Mexico’s nearshoring wave is years in the making; Shein, Temu drive 5% air freight spike in November; Forward Air plans general rate increase of 5.9%; 6 reasons why global supply chains are shifting
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NOTE FROM THE EDITOR
Major shipping lines are diverting vessels from the Suez Canal, due to concerns of potential attacks from militants in Yemen.
I wanted to alert you of this rising risk in today’s newsletter, as the situation is developing and may affect your logistics plans. In addition to a story on this subject, we’ve included a “What We’re Reading” from The Washington Post that helps explain the reasons behind the escalating risks.
We’re also looking into the larger implications of these diversions, and the impact they may have on shippers. That includes asking you: What concerns you the most about this situation? What does a contingency plan look like?
Let our team know via email at [email protected], and stay tuned for future reporting.
Decades of investments in logistics infrastructure, trade deals and becoming a manufacturing hub are paying off as shippers look to nearshore production.
Shipments from the fast fashion companies are frequently dominating export routes from China and Hong Kong, according to Xeneta’s chief airfreight officer.
Many employers are dropping degree requirements for certain positions to create a more diverse workforce and increase job candidate numbers, survey results show.
For years, rising costs, logistics delays and labor shortfalls have become the norm for retail supply chains. Learn how retailers are responding with innovation in this Trendline.
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