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Containerized shipping joins modern financial world with CME futures

Freightos

The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity.

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort. In mid-2022 logistics costs began to recede, dropping almost 90% from May to December according to the Freightos Baltic Index’s China – East Coast (FBX03) and China to West Coast (FBX01).

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

Freightos

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. While the cure for COVID is well on its way, there is no vaccine for what’s afflicting container shipping. But that’s changed. Logistics is global.

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From Globalization to Glocalization

Enterra Insights

Going forward, companies will need to continue to navigate supply chain disruptions, China risk, and concerns about capital outlays in a rising interest-rate environment.”[2] Parallel changes have occurred in Xi Jinping’s China. Meanwhile, attempts to break free economically from China are likely to be partial, at best.”

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. You can hear the full interview with Conor in our podcast series, Ship Happens. . A 30% raise in costs wasn’t going to totally kill us.

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Retailers receiving inventories any which way they can

Cathy Roberson

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Currently, companies struggle with rolling electric outages in China. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Why We Cannot Get Inventory Right.