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October 25, 2023 Update

Freightos

Visit our Resource Center Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 3% to $1,499/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 4% to $2,141/FEU. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,400/FEU. Asia – N.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions.

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

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. Use analytics to put your available inventory to the best use. Incorporate production planning to adapt to supply disruptions.

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January 30, 2024 Update

Freightos

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 21% to $6,152/FEU.

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Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

Sustainability is definitely coming of age in Asia. In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Making Asia a Leader – One Green Initiative at a Time.