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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

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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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Container shipping prices skyrocket. As early as 2025, at least 50 percent of new Porsches sold will include an electric drive. The average price world-wide to ship a 40-foot container has more than quadrupled from a year ago, to $8,399 as of July 1, according to a global pricing index by London-based Drewry Shipping Consultants Ltd.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

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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Chinese Lockdowns and the Future of Supply Chains

Enterra Insights

… Beijing’s zero-tolerance approach to Covid has idled factories and warehouses, slowed truck deliveries and worsened container logjams. On average, global container shipping rates have more than quadrupled since 2019, and schedule delays have risen. Hospitals from the U.S. ” Consequences of Chinese Lockdowns. ”[4].

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Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

This contract is characterized as the single largest private-sector collective bargaining agreement in North America. Our view is that that implication was already evident when Amazon elected to increase compensation to warehouse workers in order to retain more workers during the height of online commerce volumes.

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How Retailers in the US Can Step Up Their Delivery Game

Locus

This number is said to increase to almost 285 million in 2025. Delayed deliveries due to manual warehouse operations: Benjamin Franklin was right when he said that time is money. Warehouse operations such as manual sorting of packages can be extremely strenuous and lead to delayed deliveries. percent in North America in 2022.

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Global Ecommerce: Size, Growth & Where to Start [2022]

ShipBob

Goods are shipped from the country of origin to customers located in a different country, crossing international borders. trillion by 2025, according to eMarketer. As a result, the international shipping process can be very complicated. This allows merchants to expand their business to new markets and reach new customers.

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