USA Market Insights
Packaging: Improving Customer Satisfaction While Lowering Cost
Supply chain professionals have been forced to adapt over the last three years. Port congestion, equipment shortages, and an unstable labor market have created a market dynamic where many companies are moving their supply chain closer to home.
November 2022 - Ocean Market Update
The decline of ocean volumes from Asia to the USA will likely continue for the rest of the year. Lower demand may help normalize rates. This downward trend will motivate carriers to reduce capacity by voiding sailings to keep rates from dropping to non-compensatory levels. U.S. West Coast (USWC) lanes will experience the greatest impact.