Why Apathy May Be The Greatest Threat To Your Supply Chain Even before the global pandemic threw a wrench into the supply chain, severe disruptions were years in the making. From 2014 to 2018, drivers reported a 27.4% increase in delays lasting six or more hours. Analysis conducted by the American Transportation Research Institute (ATRI) […]
When one of the largest US freight carriers like FedEx makes a significant change in late payment charges (LPCs)— to the tune of 6% of the total invoice—it has substantial implications for shippers. Because FedEx negotiates different rates with all its customers, those with high freight volumes can negotiate better terms, including late payment charges. […]
In April of this year, one of the largest freight carriers in America suddenly announced that it would start assessing a late payment charge (LPC) of 6% on total past due invoice amounts. The announcement from FedEx would impact thousands of customers who were already struggling under the weight of ever-rising shipping costs. What’s more, […]
As we enter peak shipping season, survey data shows that supply chain leaders are optimistic, but not blind to the challenges ahead.
The semiconductor shortage has hurt countless industries—but the lessons that have come out of it may be indispensable.
Learn how the ongoing effects of the pandemic are causing a container ship traffic jam in California—further exacerbating problems across supply chains.
Even with panic buying behind us, delays across the food supply contain to be an issue, leaving many restaurants and stores short.