Freightos

FEBRUARY 13, 2024

More Resources Home February 13, 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. Europe prices (FBX11 Weekly) fell 8% to $4,697/FEU.

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Freightos

JANUARY 10, 2024

More Resources Home January 10, 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. Europe prices (FBX11 Weekly) increased 176% to $4,391/FEU.

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Freightos

FEBRUARY 22, 2024

More Resources Home February 22, 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. Europe prices (FBX11 Weekly) fell 2% to $4,587/FEU.

Price Reduction 177

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Freightos

JANUARY 3, 2024

More Resources Home January 3, 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. Asia-US East Coast prices (FBX03) climbed 55% to $3,900/FEU.

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Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

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Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

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Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

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Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

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Resilinc

FEBRUARY 5, 2024

Incorporating Enterprise Risk Management (ERM) into your overall business strategy is now more important than ever in 2024. On the surface, SCRM focuses on mitigating risks specifically related to procurement, while ERM is a larger framework that focuses on managing risks across the entire organization. In 2022, the U.S.

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Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. production worker hourly wages starting in January 2024.

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Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

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Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. In some cases, a customer can cancel or change the shipping location after the item has been picked and packed.

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Supply Chain Matters

MARCH 6, 2024

Shipping new vehicles from Austria to the U.S. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. market also comes with logistical challenges, hence the stated need for a U.S. All rights reserved.

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Multichannel Merchant

OCTOBER 14, 2022

A search of open positions including the term “fulfillment” on TikTok’s LinkedIn page turns up 62 results worldwide on Thursday, with a mix of operations titles (logistics, fulfillment, supply chain) and ecommerce roles (procurement specialists, merchant development, seller governance and vendor program managers).

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Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation. All rights reserved.

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QAD

MAY 23, 2023

It’s easy to forget about where materials come from when you’re holding a product in your hand or looking for a supplier that can offer a great deal and reliable shipping, but many of those items come with ESG implications. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

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Supply Chain Matters

SEPTEMBER 6, 2022

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

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Supply Chain Matters

APRIL 4, 2024

Four Kites and BuyCo Partner to Provide Ocean Freight Management Supply chain end-to-end visibility Cloud platform provider Four Kites and BuyCo , an ocean container shipping platform have announced a strategic partnership to provide Fortune 500 shippers with broader visibility and control throughout the entire container shipping process.

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Locus

MAY 2, 2023

Projections indicate that D2C e-commerce sales in the US will hit $213 billion by 2024, which makes up 16.6% Low shipping fee: Customers prefer brands that offer lower shipping fees, making it more cost-effective for them to receive their orders. Apple’s D2C sales grew from 29% in 2018 to 38% in 2022. of total e-commerce sales.

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Freightos

DECEMBER 19, 2023

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

Negotiating Skills 227

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

How Shipping Can Help Save The Planet. But to be honest, the shipping industry is as much of a culprit. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Meanwhile, reports estimate that shipping contributes 3%, or a staggering 1 billion tonnes of CO2. Size Matters.

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Supply Chain Matters

MARCH 5, 2024

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. The February 2024 reading of 50.3 United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions. compared to a January reading of 50.0,

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Container shipping to hit bottom in mid-2023, forecasts HSBC. <[link].

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Resilinc

JULY 26, 2022

Among top PC makers, only Apple showed growth in unit sales, shipping 9.3% For supply chain managers charged with semiconductor procurement, this statement from TSMC CEO CC Wei may be of the more direct interest. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

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Supply Chain Matters

DECEMBER 4, 2023

Growth was reportedly fueled from demands in medicine, high tech, auto, railway, shipping and aerospace equipment markets. As the final month of Q4 transpires with November’s indication of some stabilization in contractionary production trending, the lens now turns to expected 2024 product demand and supply needs. in November from 50.6

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Supply Chain Matters

MAY 22, 2023

Container Shipping Industry The quarterly performance of ocean container shipping lines continue to reflect decreased volumes and significantly reduced profitability levels amid this industry’s reported 30 percent reduction in scheduled route capacity. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

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Resilinc

JANUARY 31, 2024

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. In this blog, our supply chain experts share their list of ins and outs for supply chain risk management in 2024, from diversifying your supplier base to mapping your supply chain down multiple tiers.

Supply Chain Risk Management 110

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Supply Chain Matters

JULY 21, 2023

Bart DeMuynck, Chief Industry Analyst at supply chain visibility provider project44 indicates that he expects retailers trying to keep shelves stocked to be hit the hardest if a strike does occur, followed by automotive makers that ship millions of aftermarket parts to dealers and parts retailers.

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Enterra Insights

JULY 22, 2020

between 2019 to 2024, more than doubling in size. They include: Transportation Management Systems : “Supply chains depend on fixed lead time and uncertainty for factors such as ocean shipping, can be addressed by predicting future disruptions.” That’s why spending on supply chain advanced analytics is on the rise.

Predictive Analytics 100

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Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? Which megatrend is top of mind for you going into 2024?

Supply Chain Risk Management 100

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Intelligent Audit

DECEMBER 12, 2022

Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S. The latest proposal provides tens of thousands of rail workers with 24% pay increases over five years from 2020-2024, immediate payouts averaging $11,000 upon ratification, and paid personal day off. gateways for Asian imports.

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Supply Chain Matters

SEPTEMBER 19, 2022

with commercial volume operations by the end of 2024. According to the report, Tesla intends to utilize a more environmentally friendly process for producing the battery friendly raw ore and ship that ore by truck or rail to Tesla’s various other battery manufacturing sites.

Supply Chain Network Software 52

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ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. Cultivate Cross-functional Collaboration Encourage different departments, from supply chain and procurement to finance and IT, to work in harmony.

Prescriptive Analytics Software 52

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Logistics Viewpoints

APRIL 5, 2024

A total solar eclipse will take place at the Moon’s ascending node on Monday, April 8, 2024. Rockville, Maryland-based OCR says it helps customers streamline and automate processes around denied party screening, license procurement / management, and product classification. The Great North American Eclipse is coming.

Logistics Network Optimization Software 233

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Supply Chain Matters

APRIL 29, 2022

Among the messages communicated from the latest Amazon financial results were: Online retail shipping volumes declining 3 percent on a year-over-year basis, noted as the largest drop since 2016. Intel CEO Pat Gelsinger indicated that the semiconductor chip shortage will last longer than expected, likely into 2024. “

Agile and Lean Supply Chain 52

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Increased Shipping Costs, Delays, and Transportation Issues. Famous Pacific Shipping Group ). Following the pandemic, 91% now do.

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