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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The container crisis affects all companies that need to ship goods. KEY POINTS.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

Analysts from Winnesota Regional Transportation assert, “From dispute resolution to administrative efficiency and order tracking, blockchain has the answer to the problems that have been plaguing the transportation industry for decades.”[2] “Cargo Volume often defines the cost of shipping freight.