Just in Time Inventory
Did your favorite producer just complete their latest bottling? Are some SKUs selling faster than you thought? Get on top of your inventory with LCL’s small, frequent shipments. LCL rates are the lowest they’ve been in years so you can feel good about your Just in Time inventory.
We currently have space on the following lower volume LCL lanes. Space will be allocated on a first come first served basis:
France to OAK: 100 cases
Spain to OAK: 100 cases
Italy to OAK: 750 cases
Portugal to NY: 600 cases
Portugal to OAK: 150 cases
South America to NY: 900 cases
New Zealand to OAK: 900 Cases
Australia to NY: 500
Germany to NY: Building a new container for August
Please reach out to your account manager or firstname.lastname@example.org
Authorities managing the Panama Canal are continuing draft restrictions first put into effect in April. As the drought has persisted and water levels dropped by several feet, larger container ships now carry 25% less than earlier this year. Maersk has just announced a surcharge of $350 a container effective for shipments originating after August 1st. It is likely the other shipping alliances will follow suit.
The ILWU in Vancouver, British Columbia have been on strike since July 1st and the action is expected to result in delays south of the border. Yesterday, both sides were reviewing a potential settlement offer brokered by the Canadian government, and were given 24 hours to respond. For their part, the ILWU’s U.S. counterparts have decided to show solidarity by refusing to work containers bound for Canadian ports, however they will not be able to realistically identify any redirected containers or carry out this threat. US ports will be forced to absorb some of the contents of the 16 vessels turned away so far from Vancouver, and as of today the backlog stands at 63,000 TEUs. That number is expected to hit 245,000 by July 31. We continue to monitor the situation.