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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

GLOBAL TRADE NEWS Xeneta , an ocean and air freight rate benchmarking and market analytics platform provider, investigated how growing geopolitical divisions are manifesting in a shift away from manufacturing in China, and an increase in friendshoring. In percentage terms, Vietnam’s exports grew the most.

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Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

Escalating freight rates and severe capacity crunch. Air freight rates have sky-rocketed to 7-10 times higher during Covid-19. These new air freight rates will come down but will remain at a significantly higher percentage to pre-Covid-19 rates. This effect is caused by a loss in global air freight capacities.

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Many multinationals have engineered their global supply chains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively.

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Addressing the Talent Gap in Logistics and Supply Chain

The Logistics & Supply Chain Management Society

An effective analysis of talent gaps aids in sustainable, strategic talent mapping for short-term and long-term needs. • At an individual level – the analysis of the talent gap helps job seekers to enhance their employability through identifying the requirements of skilling, reskilling and upskilling. MORE FROM THIS EDITION.

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6 Questions to Ask Your Recovery Audit Company Before Hiring

TransAudit

How Long Has the Freight Audit Company Been In Business? The company’s ability to remain in business usually speaks to its proven ability to audit freight bills and recover lost profits. This is key because technology is the starting point for any freight bill or accounts payable recovery audit.

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ShipChain Wins Blockchain Innovation Award at #DataccioConnect Singapore

Shipchain

This past November, ShipChain was honored to win the Blockchain Innovation Award at #DataccioConnect Singapore. The solution came about after extensive research and gap analysis in the current supply chain. . ” The post ShipChain Wins Blockchain Innovation Award at #DataccioConnect Singapore appeared first on ShipChain Blog.

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The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.