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Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008. . It worked. .

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? It starts back in 2008.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

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It’s Time to Confront the Prospect of a Global Recession

MIT Supply Chain

Even though companies have their hands full dealing with today’s uncertainties, they are well-advised to start thinking about how to prepare for a downturn that could compare to the 2008 financial crisis. Furthermore, the crisis laid bare the inadequacies of the US freight logistics systems, leading to widespread bottlenecks.

Global 97
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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

Since the inception of this blog in 2008, Supply Chain Matters has provided perspectives and takeaway thoughts from each annual report. GDP level, and a level not seen since 2008. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S. based manufacturing facilities had soared by over 116 percent. Background.