Are you shipping me?!? $32,000 container move from China to LA
The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Purchasing ocean transportation has become so expensive that many companies with lower-value commodities can’t afford to import anymore, analysts and logisticians say.
Tractor Supply plans to add 3 distribution centers in 5 years, accelerate supply chain investments
Tractor Supply laid out its five-year plan to investors in October, and new distribution centers are a key aspect.
Want to improve supply chain performance? Start by defining OTIF
Over the last few decades, supply chains have scaled so quickly, become so complex and been so patchworked together on a global scale that the industry collectively forgot to take a step back and agree on the critical rules for what great supplier performance looks like.
FTR’s Shipping Conditions Index highlights impact of rates on shippers
After showing some modest signs of rebounding, the most recent edition of the Shippers Conditions Index (SCI), which was recently issued by freight transportation consultancy FTR, remained in similar territory.
Moderns’s 2021 Virtual Summit airs this week
Later this week, Modern Materials Handling’s 2021 Virtual Summit will air to provide insights into warehouse automation, robotics, and other fulfilllment trends. Presented by leading analysts and consultants, and moderated by Modern’s editorial team, free registration for the Virtual Summit is available here, with on-demand viewing available afterwards.