The supply chain industry, for better or for worse, has been largely defined by its recent challenges and the ability of businesses to handle those challenges. From pandemic to vendor disruptions, managing a modern supply chain comes with its fair share of obstacles. Fortunately, however, strengthening your supply chain to withstand changes and challenges is…
The continued peak in ocean container demand is keeping ports congested, equipment scarce and creating knock on effects on ocean rates — beyond the Asia-U.S .lanes that are generating most of the demand, according to Freightos. Prices from Asia to the Mediterranean – which are normally 37% lower than Asia-U.S. East Coast rates – skyrocketed…
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.…
China-U.S. ocean rates have remained steady but are still extremely high. Carriers passing on an early November General Rate Increase marks six consecutive weeks of stable rates. Peak season is still hitting air cargo, with rates still climbing. Freightos.com marketplace data shows a 4-9 percent rate increase on most lanes out of China since last…
If your fulfillment team ships all next-day deliveries via overnight carrier services, you are almost certainly overpaying carriers and adding to your cost of distribution. This is especially true during the holidays when consumers’ love of buying electronics goes into hyperdrive. With the holiday shopping season in full swing, electronics remain a top holiday gifting…
An already-tight electronics supply chain will get squeezed even more thanks to the negative effects of Hurricane Harvey. Even as a second hurricane was bearing down on the U.S., domestic manufacturers were preparing for prices and deliveries to be significantly impacted over the next three months. Hurricane Harvey struck a significant blow to the Houston,…
Thanks to Amazon.com, a customer’s online buying experience is every bit as important as the item that’s acquired. E-commerce b2b capabilities have been lagging b2c, prompting companies to look for ways they can provide fast, accurate and inexpensive delivery options. Innovators have been looking at the logistics space where there’s lots of opportunity for improvement (See…
If your suppliers are doing their job right, life should be a bit like Oz. Somebody behind a curtain is managing things and everything looks great on the outside. Every once in a while, though, it’s worth peeling back the curtain. Several hundred people got that chance last week as Future Electronics celebrated the 10th…