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Analysis: Why Shipping Rates Have Spiked and When Might Rates Come Down

MTS Logistics

Later, 2021 arrived with port congestion issues, especially in West Coast terminals. In the following months of 2021, the container situation appeared even weirder because of rates. The supply chain crisis did not leave us in 2021. Products are ready in factories, but there are not enough containers for them.

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Supply Chain Market Outlook: 2021 Holiday Season Edition

MTS Logistics

As we enter the 2021 holiday season, it is clear now that businesses are struggling more and more every day to fulfill orders from U.S. As we approach the end of 2021, many of the current issues seem to have no easy solution in the immediate future. Based on the data, the normal rate level is at -69% from the current rate levels.

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Freight Procurement is a Different Game

Logistics Viewpoints

That factory also aims to rapidly process the raw materials into product. An RFP is a data intensive exercise. This made the data analysis easier. On the inbound side, it was highly reliant on spreadsheet data. This made the data analysis “painful.” Simmons ran an RFP between late 2021 early 2022.

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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

In Belcorp’s case they have four factories located in Colombia, Mexico, Peru, and Ecuador. Production flexibility is limited; none of these factories can make all the company’s 1,500 products. For consumers in metro areas located close to their factories, there is a one-day lead time. What factory should make a new product?

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Greener Farm to Fork Journey

Logistics Business Magazine

Technologies like Internet of Things (IoT) sensors and tracking systems can transform the way we manage food and drink across the manufacturing supply chain – from its origins on the farm, through to factory production sites and transporting the food on UK roads to our stores.

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Chinese New Year Supply Chain Chaos?

Logistics Business Magazine

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We We are looking at three different Chinese Years in 2020, 2021 and 2022.

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Maersk Warns That China’s Economy Has Rebounded Slower Than Expected

MTS Logistics

Shipping giant Maersk is out with a new warning: despite the Chinese economy staying resilient in the wake of the Covid pandemic, other factors such as a Chinese real estate market crash and repeating factory shutdowns in 2021 and 2022 have slowed down the Chinese economic recovery.