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Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update W50

Freightos

Air Freight Rates Peak, Ocean Rates Slowly Sink: Freight Rate Update Wk 50. Beyond bad weather and peak season, there are several other contributing factors for the air freight increase, including brisker world trade, burgeoning cross-border e-commerce, and air freight growth for several non-retail sectors.

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Freight Audit: 10 Freight Invoice Considerations Impacting Spend

Intelligent Audit

While traditionally these programs are called freight audits, it isn’t solely about LTL or FT. While each shipping mode presents more complexity for managing the freight audit , having a single validated source of truth across your supply chain opens up endless possibilities for shipment and cost optimization. Consider this.

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Examples of this include expediting with LTL and air freight and costly in-network transfers from warehouse to warehouse–all of which erode profit margins. Being able to understand if supply expected from Europe needs to be re-routed and sourced from Asia or South America is important when entire channels become unavailable.

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Investing in regional supply chains

Resilinc

Central and South America have the young workforce that can staff the ecosystem of cost-effective suppliers U.S. The investment reflects Parkdale’s assessment that brands and retailers want to redesign their sourcing strategies to mitigate the supply chain disruptions that became so formidable during the pandemic. supply chains.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond. Source: project44 Monthly report.

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U.S. West Coast Dockworkers Enacting Multi-Day Job Actions

Supply Chain Matters

But shipping industry sources now indicate that negotiations deteriorated last week over the scope of expected dockworker wage increases. freight and logistics sector in in a condition of contractionary recession , that adds to demands for higher worker compensation. Further, as we indicated in a prior commentary, the U.S.

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This Week in Logistics News (January 2-6, 2017)

Talking Logistics

Uber Freight Just Launched and Trucking Will Never Be the Same (Inverse). October 2016 North American Freight Numbers. and South America, collects, cleanses and commercializes logistics trade data from over 50 nations across 5 continents, including key markets in North America, Latin America, Asia, Africa, and the European Union.