As the Chinese Golden Week in February approaches, businesses and supply chain managers around the world brace for the impact of this significant holiday period. With factories closing and the pace of business slowing down in one of the world’s largest manufacturing hubs, preparing effectively is crucial to mitigate disruptions and capitalize on opportunities. Here’s how companies, guided by the expertise of Global Logistical Connections … Read More
The Synergy of Transloading and Intermodal Shipping
In today’s rapidly evolving global marketplace, the efficient movement of goods has become a cornerstone of success for businesses across industries. As international trade continues to grow and e-commerce takes center stage, companies are seeking innovative ways to optimize their logistics strategies. One such solution that has gained prominence is transloading, a shipping technique that facilitates the seamless transfer of goods between different modes of … Read More
Navigating the semiconductor Supply Chain
What are Semiconductors? Semiconductors, often referred to as “semis” or chips, play a crucial role in modern technology. From smartphones and computers to cars and medical devices, semiconductors are ubiquitous in our daily lives. However, the semiconductor industry faces various challenges, particularly in its intricate supply chain. Semiconductors are vital for driving innovation and productivity in numerous industries. They are integral components in a wide … Read More
What should a Sustainable Supply Chain consider?
In today’s world, sustainability has become a vital consideration for businesses in every industry. According to a recent Forbes article, “Why a Sustainable Supply Chain is Critical to the Future of Consumer Products,” consumers are increasingly looking for products that are sustainably sourced and produced. In fact, research shows that 90% of consumers would switch to a brand that is associated with a good cause. … Read More
A Guide for Shipping Health and Beauty Products
The global health and beauty industry has grown exponentially in recent years. Online sales have accounted for a significant portion of this growth. In 2020, the industry’s value was estimated at $380 billion, and according to a report by Allied Market Research, the global cosmetics industry is forecasted to reach $463.5 billion by 2027. It’s essential to understand the regulations and best practices for shipping … Read More
From Farm to Table – Your Food Supply Chain Explained
Food supply chains can be complex and involve multiple stages and participants. Here’s an overview of the journey your food takes from farm to plate: Fresh Food Production Food production typically starts with farmers, who grow crops or raise animals for meat, dairy, and egg production. Farmers may sell their products to processors or directly to consumers through farmers’ markets, community-supported agriculture (CSA) programs, or … Read More
The Logistical Challenges of The Pharma Sector For 2023
According to a report by the IQVIA Institute for Human Data Science, global spending on medicine is projected to reach $1.5 trillion by 2023. Due to the sheer volume of materials that need to be transported and stored in sanitary conditions. All the players in the supply chain must work together, to ensure that the products reach the customer in a safe, timely, and cost-effective … Read More
News Sites Report Shipping Container Surplus, What Does it Mean?
Here are some key points: At the height of the COVID-19 pandemic shippers were in desperate need of containers. Now, some ports have seen a decline in bookings and have a container surplus. Most news outlets report that this is due to a decrease in demand but the data points to things returning to pre-pandemic levels. US Retail Sales point to stronger consumer spending in … Read More
Latest Imposed GRI for FedEx marks history
Thursday, September 22nd FedEx Corp announced a 6.9% general rate increase (GRI) to be imposed starting 2023. This GRI marks the largest percentage of increase year-over-year in the company’s history. All services will be affected by the GRI, except for the LTL, or less-than-truckload service, FedEx Freight, which could fluctuate between 6.9% and 7.9%, according to the customer’s scale. On average, FedEx’s annual tariff rates … Read More
New Incentives for Farmers Exporting from West Coast
Amongst rising shipping inflation costs, the USDA is placing incentives for Farmers in the United States to export their agricultural shipments when using the Port of Oakland or Nothwest Seapport Alliance, to rouse dropping export volumes in the US. For every container of farm goods or general agriculture commodities, all agriculture shippers will be given $200. For any said shippers using refrigerated containers, they will … Read More