LA port taps $7.5 million to reward productive terminals

The Port of Los Angeles next month will begin doling out some $7.5 million in incentive awards to encourage marine terminals to meet certain metrics for truck turn times and dual transactions as the clogged gateway continues to struggle with record imports from Asia.

Read More at JOC

Outbound tender volumes continue to fall

The Outbound Tender Volume Index (OTVI) fell 3.4% week-over-week (w/w). This is a meaningful decline, but shouldn’t be seen as a trend. Tender volumes are following the seasonal lull, but at a much higher level. Due to the high level of tender rejections, it is important to adjust OTVI to account for this. On a rejection-adjusted basis, tender volumes are up 23% year-over-year (y/y), up from 20% last week. 

Read More at Freightwaves

It’s time to hit reset on these 3 aspects of supplier management

Companies have had nearly a year to adapt their service levels to the pandemic, and workarounds should be baked into service blueprints.

Read More at Supply Chain Dive

Climate Action in the Supply Chain

Climate change is poised to receive a much bigger spotlight in 2021 as President-elect Joe Biden‘s incoming administration puts a renewed focus on tackling various environmental and energy issues.

Read More at Freightgate

Maersk Ship Loses 750 Containers Overboard in the Pacific Ocean

About 750 containers from the Maersk Essen fell overboard on Jan. 16 while sailing from Xiamen, China to Los Angeles, the company said in an emailed statement. All crew members are safe and a detailed assessment of the cargo is ongoing while the vessel continues its journey. 

Read More at Bloomberg