Remove Freight Remove Inventory Remove South Korea
article thumbnail

This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes.

article thumbnail

Build Resilient Supply Chains That Weather Disruptions 

Logility

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

South Korea Production Momentum Increase The S&P Global South Korea Manufacturing PMI® was headlined with “ factory orders increasing at the fastest pace since February 2022.” That stated, inventory pressures coupled with higher demand have reportedly led to lengthening lead times for the country’s manufacturers.

article thumbnail

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Deloitte Global).

article thumbnail

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US. The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes.

Panama 62
article thumbnail

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Jacobs in 2011.