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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Next Steps. Next Steps.

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[e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017

GlobalTranz

“The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed?” – Steve Banker from a recent Forbes article. The reality is that the speed at which the supply chain & logistics industries are changing are breathtaking.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? It worked. .

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months. Bank Freight Payment Index. Bureau of Labor Statistics.

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering?

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Should We Celebrate this Marriage?

Supply Chain Shaman

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. in to transportation management to drive routing information and booking optimization). Using the same footprints, the industry moved client/server to the cloud and started the processes of consolidation.