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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

And now on to this week’s logistics news. based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S.

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

Supply Chain Shaman

The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. 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.

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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. The post One Type of Inflation is Caused by Supply Chain Issues (And That is a Good Thing) appeared first on Logistics Viewpoints.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Material Handling & Logistics ). Material Handling & Logistics ). Source: Consultancy.UK. Image source: Fortune. Chain Store Age ). Chain Store Age ).

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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

The import dwell times at the Port of Long Beach fluctuated throughout the first half of 2021, with a high of 9 days. Another large source of disruption was the March blockage of the Ever Given vessel in the Suez Canal, which prevented goods from both entering and exiting the canal. To read the full article, click HERE.

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Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

For AGCO, a public company with over $11 billion in revenues, a supply chain risk management application helped the agricultural equipment manufacturer stay agile during COVID. One of the players in this market, Resilinc, is monitoring 105 million data sources. AGCO Stayed Nimble during the Pandemic. This data needs to be curated.

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Unease Remains in U.S. East and Gulf Coast Labor Talks

Supply Chain Matters

While multi-industry logistics, transportation and customer fulfilment teams might have languished with a sigh of relief, they are likely to be aware that this new contract is not a done deal yet. Disagreements Remain One of the contentious topics involved in these labor contract negotiations was tolerance for future port automation.