article thumbnail

Complex costs of transportation

Supply Chain Movement

A TMS with inventory allocation enables shippers to monitor shipments down to the package level. The location of any package that is part of an order can be traced; status information about time, quality, and relevant financial aspects all need to be recorded and monitored during transportation execution. Korea, Republic of.

article thumbnail

FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Such strong forecasts mean one inevitable outcome for global carriers—raising rates to stay competitive and deliver the growing volume of packages. According to eMarketer , global e-commerce retail sales will rise to $5.542 trillion this year and surpass $7.391 trillion by 2025. Virgin Islands). 15 All of Europe except Vatican City.