Import demand dip hasn’t fully manifested but is sign of things to come

Companies are ordering less goods, which should not be a surprise

Chart of the Week: Inbound Ocean TEU Index, US Customs Maritime Imports TEUs – USA  SONAR: IOTI.USA, CSTEU.USA

The 36% drop in import volumes reported earlier this month has not materialized domestically yet and may not for several months, depending on your place in the supply chain. The Inbound Ocean TEUs Volume Index (IOTI) measures trends in TEU volumes that companies book by departure date from their ports of origin. With an...

https://www.freightwaves.com/news/import-demand-dip-hasnt-fully-manifested-but-is-sign-of-things-to-come

FOSC keynote: Companies should embrace optionality to manage uncertainty

Two men sitting in chairs on a stage and talking to each other.

Providing multiple options on how best to manage freight may be the optimal way for supply chain stakeholders to utilize the many streams of data that come their way, according to Michael Schrage, a research fellow at the Massachusetts Institute of Technology Sloan School of Management.

In a keynote address at FreightWaves’ Future of the Supply Chain summit in Northwest Arkansas Tuesday, Schrage, a fellow at Sloan’s Initiative on the Digital Economy, outlined reasons why optionality should be...

https://www.freightwaves.com/news/fosc-keynote-companies-should-embrace-optionality-to-manage-uncertainty

Serena Williams backs supply chain management platform Calico

Tennis legend Serena Williams is backing a supply chain management company

Serena Williams is used to getting Grand Slams on the tennis court — her 23 major singles titles outrank every man or woman to ever play the sport, other than the legendary Margaret Court. But having dominated tennis for decades, Williams is turning to business, having just raised $100 billion for her new venture capital fund, Serena Ventures.

Now she’s looking for her first grand slam investment, and she may have just found it in supply chain management company Calico. On Tuesday, the...

https://www.freightwaves.com/news/serena-williams-backs-supply-chain-management-platform-calico

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon