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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. kg China – N. kg China – 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. The increases are being felt far beyond the disrupted trade routes that link China with Europe and the U.S. And now on to this week’s logistics news. East Coast.

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

The Logistics & Supply Chain Management Society

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Relocating production from China. Operational strategies.

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What are the best Supply Chain Strategies for 2021

ivalua

When it comes to factors like access to labor, it becomes an improbable task to reproduce a labor market the size of say China or India. Materials like rare earth elements have a high concentration in Asia. The skills developed and the sheer size of the labor pool makes it improbable. Supply Chain Resilience vs Low-Cost Supply Chain.

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Businesses Responding to High Inflation and Supply Chain Inventory Concerns

Supply Chain Matters

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks.

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

After fairly stable pricing in the early months of COVID’s supply chain journey , the indicative spot rate to ship a forty foot container from China and East Asia to the US West Coast increased 14X from less than $1,500 per container pre-COVID to more than $20,000 in September 2021. percentage point increase in the CPI rate.

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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

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? In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers.