Remove Cargo Remove Freight Remove Sourcing Remove Ukraine
article thumbnail

Freight Invoice Facts to Know About Errors

Intelligent Audit

Often, the general public’s view of freight transportation is similar. The Bureau of Transportation Statistics reported that, “Freight shipped across the U.S. With so much money moving across the country and globe, supply chain professionals must prioritize a proficient freight invoice and payment processing system. .

Freight 52
article thumbnail

The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. Source: project44 Monthly report. ports of Los Angeles and Long Beach which saw their busiest March on record, handling a combined 898,287 TEU’s.

Insiders

Sign Up for our Newsletter

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

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

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

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

Supply Chain Matters

Part of this decrease may be attributed to temporary declining freight volumes as regions in Asia continue to deal with COVID-19 related suspensions of production, shipping or transport operations. The authors noted that it was unclear as to whether the conflict in Ukraine and associated disruptions to ocean shipping made for the difference.

article thumbnail

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

In this, the first of our supply chain news posts, you’ll find updates on the following current stories in global supply chain and logistics operations: The Ukraine war and its impact on global supply chains. The grain blockaded in Ukraine. Ukraine War and its Supply Chain Impact. A growing global warehouse capacity crunch.

article thumbnail

Interoceanic Passages

Abivin

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. meters in 2008 as opposed to 22.5

Panama 52