According to creditcards.com, 27% of the shoppers are planning to begin their holiday buying in September. This year, due to the Shipping Peak Season, you should highly consider being part of that percentage; otherwise, you may not find gifts for Christmas, Hanukkah, or other winter holidays. The current increase in peak season volumes paired with Covid-19 has disrupted the regular activity in the global supply … Read More
The logistics companies should be ready for the Golden Week
From October 1 to 7th. in 2021, China celebrates its Golden Week. This yearly event is well-known in logistics as it stops production at manufacturing facilities, creating a ripple effect for U.S. forwarders and their end customers. For this reason, Freight forwarders, globally, prepare for the Holiday Weeks in advance. During the weeks preceding Golden Week, importers rush to ship cargo from China to the … Read More
Market Expansion Fueled by Small to Medium Sized Freight Forwarders
According to Valuates Reports, the Freight Forwarding market is expected to reach USD 207 billion by 2026, from USD 170 billion in 2019. A compound annual growth rate of 2.8% from 2020 to 2026. The report focuses on three key factors influencing the expansion of the logistics sector: the increasing demand for low-cost shipping, a better understanding of customer preferences, and the growing flexibility of … Read More
6 Tips for Improving your Supply Chain Management
Managing your supply chain is one thing, but optimizing it is a whole different challenge and one that many companies fail at doing. To help you succeed, we have put together six fundamental cornerstones that you should emphasize when planning your supply chain.
Chinese Lunar New Year Holiday Schedule
The 2021 Chinese Lunar New Year, scheduled from February 11 to 17, poses significant logistical challenges, with the potential to disrupt supply chains worldwide.
Ports of L.A. and Long Beach continue to face unrelenting volumes
November brought another month of record-breaking volumes, with the Port of Long Beach handling 382,677 inbound TEUs, marking a substantial 30.5% increase year over year. Despite this surge, a notable shortage of chassis and a scarcity of drayage providers have led to containers accumulating at the port, exacerbating congestion issues significantly. This bottleneck at the port has precipitated extended delays in vessels berthing and resulted … Read More
Record Import Volumes Set to Worsen West Coast Port Congestion
Peak Season is well underway and the Ports of Los Angeles and Long Beach are feeling the pressure. The increased congestion results in container delays, terminal yard closures, increased wait times, and equipment shortages.