Archive: September 2023
September 26, 2023
7 Supply Chain Best Practices
In efficient supply chain management, success depends on optimization, agility and responsiveness to sudden changes. Effective management entails reducing overheads, minimizing lead times and improving inventory levels. Streamlining processes and…
READ MORE >September 22, 2023
Golden Week Starts September 29, Busy Travel Season Expected
This year, the Mid-Autumn Festival overlaps with the National Day break, making it a longer holiday than usual and giving people a greater chance to travel. The official holiday starts on September 29, a Friday, and runs until October 6…
READ MORE >September 22, 2023
Golden Week Blank Sailings Affecting Schedules
Canceled sailings by container lines are having some unforeseen consequences, as schedule unreliability has resulted in increased inventories, higher costs, and now a disruption to backhaul trades (source: SeatradeMaritime News).
READ MORE >September 18, 2023
Vietnam Approves $1.7bn Plan for Inland Container Depots
Anticipating more containerized cargo imports and exports, the Vietnamese government announced it will invest up to $1.7bn to build more inland container depots (ICD) by 2030 (source: The Loadstar).
READ MORE >September 18, 2023
Air Cargo Rates Hit Lowest Level Since Before Pandemic
The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic (source: AJOT).
READ MORE >September 6, 2023
How to Choose the Right Supply Chain Partner
Supply chain partners can benefit your business by increasing efficiencies and decreasing long-term costs. These lasting relationships boost customer and employee satisfaction and empower you to deliver a product…
READ MORE >September 5, 2023
US West Coast Port Workers Ratify Contract Agreement
U.S. dockworkers ratified a six-year contract that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State (source: Reuters).
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