A number of container lines operating between the U.S. and Asia say they intend to implement congestion charges of up to $1,000 per 40-foot container (FEU) for cargo moving via U.S. West Coast ports, effective November 17, 2014, in response to labor-related terminal delays.
While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights.
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 57.1 (a reading above 50 represents growth) in October, down 1.5 percent from September’s 58.6 and down 2.5 percent from August’s 59.6, which is the highest NMI reading since it was added to…
KPMG LLP, the U.S. audit, tax and advisory firm, has acquired the Global Trade Management (GTM) Practice of EntryPoint Consulting LLC, an industry leader in providing SAP Global Trade Services (SAP GTS) technology and business consulting services to multinationals across…
Despite assurances that The International Longshore & Warehouse Union (ILWU) has been negotiating in good faith for a new contract, the ports of Seattle and Tacoma are reporting labor “slowdowns” in recent weeks.
The PMI, the ISM’s index to measure growth, headed up 2.4 percent to 59.0 in October (a PMI of 50 or greater represents growth), which erased the 2.4 percent decline in September’s PMI. October’s PMI matched August’s 59.0, which was just off its highest reading since…
The summit is scheduled for October 28-30, 2014 at the University Center Conference and will attract C-level executives, major shippers and prominent industry analysts.
Daily packages in the U.S. were 6.9% higher as demand from both B2C and B2B customers improved. International Export shipments increased 9.4% with strong growth in both Asia and Europe. UPS delivered 1.1 billion packages around the world, up 6.9% over the third quarter 2013.
Of special interest to readers of Supply Chain Management Review will be “Americas Update,” which will look into the future of the market in the Americas and assess how firms will be able to favorably position themselves to compete and win market share.
Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management.
Commerce reported that September retail sales at $442.7 billion were down 0.3 percent compared to August and up 4.3 percent compared to September 2013, and the National Retail Federation aid that September retail sales, which exclude automobiles, gas stations, and restaurants,…
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