Remove 2019 Remove Freight Remove Sourcing
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High freight costs for importers means higher price tags for consumers

Freightos

You might not think about shipping containers and ocean freight when you click “buy” on your Amazon order, but there’s a direct connection between the two. Starting in July 2020, the impact of this trend became obvious when ocean freight prices shot up, and have continued rising. to $0.40, or about half a percent of the sticker price.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. Consumer Spending Shifts Will Continue To Impact The Truckload Freight Market. Rapid shifts in sourcing increased shipping spend and left routing guides useless for meeting demands.

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Trends 2019: Manufacturing

Enterra Insights

technologies that interact, communicate and create lakes of vital freight information is now entering the supply chain and these will be instrumental in bringing about the smart supply chain.”[2] In 2019, technology is becoming smarter, with the cloud, IoT, AI, and machine learning delivering instant intelligence. ”[4].

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Reports of Convoy Winding Down Digital Freight Business

Supply Chain Matters

Bloomberg, The Wall Street Journal and other industry specific media are reporting that Seattle based digital freight start-up services provider Convoy is preparing for a possible sale or other action. Both reports cite declining freight industry demand and increased competition among start-ups in this digital freight and logistics segment.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. But this spike put capacity on container ships at a premium, pushing freight rates way up as well.

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

But then global freight kicked in. . It really got tricky when we hadover thousands of unitsin production and were starting to book freight and suddenly realized that the cost of freight was almost 4 or 5X what we had budgeted. Take Conner, the manufacturer of FORT, a magnetic pillow fort. The results tell a mixed story. .

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This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Did you make any New Year’s Resolutions for 2019? There are five rides you can choose from this year: La Crosse, WI: August 8 – 11, 2019 Sonoma, CA: August 22 – 25, 2019 Saratoga Springs, NY: September 12 – 15, 2019 Amelia Island, FL: October 3 – 6, 2019 Death Valley, CA: October 17 – 20, 2019.