Dave Anderson’s Post

What happens now? Not a lot, but I know a lot of people in the supply chain are scrambling now because of the stated goals of the incoming administration. Things like increased tariffs and reshoring are all on the table now. Along with lingering issues like the Jan 15 ILA deadline will probably loom large over supply chains next year. If you're not having these conversations with your executive and (most importantly) financial teams then start today. There's more than enough information bouncing around Linkedin to have an informed outlook for next year. #Supplychain #logistics

Here comes price increases in 2025

Struggling to keep your container shipping budgets in check? Volatile rates can make it tough, but there are strategies to safeguard your budget and stabilize rates, even in unpredictable markets. In a recent article, we explored three key strategies for shippers to gain rate stability and beat market averages. Don’t let volatility derail your operations — learn how to protect your bottom line: https://lnkd.in/geCYHaF4 #shipping #freight #maritimeshipping #logistics #containerfreight #supplychain 

In this video with @SupplyChainBrain, my Crowe colleagues @Dan Swartz and Devin Hall discuss the potential impact of recent #tariff increases on U.S. #manufacturers. https://bit.ly/3MCgkoc   

Labor market cool down combined with decreased spot market rates means it’s time to move away from longer term RFP’s and shorten your quoting cycles.

The Strategic Advantage of Bonded Warehouses for Global Trade Efficiency In today’s fast-paced global economy, cost efficiency and supply chain agility are essential for staying competitive. Bonded warehouses offer a strategic advantage for businesses navigating European markets: 1.       Defer Duty Payments: Delay customs duties and VAT until goods are sold, optimizing cash flow. 2.       Streamlined Inventory Management: Store goods long-term and align with demand cycles, improving operational flexibility. 3.       Faster Market Access: Position products closer to European markets to reduce lead times and meet tight delivery schedules. 4.       Regulatory Compliance & Risk Reduction: Ensure secure, customs-compliant storage for peace of mind. 5.       Cost-Effective Bulk Storage: Import and store in bulk without immediate financial strain, enabling better pricing strategies. Empire Logistics is expanding its reach to support global partners, including those in Europe and Asia, with innovative, bonded warehouse solutions to foster growth and sustainability.   Learn more about us: https://lnkd.in/evVEX8G2 #SupplyChainInnovation #BondedWarehouses #GlobalLogistics #CostEfficiency #EmpireLogistics

https://lnkd.in/eYH8srge Tonight, we're gonna party like it's 2021. Rates have doubled in the past six months and all signs point that pricing will continue to increase. This is not just a logistical challenge; it's a global economic disruptor. If you're hoping to see inflation ease up a bit? Don't hold your breath. Since major media outlets aren't discussing this, I'll break it down. With rising protectionism, both major US political parties have discussed increasing Chinese tariffs. The Biden Administration announced new tariffs building on those from the Trump era, and Trump has threatened to expand and increase tariffs if re-elected. (Note: I know that mentioning Biden and Trump might trigger you to share your personal political opinions. Please don't. I don't care.) On the logistics side, we've got another container shortage. But didn't we have one of those a few years ago? Yep! But surely, we learned from our mistakes and ensured that the global economy couldn't be choked off by a lack of something as simple as an easily manufactured metal box, right? Haha... no. A new container war is being driven by various factors, including the Red Sea crisis and Suez Canal navigation challenges. These have lengthened sailing distances and significantly reduced idle capacity to a mere 0.7% of the total fleet. The result? A surge in freight rates across major routes, from Asia to North Europe and the US East Coast, extending even to secondary trades. The ramifications are profound. Container shortages, reminiscent of the Covid-19 era, are back with a vengeance. Major container manufacturers are booked solid until November, and the scramble for containers pushes freight levels higher as we move into Q3. (https://lnkd.in/eDxBxdFG) In North Europe, shippers' and freight forwarders' frustration is palpable. Spot freight rates have escalated dramatically, with real terms rates for spot cargo reaching $6,000-$7,500 per 40' and projections suggesting they could hit $10,000. This is exacerbated by carriers prioritizing higher-paying spot cargo over contracted volumes, leading to operational disruptions and strategic pauses in shipments. Port congestion in Asia is worsening, with significant delays in Shanghai, Singapore, Qingdao, and Ningbo. This congestion is a ticking time bomb, particularly for routes like Asia-Middle East, where freight rates are skyrocketing and additional surcharges are creeping in. The good thing is that the container lines will ensure that more containers are quickly manufactured to keep the supply chain moving. And if you believe that, I have a bridge I'd like to sell you. No, my crystal ball tells me that the major carriers, who never let a tragedy go to waste, will post some very nice earnings over the next six months.

“Are you Ready for the 2025 Tariff Changes?” The upcoming tariff changes in 2025 could significantly impact your supply chain, with rising costs, compliance challenges, and potential disruptions. But with the right strategy, you can turn these challenges into opportunities. At 4D Supply Chain Consulting, we help businesses: ✅ Optimize duty costs through smarter sourcing ✅Ensure full compliance to avoid penalties ✅Build resilient supply chains ready for the future Don’t let tariffs disrupt your business. Let’s prepare together!   #Tariff2025 #SupplyChainSolutions #4DSupplyChainConsulting 

Pricing in shipping Market

What is your business doing to prepare for promised tariffs next year? "My advice is to buckle up," said Usha Haley, the W. Frank Barton Distinguished Chair in International Business. Paul Magel, president of the applications and supply chain technology division at global IT and outsourcing firm CGS, said now might be a good time for businesses to re-evaluate their entire supply chain. Businesses can use those insights to better negotiate with suppliers. But who has time to re-evaluate their entire supply chain when your employees already have no extra time? This is ERA Groups specialty. Contact me and let's chat about how you can get a risk-free review of your suppliers to help set your business up to thrive in uncertainty. https://lnkd.in/geU_3VaR #ERAGroup #Tariffs #CostSavings #SupplyChain