Is 2023 going to be the year that the logistics sector returns to ‘normal’ which would be pre-pandemic norms? Many factors within the supply chain remain vulnerable to many external events such as the economy, inflation, fuel prices, and more. With so many external forces, predictions remain hard. Impact of a Recession on Logistics in […]
Since the COVID-19 pandemic, disruption and uncertainty have plagued the supply chain. A survey was carried out by Coupa Software (NASDAQ: COUP) who is a leader in Business Spend Management (BSM) that found that 82% of supply chain management forecast greater challenges throughout 2023. In 2022, four out of five organizations encountered a serious supply […]
On February 3rd, the Customs and Border Protection (CBP) extended the requirements for customs broker employees in the ACE Portal. They are giving customs brokers “additional time to comply with the requirements and allow for the implementation of technical fixes in ACE.” CBP announced: “All brokers will have until April 14, 2023, to satisfy the […]
During the COVID19 pandemic ports in such places as Los Angeles dominated the headlines. In the early part of 2022, a near halt occurred in shopping which impacted the world. However by 2021, the demand for good skyrocketed and consumer purchasing become unquenchable. The ports, such as L.A.-Long Beach port complex in Southern Californian became […]
Sunny and beautiful Orlando, Florida is home to Sobel’s Nationwide Pricing Office and a team of experienced experts led by Regional Pricing Manager Belinda Perrot. When asked what makes the station great, she had this to say, “Our Orlando team is known for their quick response and fast action. We are all excited and motivated […]
The supply chain is improving, but not fast enough for many. Consumers continue to see high prices and unrest remains. One of the ongoing problems impacting logistics remains severe worker shortages. Suzanne P. Clark the U.S. Chamber of Commerce president stated in an interview: “Business demands better from our government because when it comes to […]
The United States Customs and Border Protection (CBP) recently announced the broker permit user fees for fiscal year 2023. Broker permits are required to legally conduct business as a customs broker, which is an individual that facilitates the importation of goods into the US. The fees are meant to cover the cost of performing necessary […]
The pandemic-driven shipping surge is ending. As 2023 starts, the monthly import cargo volume has fallen to the 2 million TEU mark at container ports. The Global Port Tracker report predicts the number will remain low throughout spring. Jonathan Gold, the NRF vice president for supply chain and customs policy, stated, “Ports have been stretched […]
As 2023 dawns, China has lifted many of its COVID-19 regulations which have led to a surge in cases. The burgeoning cases are impacting manufacturing orders. Logistics managers are warning their clients that factories might not be able to complete orders. As it stands, order fulfillment has already started to plunge by 40%. Ocean bookings […]
If you have shopped recently then you have probably been shocked at the prices at the grocery store. In 2022, they have risen over 13 percent. Many things have led to the increase such as climate change, Covid-19, and livestock problems. Food companies are also taking advantage of the situation to increase prices which renders […]
