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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. A factory in Suzhou was the company’s main manufacturing site for its semiconductor test equipment, which it subcontracted to Flextronics.

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Logistics & Supply Chain Management Society (LSCMS), Supply and Distribution Group Launches Global Logistics Service Provider Benchmarking Index

The Logistics & Supply Chain Management Society

Singapore 12th August 2021: Recognising the heightened focus on overall supply chain performance due to increased disruption and challenges, shippers, manufacturers and beneficial cargo owners (BCO’s), are increasingly faced with soaring freights rates and what they, correctly or otherwise, perceive to be sub-standard or inferior service.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Port backlogs and cargo limitations are undermining efficiency while warehouse and storage space remain challenging.

Shipping 232
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How Manufacturers Can Restart or Ramp Up Operations Safely and Effectively

USC Consulting Group

This is particularly the case among manufacturers, many of whom were sidelined by COVID-19 due to labor shortages caused by layoffs and a number of workers falling ill from the virus. As early as February, roughly 60% of manufacturing firms in the U.S. As early as February, roughly 60% of manufacturing firms in the U.S.

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High freight costs for importers means higher price tags for consumers

Freightos

A Freightos survey of 300+ companies sheds light on how importers have been navigating supply chain disruptions. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. What’s changed in a year? When ocean container rates spike, so do the prices we pay. Let’s talk numbers.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. Take Conner, the manufacturer of FORT, a magnetic pillow fort.

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The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing

Logistics Viewpoints

A recent survey of global supply chain leaders suggests to me that the industry risks losing momentum. It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. Which brings us back to the work that is still ahead.