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What’s going on with global supply chains: A primer for the casual consumer

Freightos

Disclaimer: This article is a zoom out for the less freight-inclined. If you have a deeper understanding of freight, you might want to check out our Freightos Baltic Index daily container index instead. Let’s talk freight. . And it’s not just ocean freight. More freight costs, higher consumer costs.

Global 411
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One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing)

Logistics Viewpoints

But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of Long Beach in 24 months —a rate of $3,500 to move a 40-foot container. This is an 80% drop year on year drop.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. market,” UPS Chief Executive Carol Tomé said in announcing the agreement Monday.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers.

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When The Chickens Come Home To Roost

Supply Chain Shaman

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.

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2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

We’re currently seeing a major paradigm shift away from mass manufacturing with long lead times being replaced by onshore and nearshore supply chains that are capable of manufacturing, distributing and fulfilling orders on-demand without the friction of ocean freight, labor shortages, and other bottlenecks.” – Alex Phelan, CEO, Merchadise.

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“Why Do I have to Wait?” Supply Chain Disruption Gets Its Day

Logistics Viewpoints

Source: Descartes Datamyne. The Marine Exchange of Southern California has stated on its Twitter page @MXSOCAL ship report a number of records at the Port of LA/Long Beach. The Cass Freight Index for Expenditures showed 42 percent year-over-year growth in August (from a combination of rates and volumes).