Freightos

JULY 22, 2021

But as consumer spending shifted from services to goods nearly a year ago, demand for ocean freight has consistently outpaced container ship capacity, pushing freight rates to record highs. . The post The Shipping Container Impact on Inflation appeared first on Freightos. With the total price inflation reaching 5.4%

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Logistics Viewpoints

OCTOBER 18, 2024

Do You Think Fedex Ships Live Pandas? This last week, FedEx furthered its commitment to the giant panada conversation, FedEx has completed its first-ever round trip transportation of six pandas between the US and China via two separate flights. China panda exchanges, which began in 1972. This move continues the tradition of U.S.-China

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Logistics Viewpoints

MAY 23, 2022

The world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.

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Logistics Viewpoints

OCTOBER 18, 2023

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. I also looked at changes in exports by the US, Europe, and China. However, China and the US were among the 8 countries where output increased.

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Freightos

FEBRUARY 28, 2022

The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX). We refined our data, limiting it to actual pricing used by logistics service providers to ship containers, to ensure validity.

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Freightos

JULY 30, 2024

Air rates – Freightos Air Index China – N. China – N. The storm sank a cargo ship off the coast of Taiwan and grounded several others. Europe prices (FBX11 Weekly) fell 1% to $8,369/FEU. Asia-Mediterranean prices (FBX13 Weekly) climbed 4% to $7,796/FEU. America weekly prices decreased 2% to $5.22/kg.

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Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Teradyne , a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. technology from helping China’s military.

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Logistics Viewpoints

JANUARY 22, 2024

This act is in response to the People’s Republic of China arbitrarily detaining more than one million Uyghurs and other Muslim minorities in China’s Xinjiang Uyghur Autonomous Region. Surprisingly, most of the goods seized did not originate in China but rather in Malaysia and Vietnam.

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Supply Chain Shaman

NOVEMBER 29, 2021

The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Rolling Electrical Outages in China. The issues with China refusing Australian coal and the dependency of China on coal for electricity for 65% of electrical supply. Government policies are rational.

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Freightos

SEPTEMBER 26, 2023

Air rates – Freightos Air Index China – N. kg China – N. A recent analysis suggests that some spending growth is on the types of goods , like video games, that don’t ship by ocean container – another factor in the relative disconnect between spending and freight. America weekly prices increased 4% to $4.41/kg

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Logistics Viewpoints

DECEMBER 4, 2024

Domestically-based supply chains are less prone to disruptions caused by foreign trade disputes, embargoes, or shipping delays. Companies no longer need to account for extended shipping durations or customs clearance delays. Faster lead times allow businesses to meet customer demands more efficiently, enhancing satisfaction.

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Supply Chain Shaman

NOVEMBER 29, 2021

The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. Rolling Electrical Outages in China. The issues with China refusing Australian coal and the dependency of China on coal for electricity for 65% of electrical supply. Government policies are rational.

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Freightos

APRIL 2, 2020

FreightRight is a small freight forwarder based in LA that has been posting value news updates, first from on the ground sources in China, and now with a good feel for what’s going on in air cargo, with a focus on how these developments are affecting SMBs and Amazon sellers.

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Freightos

JUNE 6, 2023

This was terrible news for a company now on the hook to ship to kids who were suddenly cooped up and hankering for a fort. In mid-2022 logistics costs began to recede, dropping almost 90% from May to December according to the Freightos Baltic Index’s China – East Coast (FBX03) and China to West Coast (FBX01).

Manufacturing Procurement 332

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Logistics Viewpoints

APRIL 21, 2023

raises $20M as it scales robot deliveries How friendshoring is impacting trade with China and the Far East Seagate to pay $300m settlement for violation of US export control laws Walmart is debuting the first North American 15-liter compressed natural gas engine, which is set to be incorporated into its private fleet.

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Logistics Viewpoints

JANUARY 26, 2024

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast. 18 to $3,860.

