NASA – Ocean carrier increases and service levels still reflect a disrupted supply chain as we move into 2022
As current rates expire at the end of the month, we wanted to prepare our members about carrier pricing starting in January.
We know that the first quarter next year will remain outside of typical volume levels – the high demand is still very much a product of current shipping delays.
Port congestion in North Europe, Oceania, and the US West coast especially is still slowing recovery efforts, keeping rate pressure high, and limiting weekly availability of equipment and vessel space.
While demurrage and detention are not at the extreme levels seen this summer, there still are ongoing delays to secure chassis equipment and truck power.
The negative impact on American industries and exports has prompted the creation of the U.S. Supply Chain Taskforce and new government executive orders and legislation addressing these topics.
The Ocean Shipping Reform Act 2021 (OSRA), which proposes changes to unfair demurrage and detention practices and export container receiving among other reforms, passed in the House this month and now the Senate will prepare their version which will likely come in the new year.
In the meantime, we continue to push for both vessel space and equipment and encourage you to provide as much lead time on new bookings.
Be sure as well to sign up for myHillebrand where you can view and request quotes, track order progress, and manage invoices and payments online. Sign up on www.hillebrand.com or ask your Hillebrand representative for an activation link.