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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. However, since buying goods manufactured primarily in Asia increased so significantly, demand quickly outpaced supply. But elevated freight rates have pushed costs to $4-5 per unit.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Supply Chain Matters highlights continued evidence that the U.S.

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Leading Inventory Attack Teams with Richard Lebovitz

The Logistics of Logistics

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

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The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. According to a recent report by Instawork, 60% of industrial businesses struggled to keep up with increased demand last year. Top Distributor Challenges: 1.

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A Guide to Ocean Freight

3PL Insights

There has been a lot of talk in the news and industry publications about the struggles facing the supply chain industry. Amidst all of these stories of shortages and bottlenecks, we thought it would be helpful to explain the basics of shipping ocean freight. What is Ocean Freight? Benefits of Ocean Freight.

Freight 98
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Modernizing MRO using AI with Paul Noble

The Logistics of Logistics

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. Industrial Distribution business unit. Reduces duplicate materials and centralizes inventory to improve efficiency and reduce costs.