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Logistics Viewpoints

MAY 3, 2024

Amazon in the news: Amazon’s Prime orders are getting delivered faster and faster Hawaiian Airlines slowly adds freighters for Amazon business Walmart in-store AI is giving employees advice on how to sell products USPS delivery unit proposal sparks service, cost concerns for shipping partners White House earmarks $1.5B

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Logistics Viewpoints

AUGUST 13, 2021

China-US container shipping rates sail past $20,000 to record. Earlier this week, the USPS announced that it plans to charge more for packages shipped during the holidays, including those sent by individuals, to offset the rising cost of deliveries at the busiest time of the year. USPS proposes holiday surcharges.

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Freightos

SEPTEMBER 8, 2020

Shipping containers are like scotch. . But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Enter COVID-19.

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Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged.

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SCMDOJO

MARCH 22, 2023

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. Despite its efficiency, the volume of shipping along this route is negligible compared to the other two options.

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Freightos

SEPTEMBER 11, 2015

So obviously, being freight rate nerds, we got to wondering: How much would the logistics of shipping the iPhone 6s from China to the U.S. And finally, if it were possible for you or me to order directly from the factory, our freight costs – more like express shipping costs – would be about $34. cost Apple?

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

But decisions about how many barrels to produce or how many ships to sail have to be made in advance. As ocean carriers were just signing checks to build massive ships, the global financial crises hit and shipment volumes sunk like a Led Zeppelin. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old.

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Logistics Viewpoints

NOVEMBER 18, 2024

These facilities produce and ship 150,000 order lines per day. Rather than shipping directly from a factory or a distribution center to a different region, they shipped to a port hub where shipments from a region could be consolidated, allowing them to build fuller ocean containers and ship fewer loads.

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Freightos

FEBRUARY 16, 2020

The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk. The (Digital) Rise of SMBs. Coronavirus Impact. million freight containers each year.

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Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. Economists are beginning to speak of “immaculate disinflation.”

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

are reporting that they are being inundated with requests from importers seeking to use provisions such as the “321 de minimis” rule, which allows goods worth less than $800 to be shipped to the U.S. Relocating production from China. For instance, law firms and consultants in the U.S. without being subject to tariffs.

Cost Reduction Strategies 245

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Freightos

APRIL 24, 2016

The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry. Category Key.

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Supply Chain Brain

AUGUST 1, 2022

and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains. The standoff between the U.S.

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The Logistics of Logistics

AUGUST 22, 2022

In his role Peter leads The Journal of Commerce, the historic New York City maritime newspaper founded in 1827, today a team of specialized business journalists focused on the end-to-end international shipping supply chain including shipping, ports, airfreight, trucking, rail and home delivery, addressed to the needs of shippers.

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Logistics Viewpoints

DECEMBER 1, 2023

In other Walmart news, the company is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain. Walmart shipped one quarter of its U.S. To be sure, China is still Walmart’s biggest country for importing goods.

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The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

The sector took a seat at the table and participated in concrete initiatives, like the two zero (2Zs) emission initiatives, namely the Global MOU for ZE-MHDVs for zero emission new vehicle sales and the Clydebank Declaration for specific zero emission maritime shipping corridors. This comes very naturally.

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Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

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The Logistics & Supply Chain Management Society

MARCH 22, 2022

I’m not talking about how shipping and logistics are key in keeping the supply chain connected during global health crises so we can keep essential supplies like medicine, food, and toilet paper moving. So how did an African pangolin end up in a food market in China? How Shipping Can Help Save The Planet. MORE FROM THIS EDITION.

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The Logistics of Logistics

MARCH 8, 2023

Sean is a bilingual start-up veteran who’s worked in China with the Beijing Silicon Valley Group, leading the logistical planning of multiple joint ventures. After gaining vital international experience in manufacturing and transpacific shipping, he took on a variety of roles back in the U.S.

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Supply Chain Shaman

MARCH 21, 2022

Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China. The rise in COVID in China and war injuries will strip the world of medical/surgical supplies. As the price for ocean freight increased in 2021, more and more goods moved from China to Europe by rail through Russia.

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