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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

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The State of Holiday Shipping & Learnings for Next Peak Season

Intelligent Audit

Understanding the state of holiday shipping and learnings for the next peak season means realizing that rates are always going to jump-start near Halloween. Air freight Is Rising. Air freight rates have been a major story throughout 2021. kg, according to the Freightos Air Freight Index. Ocean Freight Shortages Abound.

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7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

Transportation has followed the same evolutionary pattern, moving upstream from day-to-day freight transactions to an integral component of top-level corporate planning and procurement strategy. It is easy to understand why strategy is often set aside to meet immediate needs of getting product shipped out the door. Be demand driven.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Likewise, ships could not sail into or out of Russia and Ukraine. This was evident with the creation of a new report from the New York Federal Reserve. This metric, referred to as a “Frankenstat” due to its grand scope, has many critics. 5 The modal shift to air freight from ocean freight.

Russia 52
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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. Verify that invoices match the amount of items and cost of inventory shipped from your ecommerce warehouse.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Accenture ).

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86 billion metric tons as of 2017.