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

Freightos

Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing. With this fresh in mind, how are small and medium-sized importers preparing for 2024? And the answer lies in how their 2023 went too.

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

Logistics Viewpoints

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

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January 30, 2024 Update

Freightos

More Resources Home January 30, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 11% to $5.33/kg

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October 25, 2023 Update

Freightos

America weekly prices were level at $4.80/kg America weekly prices increased 1% to $1.71/kg. Reports by many major retailers that inventories are now under control is a positive sign for the possibility of a restocking cycle after the holidays if spending holds up. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU.

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This Week in Logistics News (September 16 – 22)

Logistics Viewpoints

“We have been planning early and leveraging investments in our people, infrastructure, transportation and technology made possible by the Delivering for America plan. And with no holiday surcharges, we are strongly positioned to be America’s most affordable delivery provider this holiday season.”

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. To overcome this, Amazon has developed sophisticated inventory management systems that allow them to efficiently store and retrieve products from their fulfillment centers.

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August 29, 2023 Update

Freightos

America weekly prices increased 6% to $4.02/kg America weekly prices fell 4% to $1.67/kg. And while a recent analysis shows US retail inventory levels are decreasing , they remain elevated, and, together with slowing sales, will likely push off a significant restocking cycle and freight rebound until mid-2024.Taken