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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings. The alliance was formed in 2014 and covers major shipping routes between Asia, Europe, and North America.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. FedEx also plans to test autonomous drone cargo delivery, partnering with Elroy Air. Ongoing global supply chain disruptions have many companies shifting supply chain strategies.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Companies may decide to prioritize on one segment of visibility over the others and deploy different strategies or programmes to manage the visibility of each scope.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Just last year many were chartering their own cargo ships to get all these goods to their destinations.) By integrating order data, load information across modes, yard shipments and the like, internal departments can turn to a single source of the truth and more accurately manage various aspects of the lifecycle.

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

ToolsGroup

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

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When it Comes to Ocean Shipping, We Have to See Beyond Today’s Squalls and Plan for the Long Term

Logistics Viewpoints

Likewise, labor can’t do its thing when there are severe equipment shortages, and rectifying those shortages requires difficult-to-source raw materials. It was recently reported that one of the world’s biggest container logistics companies, Maersk, will only handle cargo from direct shippers, cutting out freight forwarders.

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Retailers receiving inventories any which way they can

Cathy Roberson

Expanding and shifting sourcing Earlier this year, a number of retailers told analysts that they had expanded their sourcing partners to diversify inventories and mitigate risks. Floor & Decor is one of the latest retailers to diversify its countries of origin by moving a large portion of sourcing out of China.