News
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Expedited drayage, airfreight helps Sovos tackle ocean congestion
Congestion and raw material constraints have Sovos taking greater control over its supply chain. Beyond relying more on airfreight --which has become a common method for shippers to ensure goods are delivered faster — the company is also establishing more manufacturing in the U.S. to avoid potential shipping disruptions.
May 20, 2022

SCFI snaps losing streak
The Shanghai Containerized Freight Index (SCFI) – a key spot metric for box shipping – snapped its 19-week losing streak today, with many analysts now suggesting the peak season, combined with Shanghai’s reopening, could see rates roar back.
May 20, 2022

Report: Chaotic peak shipping season ahead
Half of logistics industry pros surveyed say supply chain disruptions, congestion, and high costs will be worse this year than in 2021.
May 20, 2022

American Stores Have Too Much of the Wrong Stuff
Consumers, rejoice. This could be the year of clearances and deals. Retailers reporting earnings this week have seen a surge of inventory as they found themselves carrying too much stuff that consumers no longer want so much of, including basic apparel, home appliances and furniture. Ahead of last holiday season,…
May 20, 2022