Shipping & LogisticsIndustry news
Trans-Pacific shippers ‘leaving money on the table,’ says analyst
Shippers should consider U.S. West Coast import gateways for significant cost savings, even with added inland logistics. “If a shipper has the flexibility of importing goods into U.S. West Coast instead of East Coast, then they must seriously consider it because there is dramatic savings potential, even if it means a heavier reliance on truck and rail to reach the final destination,” said Xeneta Chief Analyst Peter Sand. “This underlines the dynamic approach supply chain professionals must take in managing resilience and freight spend during major market shocks.” While spot rates on the trans-