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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Take Conner, the manufacturer of FORT, a magnetic pillow fort. But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. CMA CGM, the third largest ocean carrier, is increasingly oriented towards shippers, with the vertical acquisition of CEVA in 2019. Accelerating the shift. Image via StarAir.dk).

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. That digital reach extended to importing as well.

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. In August 2019, a typical pre-pandemic month, Americans spent $500 million on grocery delivery. USPS reflected the impact of PSRA on its books as a one-time, non-cash benefit of $59.6 billion business.

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A Time for Unfiltered Straight Talk

Supply Chain Matters

Financial results were positive and included annual net revenues increasing 32 percent on a year-over year basis, and 42 percent when compared to pre-pandemic 2019. The theme of this editorial is our belief that this is a time for some unfiltered communication from senior business, supply chain, and procurement executives.

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8 Truckload Market Trends for 2018

CH Robinson Transportfolio

But there are several trends presenting themselves that will help us redefine what “normal” means for truckload in 2018 and 2019. When securing transportation, you’d do best to align your favorable freight attributes with carrier goals. GDP and manufacturing indices continue to show strength in the economy.

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