US retailers’ global sourcing strategy will take time to develop: analysts
As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sector looking for the business model that meets its particular requirements.
- US retailers’ global sourcing strategy will take time to develop: analysts
- US transport providers lose fewer jobs than expected in January
- End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
- US ‘freight recession’ putting motor carrier financing tools to the test
- New IMO rules force global reefer fleet to confront uncertain future
Spread between East, West coast ocean spot rates returns to pre-pandemic levels
The premium rate that importers had been paying to ship Asian imports through the US East Coast has dropped considerably over the past few months, allowing the spread between East and West coast spot rates to narrow to pre-pandemic levels.
FMC drops bid to use OSRA-22 for emergency data sharing
A Federal Maritime Commission member’s attempt to force marine terminals and ocean carriers to share more data under OSRA-22 has ended with the normalization of the ocean freight market.
NY-NJ marine terminals offering up more data to improve truck flow
Last year’s container surge prompted a harder look at information sharing for container availability and port operations, which New York-New Jersey marine terminals are responding to with new data.
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