article thumbnail

Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

More than 80% of goods – by volume – are moved by ocean freight globally, so shipping costs directly impact the price level of imported goods. These same goods account for about 20% of the items measured in the Consumer Price Index, or CPI. and 0.87% of consumer spending and between 0.5

article thumbnail

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. For the route from Asia to the West Coast of the U.S., to Asia are “going back empty.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Logistics Report: Forecasting More Shipping Delays; Cargo Swamps Airports; Alibaba’s Shifting Compet ition

Operations and Supply Chain Management

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. The supply-chain problems are helping drive stronger inflation, the WSJ’s Gwynn Guilford and Anthony DeBarros report , as rising transport and other logistics costs flow through to the cost of consumer goods. Nikkei Asia). View in web browser ›.

article thumbnail

The West Coast Bottleneck with Brian Rice

The Logistics of Logistics

Stuck at home during the pandemic, Americans decided to buy lots of consumer goods. The surge in ships arriving from Asia put West Coast ports under stress, which started in November and thus far has continued through into the summer months. Fear of COVID, 2.) Kids were home, 3.) Government checks.

article thumbnail

Are Global Supply Chains Recovering- One Perspective

Supply Chain Matters

We indicated in our commentary that August usually represents the global supply chain ramp-up for supporting Q3 and Q 4 holiday spending on consumer goods, gifts and seasonal merchandise. The second half of the year has traditionally been the busiest period in material, transportation and logistics flows. and Europe.

article thumbnail

Chinese Lockdowns and the Future of Supply Chains

Enterra Insights

Supply chain concerns, however, don’t focus solely on the movement of consumer goods. Journalist Eamon Barrett ( @Eamonbarrett88 ) reports, “According to shipping analytics firm Windward, 20% of the world’s roughly 9,000 active container ships are currently sitting in traffic jams outside congested ports.

article thumbnail

Doing Business in Singapore

QAD

Located in southeastern Asia between Malaysia and Indonesia, Singapore is made up of a series of islands. Singapore is also an oil trading hub for Asia. As an island nation, air transport of goods is nearly as important as water transport, and Singapore rises to the challenge. Singapore’s landmass is only 719 sq. Only about.7%

Singapore 114