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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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CAPS Conference: The Economist Projects What’s in Store for the Global Economy

NC State SCRC

Conflict erupts between China and Taiwan (Andrew said this is not likely, and I agree – see my previous blog ). The good news is that ocean freight rates will start trending down somewhat. War in Ukraine turns into global conflict. China’s zero COVID policy leads to severe recession. Cyberware erupts and shuts down supply chains.

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

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Deloitte Global).

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Planning for Uncertainty in the Supply Chain

Enterra Insights

The Normalcy Index calculated weekly by the Economist projects that North America is 67% of the way back to normalcy from COVID, but globally, it is lower at 50% with many flare-ups. Taiwan manufacturers 60% of global semiconductors. … Inflation is at a level not seen for fifty years.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Given that some Asian and South American countries have no compunction about continuing to do business with Russia, and that many companies in the West have trade relationships in Asia and South America, the sanctions have caught many Western companies’ supply chains in a stranglehold. But the problems don’t stop there.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

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Webinar Recap: The Case for a Pan-American Manufacturing Ecosystem

Resilinc

To create more secure, resilient, and cost-efficient supply chains for the future, firms and government agencies should invest to expand manufacturing and logistics infrastructure in Latin America. “We In Mexico and Central America, the median age is more than 10 years younger than in the U.S. manufacturing supply chain there.”.