G4 Logistics News

Container imports to US ports have dropped. West coast imports were down 26% in October. As labor issues out west push containers to more stable labor pools in gulf and east coast ports, the average price per container from Asia to the US settles around $3,200 per FEU (forty-foot equivalent unit). Just three months prior we were seeing $8,500 per container. Things are different this year with this 62% drop in container price from August to November (Peak Season). We find a few interesting points when digging deeper to see what this can mean for our clients. 

A year into using a 4-day workweek schedule we have learned a lot...and it is worth it.  The discussions leading up to January 1st, 2022, were around making a 4-day work week a company benefit. In a high-touch service and operations organization, we understand customer service and response time can't slip. Our operating KPIs were set.  If we were not able to at least maintain performance, we would have to roll back to the 5-day schedule.