India westbound container rate rally losing fizzle
Bookings for India exports to the United States and Europe for October are easing, with forwarders and industry watchers anticipating a “soft landing” of elevated container rates.
Bookings for India exports to the United States and Europe for October are easing, with forwarders and industry watchers anticipating a “soft landing” of elevated container rates.
Kirk Jensen will focus on strengthening supply chain and manufacturing operations at Good Cultureto improve availability and speed to shelf for retail partners, CEO Jesse Merrill said.
Former Thrasio and Walmart executive Kunal Thakkar joined the baby product maker last month to lead global operations and sourcing, among other functions.
The forecasting capability is moving from pilot to broader implementation as the retailer targets improved in-stock levels and operational efficiencies.
Demand for manufactured goods, while “resilient for now,” will “likely wobble as output prices rise further,” Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.
The off-price retailer is planning installations at upcoming facilities in Arizona and California, as well as an existing warehouse in Georgia.
A 2.1% year-over-year gain last month broke a 42-month decline in the Cass Freight Shipments Index, with Cass stating “the bottom is probably in.”
A further round of strikes at German ports would likely worsen port congestion and schedule reliability on major trades.
US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico’s supply of cross-border truck drivers.
The ability to customize port calls and aggressively manage capacity is translating into higher rates for MSC, while the Gemini Cooperation’s rates are below the market average despite its higher schedule reliability, according to rate benchmarking platform Xeneta.