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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

During the first six months of 2021, North America, Asia and Europe saw marked growth in shipment volume, with the highest increase seen in May. In June, shipments were up by 32% and 33% for Asia and North America, respectively, compared to January 2021. Global ramifications of port congestion.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

In the spring of 2022, Asia/US ocean container rates resumed pre-pandemic levels and congestion eased in November 2022 into California ports. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. However, variability and global unrest is rising.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

So a backlog of ships off the coast of California means fewer empty containers heading back to Asia, which means fewer ships and containers available for exports, raising the cost to ship a container from Asia to Europe by 400% in November and December 2020. . Enter, a global container shortage. But then it got worse. .

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether. Conclusion.

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This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement. percent in Southern California and top markets experiencing double-digit rental growth, the industrial market continues to be challenging for tenants.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

There were floods in Europe and China, Hurricane Ida on the Gulf Coast, and California wildfires that all played their part. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea. Shipping costs have skyrocketed. There are labor shortages.