Remove Cargo Remove Freight Remove Global Transportation Remove Manufacturing Procurement
article thumbnail

Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key global transportation and logistics indices. That compares to $9,279.46 per 40-foot container reported at the end of February. US Logistics Index.

article thumbnail

Resilinc’s Q1 2023 Supply Chain Disruption Data

Resilinc

Labor and Transportation Disruptions are Up Resilinc data shows labor disruptions were up 107% year-over-year. Faced with inflation, layoffs, and long hours, transportation employees are taking action in the form of strikes and protests. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

Report 52
article thumbnail

Market Update: Transportation Industry News

CH Robinson Transportfolio

According to the Bureau of Economic Analysis, consumer purchases, manufacturing, housing, and exports contributed to a 4% increase in GDP in the second quarter, following a 2.1% While that number is a bit disappointing, there was a whopping 14% increase in purchases of durable goods, and non-durable goods increased 1.9%.

article thumbnail

This Week in Logistics News (March 13 – 19)

Logistics Viewpoints

Washington farm exports crimped by cargo-container shortage. With the third vaccine authorized, these manufacturers are pressing for more companies to be authorized to ship the vaccine. Global transportation is at the forefront of sustainability efforts. HelloFresh boxes sustainability.

article thumbnail

Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Four

Supply Chain Matters

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. billion relative to its initial 2023 business plan.

article thumbnail

U.S. West Coast Dockworkers Enacting Multi-Day Job Actions

Supply Chain Matters

The most significant news in global transportation and logistics circles late last week and this week are U.S. But shipping industry sources now indicate that negotiations deteriorated last week over the scope of expected dockworker wage increases. The existing labor contract expired on July 1, 2022.