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Home Container rates surging as shippers rush ahead of deadlines – June 10, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Asia-Mediterranean prices (FBX13 Weekly) increased 32% to $4,285/FEU. America weekly prices fell 1% to $5.27/kg.
Leading organizations are building supply chains that are less exposed to single points of failure, more informed by real-time data, and more able to adjust sourcing, inventory, and routing based on current conditions. The Shift Toward Resilience The strategic conversation is beginning to shift.
During the early phases of the COVID-19 pandemic, sectors such as automotive, electronics, and consumer goods experienced severe disruptions due to factory shutdowns and shipping constraints, primarily because of dependence on suppliers concentrated in Asia.
These platforms are proving to be true information technology disruptors. In response, a new generation of digital supply chain technologies has emerged, centered around a network-based architecture and powered by artificial intelligence (AI) and machine learning (ML).
Tariffs are reshaping sourcing strategies, forcing tech upgrades, and making inventory planning a lot more complicated. For global businesses relying on real-time logistics and lean inventory models, the question is how prepared is your supply chain when tariffs hit? How Do Tariffs Affect Supply Chains?
It’s a natural fit for an environment built on orchestration across vendors, partners, inventory, and data. Imagine an AI agent that notices a port delay in Asia. Immediately, the agent reoptimizes inventory routes in North America and updates the customer in Europe all without human involvement. Then comes augmentation.
In fact, Deloitte’s Future of Freight Report found that 62% of United States manufacturers have begun the process of shifting from suppliers in Asia to suppliers based in closer-proximity markets. Optimize inventory management. for use in offshore production. Strengthen collaboration with suppliers and contract manufacturers.
Businesses must also consider the ripple effects on their inventory strategy; any change of supplier will change lead times. They executed via reactive decisions such as re-deploying inventory ahead of tariffs or modifying production schedules. Most organizations reacted with a “situation room” mentality.
In the latter case, a published report by Nikkei Asia highlighted BYD ’s announcement of discounts up to 34 percent on 22 of this maker’s plug-in and EV models up until the end of June. The end result was noted as being multiple years of inventory overhang with impacts on financial performance.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. This in the second half of 2024, businesses front-ended added inventory purchases to mitigate higher costs of goods. percent in inventory storage and carrying costs, and 2.8 percent to $2.58
naming the Asia-Pacific (APAC) region as the highest-risk area worldwide. Disconnected APAC supply chains create challenges In the Asia-Pacific region, companies operate in diverse markets with different regulations, varying levels of digital maturity and cultural complexities.
We are expanding into new countries, Asia as well as the Western Hemisphere, but I think it's important to note that we're also exploring opportunities here in the U.S. Let me start by sharing some additional information on our sourcing structure into the U.S. So going back to 2017, we were 60% coming out of China.
Every stage of the oil and gas lifecycle—from exploration to distribution—impacts logistics, inventory management, and market responsiveness, setting a benchmark for operational efficiency across industries. These practices are often informed by past experiences and continuous improvement initiatives.
When Lulu Hypermarket expanded across the Middle East and Asia , its dependence on manual route planning revealed major inefficiencies such as delays, poor fleet utilization, and rising last-mile delivery costs. The core issue was the inability to adjust routes dynamically as the delivery network expanded. But Lulu is not alone.
Supply chain is focused on cost and inventory. Because now, the information just comes to you.” Inventory accumulates. Self-learning models now detect whether inaccurate forecasting, overproduction, or incorrect safety stock policies caused the excess inventory. Sales is focused on revenue growth. Forecasts are missed.
Amazon offers Fulfilled by Amazon (FBA) services where Amazon will store your inventory in its warehouses and fulfill orders for you. ShipBob simplifies Etsy fulfillment with custom solutions to handle your unique inventory and shipping needs. Advanced advertising tools help you get your products in front of the right people.
The scope of transformation spans forecasting, replenishment, inventory, supply, capacity planning, and master production scheduling. KPIs and value targets informed every major design choice, and key design decisions were prioritized based on their expected impact. We kept asking ourselves, what value will this bring?
Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. A lack of understanding can lead to misdirected shipments, sitting containers, or wasted inventory.
With 17 production sites across Europe, North America, North Africa, and Asia, Asteelflash needed an ERP system that could support both its decentralized structure and ambitious five-year goal to double revenue. Following a successful upgrade to QAD Adaptive ERP completed within a strict deadline, AmSafe achieved: An 87.5%
Late last month, the CEOs of Walmart, Target, and Home Depot met with President Donald Trump to deliver a stark warning: Store shelves could be noticeably emptier within a weeks, as inventories disappear and cannot be restocked. As we navigate these uncertain times, it’s essential to stay informed and prepared for the challenges ahead.
