article thumbnail

Conquering the world with shoes

Cathy Roberson

Current inventories are not able to keep up with the pent-up demand that is driving the desire for the latest shoe fashion as consumers return to work, shopping in stores, and to social activities such as concerts, parties, and travel. In fact, it appears that low inventories are here to stay for many of the retailers. In 2020, 1.9

article thumbnail

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

A massive El Niño occurred in 1997-1998, unleashing record rains in California, deadly tornados in Florida, and a brutal drought in Indonesia, thus landing the term firmly on the radar (no pun intended) of millions of people around the globe. Assess Inventory Positions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

In the past year alone wildfires have ravaged California, multiple hurricanes have hit South America, and Indonesia has been rocked by a deadly earthquake and tsunami that caused thousands of fatalities. To put it simply, context matters.

article thumbnail

Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

However, the announcement should not have come as a surprise, as the ocean cargo market has been suffering for some time by a condition of overcapacity, low rates, and a flat global market. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.

article thumbnail

Supply Chain Risks Come from All Sides

Material Handling & Logistics

cargo ship Peak Pegasus made its way toward the port of Dalian with a load of soybeans. The Peak Pegasus and its $20 million cargo of soybeans continued to drift off the Chinese coast until mid-August , at a cost of about $12,500 each day it sat idle. Many watched as the U.S. Streamlining Processes. But those costs eventually go up.

article thumbnail

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

As many shippers front-loaded inventory in the second half of 2018—especially the fourth quarter—to avoid potential tariff increases, the market saw drastic volume increases beyond what we’ve come to expect from years’ past. Higher inventories to avoid tariffs. However, this year CNY volumes were not as strong as previous years.