ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Accenture ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Freightos

MARCH 10, 2016

Transpacific Shipping in 2016. overtaking South Korea at 2nd spot for Asian supplier of containerized goods to U.S ( from IHS ). Drewry did the math, and despite last-ditch carrier attempts with cancelled sailings and increased idling of ships, lower ship loads will continue through 2016. Empty containers.

Price Reduction 120

Price Reduction Cost Reduction Strategies South Korea Conference 120

Intelligent Audit

JANUARY 27, 2022

However, that initial online connection immediately increases the chances that the customer will make a purchase, which again extends the demands for transportation and shipping. Shippers need to understand these fees, also available in full detail here , and how they emphasize the value of a single source of truth for shipping data.

Purchasing Skills 52

Purchasing Skills Supply and Demand Negotiating Skills South Korea 52

Intelligent Audit

JANUARY 27, 2022

However, that initial online connection immediately increases the chances that the customer will make a purchase, which again extends the demands for transportation and shipping. Shippers need to understand these fees, also available in full detail here , and how they emphasize the value of a single source of truth for shipping data. .

Purchasing Skills 52

Purchasing Skills Supply and Demand Negotiating Skills South Korea 52

Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

6 River Systems

JULY 29, 2020

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.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Logistics Bureau

MARCH 9, 2020

The effects include: Severe disruption to shipping, with many Chinese ports operating at drastically reduced capacity and around 200 sailings cancelled. South Korea, $28.7 Unpredictable levels of domestic and international shipping capacity. A dip in demand for iron and coal, as factories in China fall idle. China, $ 71.3

Australia 76

Australia South Korea United Kingdom Japan 76

QAD

SEPTEMBER 8, 2020

The country moves over 2 billion mt-km of freight per year. . It’s merchant marine includes more than 1,700 vessels, including bulk carriers, container ships, general cargo ships and oil tankers. The primary import partners were China, Singapore, US, Japan, Thailand, South Korea and Indonesia. Political Landscape.

Malaysia 97

Malaysia Thailand Indonesia Singapore 97

Logistics Bureau

APRIL 2, 2020

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Ocean Freight. Air Freight. Ocean Freight. percent from February 2019.

China 53

China Los Angeles Australia Europe 53

Talking Logistics

SEPTEMBER 16, 2016

bound ship is being held ‘hostage’ (Reuters). New Transport Mode to Redefine Freight Movement. July 2016 Freight Transportation Services Index (TSI). Of the remainder, 37 had yet to unload and planned to return to Korea, and 24 had unloaded in Korea and elsewhere, the ministry said.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Kansas City Supply Chain Planning Software Modeling 100

NC State SCRC

SEPTEMBER 9, 2016

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! ordered Hanjin to keep vessels in the U.S.

South Korea 40

South Korea Cargo Thailand Indonesia 40

CH Robinson Transportfolio

MARCH 14, 2020

and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due to disruptions or closures at any ports. Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Supply Chain Game Changer

FEBRUARY 27, 2019

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Logistics Bureau

MARCH 19, 2020

These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Aera Technology

NOVEMBER 22, 2016

Consider the recent bankruptcy of one of the world’s largest marine shipping companies – South Korea’s Hanjin Shipping Co. “At least eight Hanjin ships have been seized as of Friday. . “At least eight Hanjin ships have been seized as of Friday.

Pharmaceutical 53

Pharmaceutical Supply Chain Software Supply Chain Optimization South Korea 53

Supply Chain Movement

JUNE 30, 2015

From there the pushchairs are shipped to local DCs in China, Japan and South Korea for crossdocking and transport to retailers. We’ve been producing this equipment in China since 2008 and for many years we shipped everything as air freight from Suzhou to our global DC in Europe.

China 60

China Distribution Inventory Reduction DC 60

CH Robinson Transportfolio

NOVEMBER 3, 2015

Most imports come from Europe, Association of Southeast Asian Nations (ASEAN), South Korea, Japan, and United States, respectively, based on import value. Requirements for importing goods to China are stringent, and not all logistics providers will have the capabilities to ship where your products are going. Source: [link] ).

China 34

China Global Negotiating Skills North America 34

Logistics Viewpoints

OCTOBER 27, 2023

A notable achievement at the port is the electrification of 89 out of 91 ship-to-shore and rail-mounted gantry cranes. In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation.

South Korea 251

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 251

QAD

SEPTEMBER 3, 2019

Japan is known throughout the world as one of the best sources for technology products and automobiles, so it makes sense that top industries include motor vehicles and electronic equipment as well as machine tools, steel and nonferrous metals, ships, chemicals, textiles and processed foods. . China, South Korea, Hong Kong and Thailand.

Japan 21

Japan Manufacturing Procurement South Korea Saudi Arabia 21

Abivin

DECEMBER 5, 2022

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.

