Month: January 2024

While the historic cold snap is causing multiple issues across the U.S., freight rates have remained relatively stable says data from DAT.

As Houthi attacks continue in the Red Sea, retailers are scrambling to find alternative methods for moving their inventory, including exploring more air freight options and boosting inventory.

While shifting Asian cargo from East Coast to West Coast U.S. ports adds time and cost, it is one option shippers have to counter continued risk in the Red Sea.

UPS joined FedEx in announcing it will extend demand surcharges to packages effective Jan. 14.

As shippers navigate goods around low water levels in the Panama Canal and risks in the Red Sea, rates are rising and the risk of downstream disruptions is growing.

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

Supply chain professionals in the global container shipping industry expect more technology investment and positive growth in the market in 2024.