Commencing February 1st, 2024, the shipping industry is poised for a notable shift as major carriers announce a General Rate Increase (GRI) on ocean freight, with Transpacific FEU cost set to rise well above the five-thousand-dollar mark. This development holds implications for global supply chains, businesses, and consumers, emphasizing the interconnectedness of the world’s economies. Understanding GRI in Ocean Freight A General Rate Increase (GRI) … Read More
How to Be Prepared for Chinese Golden Week
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
Transloading and Intermodal Synergy
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
Hazardous Goods Transportation 1 o 1
The transportation of dangerous goods is a critical aspect of supply chains that demands meticulous planning and adherence to strict safety standards. Mishandling hazardous chemicals can pose significant risks to people, the environment, and property. To ensure safe and secure transportation, companies must be well-informed about the various classes of dangerous goods and comply with specific requirements. Understanding Dangerous Goods Classes: Before embarking on the … Read More
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
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