Cargo rollovers rise as Maersk rolls more than 1 in 3 shipments in October

Dive Brief:

  • The rate of rolled cargo at transshipment ports increased in October to nearly 29%, up from almost 27% in September and more than 22% in October 2019, according to figures in an emailed release from Ocean Insights, a company that tracks containers.
  • MSC’s rollover ratio increased to nearly 23% in October from more than 16% in September, while Maersk’s ratio rose to more than 35% in October from nearly 33% in September. Ocean Insights’ figure measures the percentage of cargo that left a port on a different vessel than originally scheduled.
  • The second-busiest port in the world, Port of Singapore, saw an increase in its ratio to more than 31% rolled cargo in October from more than 30% in September. But some areas did see improvement, including the busiest port in the world, Port of Shanghai, which had its ratio improve to less than 23% in October from almost 26% in September.

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Source: Supply Chain Dive

Black Friday 2020 online sales on pace to grow as much as 42%

Dive Brief:

  • Early data from Adobe Analytics forecasts Black Friday online sales to hit between $8.9 billion and $10.6 billion, which represents growth of 20% to 42% year over year.
  • The data firm expects Black Friday and Cyber Monday to become the two largest online sales days in history as consumers shift more spending toward e-commerce amid the COVID-19 pandemic. By Friday morning, Salesforce projected online sales in the U.S. for Black Friday to spike 15% to $11.9 billion.
  • According to Adobe, Thanksgiving sales hit a record $5.1 billion, up 21.5% over 2019. Although that represents a new high, “it didn’t come with the kind of aggressive growth rate we’ve seen with the start of the pandemic,” Taylor Schreiner, director of Adobe Digital Insights, said in a statement.

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Source: Retail Dive

Holiday Sales to Grow Between 3.6%- 5.2% Says Industry Group

Continued consumer resilience is helping retail sales rebound, the National Retail Federation said on Nov. 23. This caused the industry group to forecast that holiday sales during November and December will increase between 3.6% and 5.2% over 2019 to a total between $755.3 billion and $766.7 billion.

The numbers compare with a 4% increase to $729.1 billion last year and an average holiday sales increase of 3.5% over the past five years.

“We know this holiday season will be unlike any other, and retailers have planned ahead by investing billions of dollars to ensure the health and safety of their employees and customers,” NRF  CEO Matthew Shay said in a statement. “Consumers have shown they are excited about the holidays and are willing to spend on gifts that lift the spirits of family and friends after such a challenging year. We expect a strong finish to the holiday season and will continue to work with municipal and state officials to keep retailers open and the economy moving forward at this critical time.”

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Source: Material Handling & Logistics

Aviation groups reach compromise on airport slot relief

Airport and airline industry organizations are urging aviation regulators to adopt more flexible rules on valuable take-off and landing slots to help preserve air service in many communities, while also making some accommodation to low-cost carriers trying to gain more access to big, hub airports.

On Thursday, the International Air Transport Association, Airports Council International and an association of slot coordinators recommended the current suspension of use-it-or-lose-it  flight quotas through March be extended until September 30, the end of the busy summer flying season in the northern hemisphere.

Under normal circumstances, airlines can lose allocated slots to competitors at congested airports if they don’t use them at least 80% of the time. IATA has aggressively sought to relax slot rules ever since the coronavirus pandemic brought passenger travel to a trickle in March, saying financially battered airlines can’t afford to defend all-important airport access by operating money-losing flights. Airports have argued for case-by-case relief rather than blanket waivers, while budget-carriers complain slot rules prevent them from expanding and that IATA’s legacy members use them to keep out competitors.

Slot-regulated airports serve almost half of all passengers and anchor much of the scheduled airline networks. Companies share space in large passenger aircraft to move goods, especially for international trade, and any loss of airport access to leisure-style airlines could reduce the available pipeline for direct shipments to major airports.

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Source: American Shipper

Not a very merry Xmas for importers as ships cut and run from UK ports

Vessel diversions eased congestion at the UK’s container port hubs this week, but much of the cargo discharged at Rotterdam, Antwerp and Zeebrugge will struggle to reach vital Christmas markets.

Ocean carriers have skipped a number of UK calls in the past few weeks, and been obliged to “cut and run” due to slow working on ships that did get alongside.

“I don’t know what’s worse,” said a forwarder at Felixstowe, “having our boxes stranded in Antwerp or having randomly split shipments that customers reject.

“It’s a total mess and I fully understand the angry reaction from importers.

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Source: The Load Star