Ocean Freight Rates out of China Show Slight Decline

Despite widespread efforts to contain the recent Covid-19 outbreak, the Shanghai lockdown continued this week as thousands of new positive cases are reported each day, according to freight marketplace Freightos. Export volumes from China have dropped significantly since the start of the lockdowns, and authorities have announced measures to reopen hundreds of factories and improve…

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Necessity is the Mother of Collaboration

The cacophony always gets louder when supplies are disrupted: Supply chain partners must collaborate! Yet the “importance” (i.e., order volume) of a supplier or customer often dictates the allocation of constrained resources. Still, necessity is pushing the supply chain toward better collaboration, said Alex Saric, CMO of Ivalua, developer of spend-management platforms. The call for…

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