Panama 52

Panama Egypt Asia Israel 52

All Things Supply Chain

DECEMBER 16, 2022

Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…

Supply Chain 98

Supply Chain Warehousing Manufacturing South Korea 98

Freightos

NOVEMBER 14, 2016

It’s Mind-Bogglingly Cheap to Ship To China. Supply and demand on US-China exports, combined with historically low freight prices, meant that, shipping a 40′ foot container from the Port of Long Beach to the Port of Shenzhen costs less than the price of a mid-range MacBook. market share in China.

Long Beach 120

Long Beach China South Korea Chicago 120

6 River Systems

SEPTEMBER 17, 2019

Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

Logility

DECEMBER 20, 2022

A surplus of ships is likely 3. We expect shipping costs to drop in 2023 as we see a rush of new vessels next year. That could make container rates lower and cause shipping costs to drop. Labor issues raised many challenges in 2022, and the outlook remains unsteady, especially in the shipping industry, as we head into 2023.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

Intelligent Audit

NOVEMBER 14, 2022

As Denmark-based carrier Maersk looks to expand air cargo capabilities around the globe, North American airports see increased investment from the multimodal shipping giant. to Incheon Airport in South Korea to connect the Southeastern U.S. Freight Rail Labor Action Could Occur by Late November. Air Cargo Capabilities.

Resource Reduction 52

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Shipping 52

ThroughPut

MARCH 20, 2020

As of right now, top lines have been essentially wiped out for industries like air transportation, freight, gastronomy, tourism, travel, and many more. These are uncertain times for businesses that are used to having cash flow, steady top lines, and predictable bottom lines. Expected output gains: Intangible. So there you have it.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Optimization Software Forecasting Software 52

CH Robinson Transportfolio

AUGUST 14, 2019

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Normally, we see a rush in ocean shipping just before the Chinese New Year (CNY). However, nothing has been typical in the last few years with ocean carriers.

Forecasting 34

Forecasting Panama South Korea United States 34

QAD

NOVEMBER 10, 2020

South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by North Korea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea. Manufacturing in South Korea.

South Korea 98

South Korea North Korea Saudi Arabia Japan 98

EMERGE App

DECEMBER 14, 2018

In Japan and South Korea, it’s the LINE messaging app. And for Europe and South-East Asia, it’s definitely WhatsApp. For exporters, calculating CBM and printing packing lists are a necessary but tedious step in the shipping process. Use barcode technology to dispatch your products before shipping them out.

Optimal Sourcing 45

Optimal Sourcing Currency Purchasing Skills Inventory Management Software 45

Intelligent Audit

MARCH 7, 2022

It’s impossible to paint the new international shipping surcharges with the broad strokes of the past, and shippers need to know exactly what to expect and what countries are affected. FedEx Express International Shipping Surcharges. APAC Outbound International Shipping Surcharges. per pound or $1.50 per kilogram. per kilogram.

Papua New Guinea 52

Papua New Guinea Marshall Islands Samoa Puerto Rico 52

Resilinc

JULY 20, 2021

Closer proximity—as compared to Asia—alone could reduce shipping times and inventory costs, as well as the greenhouse gas emissions from ocean and air freight, according to the three. “We’re spending billions to [secure the border] while a lack of labor is shutting down growth opportunities in America.”.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Mexico 62

Logistics Viewpoints

MAY 10, 2024

Each has the capacity to receive general merchandise items from suppliers in smaller freight loads, known in the industry as less-than-truckload (LTL), and consolidate them into larger freight loads known as truckloads (TL). In addition to Cosco, global ocean carriers Mediterranean Shipping Co. 1 in trade with the U.S.

Logistics Network Optimization Software 252

Logistics Network Optimization Software Mexico Minnesota Logistics 252

Logistics Viewpoints

JUNE 17, 2022

Truckers strike in Korea roils shipments from steel to autos. US House passes ocean shipping bill to allay export backlogs. An escalating strike by truck drivers in South Korea is adding more disruption to global supply chains, from a slowdown at the country’s ports to production halts at auto factories.

Logistics Network Optimization Software 225

Logistics Network Optimization Software Logistics South Korea Purchasing Skills 225

All Things Supply Chain

JUNE 17, 2022

Biden pushes for shipping reform amid rising costs During his visit to the Port of Los Angeles, President Joe Biden called for the Ocean Shipping Reform Act of 2022 to…

Los Angeles 96

Los Angeles Supply Chain Shipping South Korea 96

QAD

JULY 2, 2019

Key industries include mining, iron, steel, aluminum, coal, machinery, arms, textiles and apparel, oil, cement, chemicals, consumer products, footwear, toys, electronics, food, transportation equipment, automobiles, railcars, ships, aircraft, telecommunications equipment, satellites and commercial space launch vehicles. as of 2018.

China 108

China South Korea Supply Chain Network Software Japan 108