Starting June 1st, 2023 Our warehouse fee will be $0.65/cubic foot per month
In effort to lower the warehouse storage fee during inflation, we have went narrow aisle racking.This construction took us four months but the project is finally completed. With narrow aisle racking, we are able to drop storage by 24%.We as partners will go through this inflation together.
12/23/2024
2024 marked a year of significant challenges for global supply chains, driven by disasters, strikes, and geopolitical tensions. From catastrophic vessel collisions to natural calamities and labor unrest, the logistics industry faced numerous disruptions that tested its resilience. Here, we explore the critical events that shaped the global supply chain landscape in 2024.
In early 2024, a series of attacks in the Red Sea heightened risks for international shipping. On January 18, the U.S. ship Genco Picardy and MSC’s United VIII container vessel were targeted by bomb-laden drones launched by Yemen’s Houthi rebels. These incidents escalated concerns over the safety of vessels transiting the region.
Major shipping lines, including Mediterranean Shipping Company and Hapag-Lloyd, rerouted vessels to avoid the Suez Canal, significantly increasing transit times and costs. The crisis’s ripple effects drove ocean freight rates higher, impacting industries from retail to manufacturing.
On March 26, a shipping vessel collided with the Francis Scott Key Bridge in Baltimore, leading to its collapse and a temporary shutdown of the Port of Baltimore. Automakers and other shippers scrambled to reroute shipments, causing delays that lasted for months.
Although the port resumed operations in June, many businesses considered permanent diversions to other ports, highlighting the fragility of critical supply chain nodes.
In April, a 7.4-magnitude earthquake struck Hualien County, Taiwan, the heart of global semiconductor manufacturing. The Taiwan Semiconductor Manufacturing Company (TSMC), responsible for over half of the world’s chip production, faced minor disruptions. However, even short delays sent shockwaves through the electronics and automotive sectors.
The incident underscored the importance of diversifying supply chains for critical components to mitigate risks from natural disasters.
April also saw deadly tornadoes ravaging Oklahoma, including the destruction of Dollar Tree’s distribution center in Marietta. While no employees were harmed, the company had to swiftly reorganize its supply chain to ensure uninterrupted deliveries to 600 storefronts.
This disaster highlighted the importance of adaptive logistics strategies and robust contingency planning.
In August, labor disputes led to a shutdown of Canada’s two major rail carriers. The Teamsters Canada Rail Conference’s inability to secure labor deals with Canadian National Railway and Canadian Pacific Kansas City disrupted the transportation of over 900,000 metric tons of goods daily.
Preparedness measures, including freight embargoes and contingency planning, mitigated some of the impacts, but U.S.-Canada freight connections faced significant strain.
On October 1, the International Longshoremen’s Association (ILA) went on strike, shutting down multiple ports on the East and Gulf Coasts. While the strike lasted only three days, it reignited debates over automation’s role in port operations.
With a tentative contract extension until January 2025, the industry awaits further developments as automation remains a contentious issue.