Container shipping spot rates still falling: What will be the new normal?
Containerized cargo shippers face the reverse emotional scenario. Who’s less upset if spot rates quintuple? A shipper who’s used to paying $1,500 per forty-foot equivalent unit and suddenly sees rates jump to $7,500? Or one who pays $1,500 per FEU for years, gets slammed with crippling rates of $20,000 per FEU including premium charges, then gets “relief” as rates slide all the way back down to $7,500?
Amazon Air’s Newark hub fallout adds to its 2022 logistics stressors
Plans for an air cargo campus in New Jersey have dissipated, complicating the company’s ability to more quickly serve northeast customers.
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Supply chains unlikely to stabilize until 2024 survey finds
More than half of supply chain executives don’t expect a “return to normal” until the first half of 2024 or beyond, according to a new survey by Carl Marks Advisors, in partnership with SupplyChainBrain.