCStone has detected a swathe of bulk carriers taking the slow path to Asia, suggesting the ships are likely waiting for some breakthrough in negotiations between the US and China in the ongoing trade war. Soybean loadings to China from the US Gulf are taking s...

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