VMS® Vessel Map – Enhanced Visuals and Control Shipment visibility is more important today than ever before. Vessel schedules are changing almost daily with vessels backed up at ports and missing normal rotations. Century’s teams are working to improve visibility by capturing and verifying information from myriad sources including carriers, websites, portals, and other networks. We just released an enhanced
What China’s energy crisis means for the global supply chain As China contemplates its strategies to combat the soaring coal prices and energy shortages, millions of households in the country have experienced sporadic power cuts with virtually no prior warnings as a result of the government’s power rationing to ensure balanced electricity consumption. Similarly, the energy crisis has also disrupted
Market Update – October 2021 While the world has adapted to a new normal with initial uncertainties of COVID-19 becoming an accustomed phenomenon, the crisis in global supply chains following the pandemic seems to be here to stay. Before a more desirable balance between demand and supply returns, many shippers believe the constraints with never-ending port congestion, sustained increases in
Market Update – September 2021 As we move deep into the peak season with many in the supply chain feeling like the previous peak never ended, the crisis initially unleashed by the COVID-19 pandemic has translated into prolonged challenges that many shippers believe may leave a permanent scar on the logistics industry. Global port congestion, scarce ocean and equipment capacity,
Preparing for China’s Golden Week 2021 China’s Golden Week is just around the corner! Please see the holiday arrangement for the Century team as follows: Century’s offices, in mainland, will be closed from October 1st (Friday) to October 7th (Thursday) for the Chinese National Holidays, with skeleton staff available to handle any priority shipments or urgent enquires. Century’s office will reopen on
Market Update – August 2021 Dire shortage of carrier space, unreliable vessel schedules, and skyrocketed freight rates – what many thought were temporary aberrations due to COVID-19, became prolonged challenges that shippers have had to endure for over a year. In times of highlighted volatility, responding to disruptions in your supply chain based on genuine and real-time information is especially