Remove Freight Remove Inventory Remove Logistics Remove Long Beach
article thumbnail

This Week in Logistics News (June 25 – July 1)

Logistics Viewpoints

And now on to this week’s logistics news. US port backups are extending into freight rail supply chains. Retail’s inventory glut means big business for liquidators. The backups stretch to major freight hubs including the key transit point at Chicago, freight executives say, where containers have been piling up at rail yards.

article thumbnail

What’s going on with global supply chains: A primer for the casual consumer

Freightos

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (January 22 – 28)

Logistics Viewpoints

And now on to this week’s logistics news. Built by Swedish freight technology company Einride, the Pod features a tall, glass window behind which the vehicle’s sensors can be placed high for maximum situational awareness and thus safer deployment. In true David Ortiz fashion, he went out on top. And now, he’s a Hall of Famer.

article thumbnail

One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)

Logistics Viewpoints

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. This is an 80% drop year on year drop. Many companies work to conserve cash by paying their vendors more slowly.

article thumbnail

Solving The Port Problem with Lauren Beagen

The Logistics of Logistics

gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight. The Logistics of Logistics Podcast. Check out The Logistics of Logistics on Youtube.

article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Freight Rates 2019-2021.

article thumbnail

“Why Do I have to Wait?” Supply Chain Disruption Gets Its Day

Logistics Viewpoints

The economy is picking up after the severe contraction in labor, productivity, and inventory that occurred during the height of the pandemic. Inventory, Efficiency, and the Extended Supply Chain. But the US ratio of total business inventories to sales is hovering at a 25-year low.