The Quality Herald – news about quality, global sourcing and manufacturing

What is the Difference Between FCL and LCL Shipping, and Which is Best?

At any given moment, there are thousands of cargo ships traveling the world’s oceans, going from one country to another with a multitude of 20-foot and 40-foot cargo containers stacked upon their decks. The Port of Los Angeles alone imported and exported over 9.2 million TEUs in 2020 — a TEU is the equivalent volume… Continue reading What is the Difference Between FCL and LCL Shipping, and Which is Best?

Experts Offers Insight Into ‘Next Chapter’ on US Trade Policy

Issues ranging from forced labor in the Chinese cotton sector and U.S.-China tariffs to CPTPP and Trade Promotion Authority were key focal points of the “The Next Chapter: U.S.-Asia Trade” panel at the Sourcing Journal Hong Kong Summit last week. “This is a very challenging time for the sourcing community,” said Sally Peng, managing director…… Continue reading Experts Offers Insight Into ‘Next Chapter’ on US Trade Policy

Port of LA Director: ‘Historic’ Import Surge Requires Federal Intervention

If there was any way to accurately describe the surge in imports into the U.S. in recent months, Eugene Seroka, executive director of the Port of Los Angeles, may label it best: “historic.” There’s no doubt that the Southern California port and others have seen a barrage of shipments starting last summer when demand started…… Continue reading Port of LA Director: ‘Historic’ Import Surge Requires Federal Intervention

Logistics meets marketing: Fast and free shipping promotions need supply chain on board

Last-mile delivery is complicated enough, especially in an omnichannel world and one where consumers expect fast and free shipping. The marketing department pushing promotions, like next-day delivery or free shipping, and not communicating that with the supply chain department can put logistics in a bind. If something goes wrong, like shipping promises not being kept,… Continue reading Logistics meets marketing: Fast and free shipping promotions need supply chain on board

How to export food to China: a comprehensive guide

China is at the forefront in the global importation of food products, with new opportunities for foreign food-based exporters to join the market. However, there are several barriers to entry such as strict guidelines and regulations that must be given due diligence. Without following these steps, Imported products will be destroyed before entry into the… Continue reading How to export food to China: a comprehensive guide

Freight Forwarders: Managing the storm with technology

The global COVID-19 pandemic has created a climate of uncertainly for the freight forwarding industry and a perfect storm of challenges, including skyrocketing freight rates due to capacity crunches in supply chain networks; escalating demand for consumer goods and e-commerce; mounting port congestion and port closures; increasing container shortages due, in part, to abandoned cargo;… Continue reading Freight Forwarders: Managing the storm with technology

Suez jam, recalls pile on Peloton's supply chain costs

Dive Brief: Expedited shipping costs to improve delivery times, along with the expected reverse-logistics costs of Peloton’s recalls on treadmills, are chipping away at the fitness company’s margins. Peloton added $15 million in expedited shipping expenses to its plan for the next quarter, “in part due to the Suez Canal blockage,” CFO Jill Woodworth said… Continue reading Suez jam, recalls pile on Peloton's supply chain costs

Watch: The Cost of the Suez Canal Blockage for Global Supply Chains

Brian Alster, general manager of third-party risk and compliance with Dun & Bradstreet, shares the firm’s research on the continuing global impact of the Suez Canal blockage by a giant containership. Coming on the heels of the COVID-19 pandemic, the blockage was “another reminder of the challenges that companies have to face, and the need… Continue reading Watch: The Cost of the Suez Canal Blockage for Global Supply Chains

Why Ocean Freight Rates and Activity Are at Historic Highs Right Now

Volatility persists in the container shipping market, with carrier freight rates and profitability pointing up, but risks remain that could shorten the up cycle, analysts said in a Thursday Drewry webinar. Simon Heaney, senior manager of container research at the independent maritime research consultancy, said pandemic-driven supply chain disruption continues to roil the market. He…… Continue reading Why Ocean Freight Rates and Activity Are at Historic Highs Right Now

Maersk increases contract volumes, hikes renewal rates

Dive Brief: Maersk increased the contracted volume in its ocean freight service by about 20% as it looks to sign up “significantly more” long-term contracts, Maersk CFO Patrick Jany said on the company’s earnings call. The boost in volume brought its long-term contracts to around 6 million forty foot equivalent units in 2021, with 1… Continue reading Maersk increases contract volumes, hikes renewal rates