Logistics Viewpoints

MAY 26, 2023

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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Supply Chain Matters

MAY 22, 2023

Transportation prices reportedly contracted for the tenth consecutive month, but authors pointed to a lessened rate in the April data. Spot rates for the Shanghai to Los Angeles shipping lane segment reportedly averaged $1823. The firm’s Maersk Line container shipping business unit reported net profit of $2.3

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Logistics Viewpoints

MARCH 24, 2023

The speed of the box’s throughput enables orders to be packaged, labeled and ready to ship in 30 minutes. The company reiterated that it is expecting to make more than $4 billion in cost reductions by the end of fiscal 2025. The Port of Los Angeles had expected its numbers to be ugly in February, and they were.

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ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P.

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Logistics Viewpoints

SEPTEMBER 24, 2021

Amazon now ships more parcels than FedEx. In fact, Amazon has even begun shipping orders for outside customers. According to FedEx, the tight labor market added $450 million to costs, including increased overtime, higher wages to attract workers, and extra spending on transportation. And now on to this week’s logistics news.

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