Download Digest The latest report from Statista reflects that inflation is now above 5%, a rate not seen since 1990. Companies have caught up with rising raw material and component costs, and have implemented price increases on their products. Resilience is now being echoed throughout boardrooms and leadership meetings as companies work to mitigate what […]
Download Digest Four current and upcoming challenges to be met this year Order Cancellations There is a big risk for manufacturers as order cancellations loom large presenting a potential challenge in the near future. Consumerism built on 1-2 day delivery cycles is struggling as consumers look at big-ticket items with timelines pushed 2 to 4 […]
Download Digest Green Hydrogen: Collaboration and investment are leading to high interest in what is now termed, “Green Hydrogen.” Green hydrogen is hydrogen fuel that is created using renewable energy instead of fossil fuels. Industry groups see green hydrogen playing a vital role in eliminating carbon from the energy system. For supply chains, one leader […]
Download Digest INDUSTRY NEWS Import contingency plans are in full swing as C-19 restrictions are put into place to stop the spread of C-19 at south China ports of Yantian, Shekou and Nansha. The Yantian International Container Terminals in South China are creating disruptions that exceed the impact of the six day Suez Canal blockage. […]
Download Digest As we move through May, how do we begin to illustrate the value we are creating when any trend line is going to show costs tracking northward since last year at this time? One approach – lend insight to the market challenges with conditions on the ground approach. Obviously, index rates illustrating the […]
Download Digest As one of the world’s largest container vessels, the Ever Given was carrying 18,300 containers when it ran aground in the Suez Canal. The “blockage,” as it has become known, was estimated to be causing $14 million to $15 million in lost revenues for Egypt’s Suez Canal Authority each day the Ever Given […]
Download Digest Last month we spoke on the rate per mile carriers seek to maximize utilization of their fleets with the end goal to keep the wheels moving in their operations. This month, we will explore challenging rate conditions and how execution strategy with alignment to the right asset and non-asset partners can pull your […]
Download Digest In many small to midsize shippers, the contract that exists between shipper and broker is a broker generated contract the Transportation Intermediaries Association (TIA) supports for its associated members. The TIA contract is a preferred agreement that allows for a broker to formalize its relationship with the shipper. Throughout the past decade many […]
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