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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. For instance, the recycling rate in California for cans made from aluminum has fallen to a mere 20% from 91% in 2016 and 73% in 2021. About 73% of the aluminum cans in the US come from recycled scrap.

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The Top 100 Logistics Companies with Seth Clevenger

The Logistics of Logistics

Despite a challenging economic environment and less favorable market conditions, the largest third-party logistics companies in North America continued to grow last year. Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom.

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Smart Software to Preview New Gen2 Forecasting Models at Microsoft Community Summit 2021

The Smart Software

today announced that will participate at the Microsoft Community Summit North America 2021 and preview it’s soon to be released Gen2 forecasting algorithms.1. The post Smart Software to Preview New Gen2 Forecasting Models at Microsoft Community Summit 2021 appeared first on Smart Software. Smart Software, Inc.,

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers. According to the UN’s Global Trade Update, “all major trading economies saw imports and exports rise above pre-pandemic levels” in Q4 of 2021. These costs include: labor, energy, and materials.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels.

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How Do You Plan for the Unpredictable? Advice for Supply Chain Planners in 2020

ToolsGroup

ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at Supply Chain Brain , to share anecdotes and advice for supply chain planners in a year no one could have planned for. Inventory (and therefore customer service level attainment) has faced unprecedented stress this year.