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

Logistics Viewpoints

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. technology from helping China’s military.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

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Navigating Uncharted Waters: Out of the Fort and Into the Moat

Freightos

The Initial Hurdle: 2021’ Freight Fiasco During the COVID-19 pandemic, Conor from Fort Toys , like many other entrepreneurs, found himself dealing with skyrocketing demand… and skyrocketing freight costs. to 0.85 (Source: ShipBob ). One of the most prominent shifts has been sourcing patterns. The key takeaway?

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for.

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Are Ocean Freight Prices Absolutely Broken?

Freightos

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing $4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? It worked. .

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Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

And the lack of demand visibility is a big contributor to China-US ocean freight rates doubling to the West Coast since June, and passing USD4,000/FEU to the East Coast – which was surprising as most analysts thought that rates and profits would freefall. Is ocean freight pricing broken? Was it profiteering? And it can be fixed.