Ongoing disruptions in the Middle East are driving up supply chain costs across energy, transportation, insurance, inventory, and technology. Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Supply Chain Digest Says. What do you say?
Drewry notes that transpacific rates from Asia to the US West Coast have been especially volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand. Blaine Inventory Specialist, Syncron Posted on: Nov, 16 2016 Lora, great article! The major focus of logistics is on e-commerce.
These brands will likely rapidly move their inventory in the U.S., We rapidly repositioned inventory from Canada into the U.S. We closely monitor impending or possible government changes to stay informed and prepared for changes before they even hit front-page news. Shifting inventory closer to your U.S.
In addition to requirements of data transparency, security and inventory management, Veoneer needed a fast and reliable implementation and thats precisely what they got. With offices in Europe, Asia, the U.S. ANCA needed a process for a single source of information that the company and their suppliers could rely on.
Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $3,399/FEU. Those with inventories elevated from frontloading may not return to typical booking patterns until necessary. Asia – US West Coast rates hit a peak of $6,000/FEU by mid-June but by mid-July had fallen back to April and early May levels of about $2,300/FEU.
Home April 16, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 10% to $2,465/FEU. The overall Asia – N.
There’s no record of who owns or controls the PPR Mundial YouTube channel (with 210,000 subscribers), although it purports to “offer in-depth coverage of major economic developments and geopolitical dynamics across the Americas, Europe, and the Asia-Pacific region.” NAFTA and its successor CUSMA have been beneficial for both Canada, the U.S.
This week: Experts say US tariffs negatively impact businesses, consumers; CTPAT Informational Conference draws over 400 in Laredo; and TP Trucking and Logistics opens transload facility in Texas. and her product was caught at a port in China port … $11,000, $12,000 worth of inventory,” Canavati said. CBP officer Gustavo C.
Many were doing light repairs to product that had come into the DC from Asia with quality issues. The weekend before the scheduled go live, we did physical inventory, and there were some system problems. I never fully understood what happened, but somehow in the tiredness and stress, the inventory file had been blown away. (at
Ex-Asia container rates tripled from December to January/February up to nearly $5,000/FEU to the US West Coast and $5,500/FEU to Europe as the start of the crisis coincided with the seasonal demand increase ahead of Lunar New Year. Stay informed every single week with our free weekly freight update.
In this role he supported the different businesses (12 in Europe and 11 in Asia) for all aspects of the Supply Chain; but Peter did not have direct Asia Sourcing/manufacturing accountability. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. Operating Margin.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU. China – N.
trillion distortion inventory problem. Trillion Inventory Distortion Problem In this podcast, Karl Swensen, CEO and Co-founder of Pull Logic, discusses how their AI-enabled technology helps retailers, brands, and manufacturers reduce lost sales by addressing supply chain and selling process failure points. Summary: Solving the $1.8
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. April 29, 2025 Blog Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 1% to $2,328/FEU.
With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5
Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Establishing policies within the system ensures efficient inventory management.
Presenters: Dr Chris Holmes , Managing Director, IDC Insights Asia Pacific. Stephanie Krishnan , Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific. the role of big data and small in facilitating information, financial, and product flows. IDC Supply Chain FutureScape Webinar. About the Author.
consultation firm, runs four ‘Logistics Briefing’ newsletters: Global, Americas, Asia/Pacific and Mergers & Acquisitions. The JOC newsletter spans the globe, providing information targeted at carriers, shippers and forwarders. Transport Intelligence, the well-respected U.K. Weekly/Monthly. Ti_Research. joc_updates.
It is these factors that must be considered in with regards to this group and how you present information to them. In the past, the logistics industry’s growth was driven by Asia to Europe and Asia to North America exports. They are confident, able to multi-task, tech savvy and expect instant gratification. Patterns of Growth
Nearly three quarters (73%) of economists surveyed as part of the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023 believed that south Asia – especially India – would benefit from recent turbulence in the global economy.
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. AI and ML will take the supply chain to the next level.
An agile supply chain has dynamic and adaptive capabilities, such as information, communication, coordination, and collaboration, that enable it to sense, analyze, and act on disruptions. The port serves as a gateway for exporting coal to Europe, Asia, and South America, as well as importing coal from Canada and Colombia.
Globally, natural catastrophes are the top concern for businesses in East Asia and the Pacific. Other companies have lost intellectual property or customer information and have not found out until the damage was done. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels.
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