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. […]Read More
For BCOs, managing their allocation has always been a struggle due to the many variables that can result in shortfall and missing out on containers they contracted for. As explained by McKinsey & Company, the “ability to forecast demand and determine how to meet it has been further challenged by supply chains’ increasingly global scope. […]
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 […]
Everyone agrees that the world has changed in recent years, so why haven’t ocean freight contracts? Learn about the future of ocean freight contracts today.
How can companies protect themselves from the unknown in the constantly evolving ocean transport industry? Learn more today.
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 […]
Come foggy waters, a lighthouse can guide a ship safely to port. In logistics, visibility is vital, and we’re not talking only about navigation. Poor visibility with freight allocation leads to mediocre optimization, with valuable space wasting away unused or shipping times slowed as carriers wait for holds to fill up. The result? Inefficient networks […]
Technology solution removes risk, providing a predictable, efficient system for global commerce New York, New York – NYSHEX, the leader in two-way committed contracts, today announced revenue growth of 340 percent in 2021. In addition, shipping volumes more than tripled and the company grew its global footprint with the opening of a London office and […]
The Supply Chain 4.0 Following the early 2000’s, the digital revolution began impacting nearly every industry across the global marketplace. Over the last decade, it has begun to infiltrate the supply chain space more heavily. The developments in logistics technology and supply chain management have been dubbed the “Supply Chain 4.0.” In short, Supply Chain […]
As many in logistics are aware, protecting your supply chain is crucial to both inventory management and overall business continuity. An efficient and optimized supply chain paves the way for significant cost savings, improved profitability, and a higher level of customer satisfaction and service. Conversely, disruptions to your supply chain can have a catastrophic impact […]
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 […]
Learn how BARK used NYSHEX to meet their allocation in-full in 2021 and get ahead of challenges at both destination and origin.
Digital infrastructure is all around us. But it hasn’t always been that way. From the backbone of the internet to the evolution of cloud services, many other industries have witnessed periods of rapid digitization in order for opportunity, growth, and innovation to be experienced. This week we sat down with the Co-Founder and CEO of […]
With all the market challenges and more to come, shippers need to be proactive to avoid future disruptions. Join our upcoming webinar to learn why shippers are starting to sign multi-year contracts to rebuild confidence and stability in the supply chain operations and create an…
The shipping industry has changed, and reliability has suffered. As an ocean procurement executive, however, your objectives to contract competitive freight rates, minimize spend deviations versus forecasted budget, and ensure cargo arrives on time have not changed. In this white paper, Chuck McDaniel, former Global Logistics Procurement