While sailing through the Strait of Magellan adds distance and fuel costs, its toll-free passage offers shipowners another option when constraints elsewhere drive up delays and transit costs.
Maersk highlighted how flooding and damage to road infrastructure could impact access to ports, terminals, depots and inland delivery routes across East Africa between October and December.
The brands that will manage this period well are the ones that understand, order by order, what their true landed cost and repayment timeline look like.
The sportswear company wants to make its supply chain “more flexible, more responsive and more efficient,” COO Venky Alagirisamy said during a meeting with employees.
Glowing, optimistic predictions about an explosion in holiday sales mask an important distinction between the money a retailer is taking in and the amount of product it's actually moving.
Financial writer Rich Duprey says record diesel prices, rising insurance premiums, and higher maintenance expenses are colliding with freight rates that haven't kept pace.