Author: adminmaster

Inventory levels that surged during the pandemic are down and companies are reluctant to build new stockpiles Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Merchants have worked through the excess inventory that piled… Continue reading Retailers Return to Bringing in Inventory ‘Just in Time’

Average costs to ship a container have more than doubled in one month Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply… Continue reading Ocean Shipping Rates Surge as Red Sea Attacks Continue

Waltham, Massachusetts-based TruBlu Logistics, a subsidiary of Fresenius Medical Care North America, says it is divesting its private long-haul fleet in early February and will transition cross-dock shuttle operations to another logistics company by the end of February. The moves are expected to affect around 150 of Tru Blu’s 600 trucking jobs. TruBlu Logistics is… Continue reading Medical logistics company divesting trucking, cross-dock operations