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Sal Stile: Supply Chain Crisis Impacting the Consumer Goods Prices
The President of Alba Wheels Up talked to Long Island Press about troubles not only for the import community but the consumer. A lot of importers haven’t passed higher rates to retailers, this might cause another 5 to 10% bump in consumer goods prices.
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“Hey Google, Fix My Supply Chain.” –
Well, it’s not *that* simple, but a recently announced 10-year partnership between the search and advertising giant and Dun & Bradstreet will cement them as a founding data provider for Google Cloud’s Supply Chain Twin solution. |
Hong Kong to COVID Test all 7.5 Million Residents
That is the proposed plan as China has told Hong Kong’s Carrie Lam that drastic steps are needed to curb the spread of Omicron through the territory. Mainland epidemiologists have also joined the battle against COVID. |
Vince Iacopella and the Grow Big Initiative: How to Eliminate Customs Duties? Navigating the troubled Supply Chain in 2022
Our EVP Growth & Strategy talks to the Grow Big Initiative and gives the inside scoop on how fulfillment and inventory placement choices can save you massive amounts of money . He also covers “Five Ways To Utilize Section 321 Entries to By-pass duties”.
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California Makes Public Land Available for Container Storage
Private companies stood up pop-up container yards to act as staging points for loaded import boxes and to hold empties until they could be returned to terminals for export. Six sites have been leased and will be available to store up to 20,000 shipping containers. |
SOC Booking Trebled between 2019 and 2021 –
A study by Container Xchange found that the number of shipper owned containers utilized to move cargo leapt from approximately 6% in 2019 to 19% in 2021. Many shippers have chosen to buy or lease their own private container fleets as a means to circumvent equipment shortages. |
The FMC to The Rescue?
FMC Chairman Daniel Maffei recently said that the Commission should remain focused on enforcing current rules and developing new ones to ensure carriers do not take advantage of shippers. He also elevated concerns that an extension to the PierPass program for off-gate usage was doing more than covering expenses but was, in fact, a profit center which has cost importers untold millions of dollars in additional fees. Click the “Read More” link for his statement on the FMC’s website.
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