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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 age of globalization, using ocean freight to transport goods is increasingly important to emerging brands. In May 2023, shipping rates from Asia suddenly plummeted.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Shipping Routes: Clydebank Declaration. Signatories to the so-called Clydebank Declaration agreed to collaborate to support the creation of green shipping corridors between two or more port pairs. Carriers will be incentivised or obliged to service these maritime routes only with zero emission ships.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. Shipping costs have skyrocketed.

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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Hanjin's exit strands 89 ships worldwide containing some $14 billion worth of cargo, much of which was headed to the U.S. That means higher volumes, and likely higher freight rates, just when weather starts to turn ugly.

Idaho 70
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CAPS Conference: The Economist Projects What’s in Store for the Global Economy

NC State SCRC

Some of the supply constraints are also due to the destruction of key infrastructure in the Ukraine for shipping of these commodities. Some economies will have a “technical” recession in late 2022 and early 2023, which is negative GDP growth, but these are not true recessionary trends. War in Ukraine turns into global conflict.

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This Week in Logistics News (September 30 – October 4, 2013)

Talking Logistics

Retail stores become shipping hubs to battle Amazon ( USA Today ). Neiman Marcus goes to year-round free shipping ( USA Today ). Meanwhile, USA Today published an article highlighting how Walmart, Best Buy, and other “brick-and-mortar” retailers are moving quickly to enable ship-from-store capabilities.

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Seasoned Leadership in Action! An Interview with Leonard Han!

Supply Chain Game Changer

I moved on into many roles within the field of Supply Chain ending as Vice President of Operations for a Supply Chain company with experience working in Taiwan and China. The products were customized and shipped direct to store or consumers from China in what is now known as B2B and B2C models.