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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

Schedules were quickly disrupted and capacity shifted to China – Europe and North America lanes to accommodate the longer voyages. Since January, the ocean freight shakeup has pushed many shippers to the air. These changes made ocean capacity (and empty containers) scarce, sending container rates out of India spiking.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

This strategic move has not only circumvented significant costs but also dramatically increased air cargo demand from China, particularly from hubs in Hong Kong and Guangzhou, impacting traditional logistics and shipping frameworks. From Q3 2021 to early 2022, Freightos Air Index China-U.S. These rates dipped to around $3.50/kg

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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

raises $20M as it scales robot deliveries How friendshoring is impacting trade with China and the Far East Seagate to pay $300m settlement for violation of US export control laws Walmart is debuting the first North American 15-liter compressed natural gas engine, which is set to be incorporated into its private fleet.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of global manufacturing output showing signs of stabilizing at the conclusion of Q1. That stated, the reported 49.6

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Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

Mexico is seeing strong growth in manufacturing. One CEO recently reported that merchandise that merchandise – which used to take 21 days to travel from China to the port of LA or port of Long Beach – now takes 159 days to get to the warehouse. market and secure redundant sources of supply. Due to strong U.S.

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More than storage: What warehouse services can a 3PL provide?

Kanban Logistics

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. What’s important to understand, however, is that many 3PLs are capable of a wide array of warehouse services in addition to the basics. Some might surprise you.