Although peak season normally tapers off in November, this year’s extended peak is keeping China-US rates elevated, with West Coast rates 191% higher than last year, according to freight booking and research company Freightos. Of course, peak season this year also is characterized by acute equipment shortages. As carriers seem to prioritize empties to the…
The semiconductor industry has been one of the most resilient markets during this coronavirus-plagued year. Seven top-15 semiconductor suppliers are forecast to show ≥22% growth in 2020 with Nvidia expected to post a huge 50% increase, reports IC Insights. Leading semiconductor supplier Intel, with only 4% growth, managed to maintain its No. 1 ranking. The…
Though the holidays are considered “peak season” for parcel shipping every year, unprecedented increases in e-commerce look to bring a new level of intensity in 2020. According to a recent report from Salesforce, businesses relying on parcel shipping face a likely capacity crunch this holiday season. Covid-19 transformed the holiday landscape Although the Covid-19 pandemic hit retail hard, not all retailers have struggled.…
NewPower Worldwide, the fastest growing global independent distributor of electronic components and finished goods, today announced it achieved ISO 14001 certification for its Environmental Management System and ISO 45001 certification for its Occupational Health and Safety Management System. This announcement comes after an extensive audit of NewPower Worldwide’s operations to ensure compliance with the ISO…
Richardson RFPD, an Arrow Electronics company, and Kerlink today announced they have entered into a distribution agreement. “Kerlink’s network management center enhances our IoT product offering by removing the complex backend connectivity integration otherwise required to deploy customers’ private IoT networks” Kerlink, a leading provider of solutions for designing, launching and operating public and private…
Digi-Key Electronics, the leading global electronic components distributor, announced that it has launched a refreshed Quote Manager tool for customers. Digi-Key’s self-service tool allows customers to quickly and easily generate quotes with secure pricing, accessible from any device or location. “The newly refreshed Quote Manager tool gives our customers a more consistent and easy-to-use experience,”…
EBV Elektronik, an Avnet company (NASDAQ: AVT), has signed a distribution agreement with ACEINNA, a worldwide leader in the development of innovative Inertial Measurement Unit (IMU) and current sensing technologies that are essential to next generation cars, robots and other autonomous applications. EBV will offer ACEINNA’s complete range of MEMS based sensing solutions and technologies…
Digi-Key Electronics, which offers the world’s largest selection of electronic components in stock for immediate shipment, announced that it has expanded its product portfolio to include a global distribution of Mag Layers USA MMD series molded power inductors. This partnership is part of Digi-Key’s global Marketplace initiative to broaden the product offering now available for…
Flex Power Modules announces the formation of a strategic partnership with Shenzhen Eprotek Technology Co., Ltd (trading as Eprotek) to strengthen the supply and sales support of its products in China, particularly with industrial power solutions for test equipment and automation. Eprotek also provides important support for DC/DC products from Flex Power Modules for RFPA…
The freight marketplace is experiencing an unusual hitch – a shortage of shipping containers. So far, it hasn’t affected rates. Peak volumes continue to surge, but China-U.S. ocean rates have stayed unchanged for two straight months, according to Freightos, likely due to pressure from Chinese regulators. The sustained sky high prices from strong demand results…