June 14, 2022

The Pitfalls of Using Excel to Manage Your Allocation

The global supply chain continues to endure massive challenges, including lacking capacity and failure to utilize such capacity fully. According to the Drewry World Container Index, rates declined in early June 2022 to $7,625.56 per 40ft container (FEU). While that’s a positive movement, it’s still radically higher than the five-year average of $5,214. Meanwhile, demand for oil only continues to […]

May 26, 2022

Causes of Poor Contract Utilization and What to Do About It

Though the World Container Index has dipped slightly in recent weeks, it’s important to note the large-scale growth the WCI has seen in recent years. According to Drewry, on May 12th, 2022, “The composite index decreased by 0.9% […] but remained 33.7% higher than a year ago.”

May 19, 2022

What’s Limiting the Ability of Shippers to Fully Utilize Their Allocation and How Integration Helps

The recent delays surrounding ocean cargo capacity can be traced back to early 2019 and the onset of COVID-19 when customers across the globe fueled a higher-than-ever demand for containerized goods.

May 3, 2022

3 Reasons Ocean Contracts Fail and How to Overcome Them

The freight management world continues to experience disruption after disruption. From late 2021 through early 2022, world container rates soared beyond imagination. In response to any disruption, new logistics technology offers a solution. All companies want growth and success, but that growth must not sacrifice the facts behind all interactions, whether that’s transport contracts, 3PL […]

January 11, 2022

Why the ILWU Labor Negotiations Should Be Top-of-Mind for Your Team

If you haven’t been keeping up with supply chain management news, it’s important to know that 2022 is bound to bring challenges to logistics, shipping ports and businesses across the West Coast. United States dockworkers and their management systems are about to engage in contract negotiations that could go on for months beginning with ILWU.

December 17, 2021

Why Everyone on Your Logistics Team Should Understand Carrier Alliances

Back in 2017, the landscape of the shipping world rearranged yet again as ten of the major carriers in the maritime industry coalesced into three distinct carrier alliances. Today, nearly 80% of the global carrier market operates within these alliances. Understanding these alliances, how they function, and the impact they have on the supply chain are vital for any logistics team dealing with […]

November 23, 2021

The 3 Supply Chain Disruptions You Should Be Prepared For

There is a lot of news floating around about the current and evolving issues in the global supply chain, but what exactly should shippers and carriers be most prepared for when looking toward the future?

November 12, 2021

Hedging Toward Stability: How to Create Resilience in Your Supply Chain

When COVID first shook the world, one of the biggest concerns of business owners and government bodies alike was its impact on the global supply chain. First, there was an assumed acute impact, which everyone hoped would only be a few weeks or months, but the bigger question soon became what the long-term consequences might be.

October 27, 2020

Glossary of Shipping Terms

Shipping has its own language! As Team NYSHEX grows, those of us who have been in shipping for a long time have begun to realize that when we get blank stares, it’s because of all the three and four-letter acronyms that don’t transfer across industries.

October 22, 2020

Bryan Most, Former Walmart Vice President of Transportation, Joins NYSHEX Team

With the additional $13.5 million in additional growth financing announced earlier this month, NYSHEX will expand into new shipper segments, and grow our geographic footprint starting with retailers. Retailers are particularly exposed when the flow of cargo is disrupted as stock-outs can lead to lost sales, diminished share price, and even insolvency. Given our track record for increasing supply […]