In a joint broadcast presented by Port of Los Angeles today, Executive Director Gene Seroka discussed the port’s best September as well as the best single three-month quarter in the port’s 114-year history.
It is too early in the Q4 bid season to reach exact conclusions about 2021 rate changes. However, industry analysts say the signs are obvious in the spot market for ocean transportation that carriers have gained pricing power and are managing ship capacity to their advantage.
The latest market intelligence shared by insight from Resilience360 provides supply chain managers with news on impacts of the labor dispute at the major port operators in Australia, including DP World, Patricks and Hutchinson.
As Texas and Louisiana start to pick up the pieces after Hurricane Delta, the American Logistics Aid Network (ALAN) is gearing up to provide support – and hoping that members of the logistics community will be just as willing to help with the 25th named storm of the season…
For those looking to update their supply chain strategy over the next 3-5 years, the world markets are over-served, and global supply chains are going to evolve to the next logical configuration.
Four areas of change brought on or accelerated by the coronavirus pandemic could have an outsized impact on both public finance and supply chain infrastructure throughout the world, according to Fitch Ratings in a new report.
Despite the majority of organizations implementing a hiring freeze during the pandemic, most CEOs recognize that the structure of their workforce needs to change.
Onshoring, the practice of bringing offshored operations back home to their original country, could increase in frequency following both the U.S.-China trade war and the ongoing pandemic.
IHS Markit reports that recent data imply third-quarter real GDP growth will be near 33%, stronger than previously anticipated. According to Joel Prakken, chief US economist and co-head US economics, IHS Markit, this has encouraged them to revise up their forecast for growth…
Monday, October 5, 2020 · Dan Pellathy & Mike Burnette
The massive rise in remote work due to COVID-19 has prompted nearly 70 percent of enterprises to anticipate larger investments in cyber security. Unfortunately, our research suggests that despite these investments, without a strategy for end-to-end supply chain cyber security…
Secondmind released new research today indicating that 86% of U.S. supply chain decision-makers surveyed have been left frustrated by AI-powered systems and tools during the COVID-19 crisis.
Consumer spending has recovered from the coronavirus pandemic more quickly than expected, but forecasting 2020 holiday sales is like assembling a jigsaw puzzle without all the pieces, National Retail Federation Chief Economist Jack Kleinhenz said today.
In his new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19, published today, MIT Professor Yossi Sheffi explains how companies grappled with the chaos of the Covid-19 pandemic and how they can survive and thrive as the crisis subsides.…
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