Logistics Recap

April 24th – April 30th

Rising ocean shipping costs to bring wave of higher prices

Research from the International Monetary Fund substantiates the correlation between “volatile” global shipping costs and inflation.

Read More Here Freightwaves

 

Railroads say higher volumes, labor constraints present obstacles to better services

Carriers laid out plans to reduce operating inventory and ramp up hiring during an emergency hearing. But executives noted relief is likely months away.

Read More Here Supply Chain Dive

 

Environmental, Social, Governance and Procurement – It’s time to take charge

On paper, enterprises proudly tout their corporate responsibility efforts. In reality, environmental, social, and governance (ESG) practices are almost always pitted against an organization’s core goal of ensuring the bottom-line impact of procurement and supply chain activities.

Read More Here SupplyChain247