-
6 days ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Rocky Brands has “ample time” to transition production away from China thanks its efforts to frontload inventory ahead of tariff hikes from the U.S. in April, COO and CFO Tom Robertson said on an April 29 earnings call.
-
6 days ago | 
retaildive.com | Kelly Stroh
Mattress Firm aims to streamline its inventory management processes through an artificial intelligence-powered platform, according to an April announcement. UsingInvent.ai technology, the retailer will aim to upgradedemand forecasting and distribution center replenishment, the release said. Invent.ai’s forecasting capabilities leverage AI to make inventory projections, versus sales expectations, to improve stocking decision-making, according to the technology provider’s website.
-
1 week ago | 
finance.yahoo.com | Kelly Stroh
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Mattress Firm aims to streamline its inventory management processes through an artificial intelligence-powered platform, according to an April 14 press release. Using Invent.ai technology, the retailer will aim to upgrade demand forecasting and distribution center replenishment, the release said.
-
1 week ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Average ocean container spot rates from Asia to the U.S. West and East Coasts have stayed flat since mid-April at $2,790 and $3,830 per forty-foot equivalent unit, respectively, Xeneta reported May 2. Year to date, West Coast-bound container spot rates are down 52%, per Xeneta. Spot rates to the East Coast are down 44%.
-
1 week ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Mattress Firm aims to streamline its inventory management processes through an artificial intelligence-powered platform, according to an April 14 press release. UsingInvent.ai technology, the retailer will aim to upgradedemand forecasting and distribution center replenishment, the release said.
-
1 week ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. The elimination of the de minimis exemption for shipments from China and Hong Kong to the U.S. is expected to spark major turbulence for e-commerce volumes and the overall air cargo industry, according to a May 2 Xeneta report. A decline in demand due to the change, which went into effect Friday, would complicate carriers’ capacity planning.
-
3 weeks ago | 
retaildive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Funko appointed Cliff Engle as senior vice president of distribution, logistics and operations, effective April 7, according to a press release. In his new role, Engle will oversee Funko’s global distribution and logistics operations, including its primary U.S. distribution center in Arizona and facilities in the U.K. Engle will also work to advance the company’s end-to-end supply chain strategy, per the release.
-
3 weeks ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Funko appointed Cliff Engle as SVP of distribution, logistics and operations, effective April 7, according to a press release. In his new role, Engle will oversee Funko’s global distribution and logistics operations, including its primary U.S. distribution center in Arizona and facilities in the U.K. Engle will also work to advance the company’s end-to-end supply chain strategy, per the release.
-
3 weeks ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Shippers and freight forwarders are stalling on making longer-term commitments on air cargo capacity as international trade tensions heat up, according to an April 3 Xeneta report. Seventy-nine percent of shipper contracts negotiated in Q1 were short-term agreements of three months or fewer, up nearly 20 percentage points year over year, Xeneta said. Forwarders are opting to keep about 45% of volumes on the spot market.
-
3 weeks ago | 
supplychaindive.com | Kelly Stroh
This audio is auto-generated. Please let us know if you have feedback. Ocean container rates from Asia to North America saw a slight uptick last week as the Trump administration’s tariff-driven trade strategy roils global markets, Freightos reported Wednesday. Rates from Asia to the U.S. West Coast were up 10% week over week to $2,465 per forty-foot equivalent unit, per an April 16 market update. Rates to the East Coast went up 3% to $3,647 per FEU.
