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Showing research about U.S.

20210517-adidas-corp

Adidas spends to hurdle supply chain challenges, Puma leaps ahead

Adidas reported Q1’21 revenue growth of 20.2% year over year in Q1’21 despite “industry-wide supply-chain challenges”. The firm’s CFO, Harm Ohlmeyer, noted that “freight rates are already up significantly and might see further increases given the container shortages that we have seen” though t... Read more →

20210507-cargo-india-api

Cargo cascade could cut Cadila, Aurobindo drug exports to U.S.

The Indian Drug Manufacturers Association has warned that restrictions on cargo flights to India from China for the pharmaceutical industry could have “cascading effects on its entire supply chain”. China accounted for 75.5% of Indian imports of active pharmaceutical ingredients in the 12 mont... Read more →

20210505-cma-seasonal

Hapag-Lloyd, CMA CGM peak surcharges come without a peak season

Hapag-Lloyd and CMA CGM have applied peak season surcharges to shipping rates from Europe to North America of $500 per FEU (forty-foot equivalent units) and $1,000 per FEU respectively for departures from June 1. For context Hapag-Lloyd’s new rate on Mediterranean to U.S. east coast routes is ... Read more →

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