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Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Mexico and Cross-border. into Mexico by truckload and the increase of CPG export products from Mexico to the U.S., Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas.

Letter from the CEO: Market Update April 23, 2020

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Carriers are starting to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). Shipping facilities are requiring all individuals including drivers to wear a face covering such as a scarf, neck gaiter, bandana, or other type of mask, surgical mask or dust mask upon entering. Mexico and Cross-Border. This past week, some states announced a mandatory shut down of manufacturing plants in Mexico until April 30.

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Letter from the CEO: Market Update May 21, 2020

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Carriers are continuing to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). Mexico and Cross-Border. Mexico border crossing restrictions for non-commercial, non-essential operations have been extended until further notice. and Mexico customs operations continue as usual with no schedule restrictions; minor delays with no major impact for airport and ocean clearances. Letter from the CEO: Market Update May 21, 2020.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. That might mean diverting from Los Angeles/Long Beach to Canada or Mexico. Work with your broker to see if you can get priority on unloading the ship and inland transport. Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years.

Global 216

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. The company is also focusing on freight savings, expanding its TMS to include more destinations and vendors, shipping more volume through a consolidated network (instead of direct to store) and working with suppliers on various savings strategies. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor.

Letter from the CEO: Market Update March 26, 2020

Transplace

Southern California: There were mega ships that were set to arrive over the weekend that were intended to take empty containers out of the ports and bring them back to China. Industrial and chemical sectors are maintaining seasonally expected shipping volumes as of this time. Mexico and Cross-border. Schools and universities are closed until April 20 and more companies in Mexico are asking employees to work from home. Letter from the CEO: Market Update March 26, 2020.