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What Are General Rate Increases in Shipping & What Should Enterprises Know?

Intelligent Audit

The GRI shipping term refers to the usual increase in fees that are applied to container shipping rates. To help your company keep total costs in check, this blog will dig into the fundamentals behind GRI shipping increases, what a GRI surcharge is and a few other things to know. What GRI Stands for in Shipping.

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Last-Mile Success - Closer and Faster

Cathy Roberson

Last-mile shipping costs have steadily increased along with a number of surcharges to support increased demand. Flexibility Rules A 2020 survey from consulting firm Deloitte found that 83% of consumers expect flexible shipping and fulfillment options like BOPIS. According to 3PL provider AFS, the cost per package increased 3.5%

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The Cost of Disaster

Elementum

million residents in Puerto Rico for more than three months, cost $90 billion, while Hurricane Irma, the most powerful Atlantic hurricane in recorded history, left 97 people dead and recorded losses of $50 billion. The wildfires have severely impacted shipping in the region.

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

Material Handling & Logistics

In a similar fashion, when Puerto Rico was struck by Hurricane Maria last year, the supply chain of two of the island’s most important industries—pharmaceuticals and medical devices—ground to a complete halt. How then can your business protect itself from the risks of such overwhelming supply chain disruptions?

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Following the devastation caused by Hurricane Maria in Puerto Rico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. West Coast Port Strike Disrupts Shipping Lanes. Case Studies. Hurricane Maria Disrupts the Pharma Industry.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Following the devastation caused by Hurricane Maria in Puerto Rico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. West Coast Port Strike Disrupts Shipping Lanes. Case Studies. Hurricane Maria Disrupts the Pharma Industry.

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This Week in Logistics News (April 3 – 9)

Logistics Viewpoints

We have also seen shortages of semiconductor chips , shipping containers, and even test monkeys (seriously). With eligibility requirements easing and vaccine supplies growing, Walmart is now administering vaccines in more than 3,800 stores and clubs across 48 states, Puerto Rico, and Washington, DC.