Rate Forecasts are always challenging for the rail and intermodal sector, says Jason Kuehn, vice president of the consultancy Oliver Wyman. But this one feels more difficult than most.
As 2021 nears a close, the supply chain continues to be in crisis with nearly 100 ships backed up and waiting to unload. With an ongoing labor shortage in dock workers and truckers, every potential solution creates new types of obstacles.
Shippers may expect a second year of big increases in 2022 for ocean contract rates, says Philip Damas director and head of the supply chain advisors practice at London-based Drewry.
“The questions we know how to ask today are not the questions we need to ask for the future,” said one of the speakers at last week’s National Association of Manufacturers Leadership Council in New Orleans. This statement gave me pause. If we are only asking questions…
New research from Supplyframe indicates that most Americans (64%) are planning to get an early jump on holiday shopping this year in hopes of beating possible shipping or other supply chain constraints.
Derik Andreoli, principal at Mercator International, notes that Goldman Sachs forecasts that oil prices could rise to $150 per barrel in 2022 under a full economic reopening scenario. By contrast, Deutsche Bank forecasts that prices will average just $60 per barrel.
Today, in recognition of International Day of Human Rights and the International Year for the Elimination of Child Labor (2021), Philip Morris International Inc. publishes its Agricultural Labor Practices: 10-Year Anniversary Report.
The news has been bombarded with labor scarcities, supply shortages and port congestion. Often there is a lot of finger pointing, but limited explanation of what is happening and why.
The current global trade crisis has highlighted weaknesses within the supply chain and forced the industry to assess, evolve and often transform their operations to meet the needs of today’s marketplace. Many changes are here to stay and should be embraced as the industry…
The 2021 holiday season appears to be on track to exceed the National Retail Federation’s forecast for record spending despite supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said this week.
With the advent of the holiday season and the relaxation of pandemic protocols, supply chain managers may expect to witness a revival of industry events and a few quiet cocktail parties where they will reflect upon what it means to work on the U.S. West Coast.
Logistics software creator Imaginnovate today introduced its third technology breakthrough for final-mile deliveries in 2021. The company said its new Predictive Scheduling feature would become part of recently released Fleet Enable to eliminate guesswork for white glove…
Don’t miss out on the best in supply chain. Get premium
resources and in-depth, comprehensive feature articles written by the industry's top experts – delivered.
