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Ocean Freight: Key Trends & Planning For Peak Season 2023

Ware2Go

See the latest insights on ocean freight rates and other trends that fast-growing businesses should know about to plan for 2023 peak season. In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates?

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From Globalization to Glocalization

Enterra Insights

But as the costs of transportation increase, the length of supply lines is beginning to decrease. The causes are myriad, including rising labor costs, geopolitical considerations, rising transportation costs, and increased risks of supply chain disruptions. As a result, globalization is beginning to look more like regionalization.”[1]

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

The price of container freight rates surged while the entire world was having to deal with delays. Japan and Taiwan have earthquakes often, and they both are some of the leading suppliers of microchips. Delays Delays happen when ships are involved, or even when a vehicle transport company is involved like A1 Auto Transport.

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Federal Reserve GSPI Index Drops Significantly in April

Supply Chain Matters

This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The authors further observed that there was a notable upward contribution from Taiwan stocks of purchases. characterized as the lowest reported reading in this index’s history.

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From Taiwan to the U.S.—Duty-free

3PL Insights

About half of the 132 containers filled with tires, were en route from Taiwan, headed to the East and West coast ports. “We The Evans transportation team went into high gear to redirect the containers to Detroit all while keeping the proper documentation to maintain FTZ status. The post From Taiwan to the U.S.—Duty-free

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Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions.

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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. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,