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3 Points of Interest for January 2021

Posted by Mihlfeld & Associates on Jan 11, 2021 1:00:00 PM
  •  Chinese New Year:

            The annual holiday for many Asian countries will come later than it usually does, but even in times for Covid-19 it will have a major impact on manufacturing and production. Any supply chain that includes countries celebrating Chinese New Year will experience a shutdown of some kind during this period. The holiday officially runs from February 11th to February 26th this year. Shutdowns begin a week before the two-week long holiday and production will return to current levels by the end of February.

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Topics: Logistics Management, Outsourcing, Freight Rates, Holiday, COVID-19, 2021

7 Areas to Observe in 2021

Posted by Mihlfeld & Associates on Dec 16, 2020 2:00:00 PM

With 2021 right around the corner, most shippers are still fully-engaged in trying to finish out 2020’s shipping needs as efficiently and cost-effectively as possible. Everyone has done the best they can weathering the freight storm of 2020, but many are wondering if 2021 will bring that much relief or be as volatile as the past 10 months. We at M&A don’t have a crystal ball telling us exactly what 2021 will bring, but we do have a fair forecast of what to look out for in the next year.

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Topics: Cost Reduction, Freight Rates, Shipping, COVID-19, Economy, 2021

Covid-19 and Peak Season 2020

Posted by Mihlfeld & Associates on Nov 17, 2020 8:50:00 AM

Beyond almost every prediction, COVID cases continue to rise as we enter late November, further hindering the economic recovery and reprieve that the logistics industry desperately needs. Even though the economy is trending upward, most companies are still reeling from supply chain disruptions. The coming of Peak Season likely brings a demand increase as much as 50% compared to 2019, which will result in increased rates and transit.

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Topics: Freight Rates, Shipping, Holiday, COVID-19, Economy

FedEx Rate Changes 2021

Posted by Mihlfeld & Associates on Sep 25, 2020 9:17:43 AM

Effective January 4, 2021, FedEx Express (Domestic, US Export and US Import), FedEx Ground, and FedEx Home Delivery shipping rates will increase by an average of 4.9%, while FedEx Freight will increase rates by an average of 5.9%. FedEx SmartPost, Ground Multiweight, and International Premium rates will also increase, but FedEx has not specified those increases. FedEx One Rate and Retail Rates will also change. The company also said that its list of delivery area surcharge U.S. ZIP codes for FedEx Express, FedEx Ground, and FedEx SmartPost are also set to change, beginning on January 4, 2021

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Topics: Insider, Freight Rates

Ocean, Air, and Small Pack Freight Update: August 28, 2020

Posted by Mihlfeld & Associates on Aug 29, 2020 8:45:00 AM

Ocean Freight

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Topics: 3PL, COVID-19, Economy

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