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$54,000 Ocean Freight Rates: ‘Prices Will Continue to Be Volatile’

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Supply chain disruptions and the early signs of price hikes are beginning to emerge following Russia’s invasion of Ukraine and subsequent sanctions as logistics companies scramble to re-route customer cargo and prepare for worst-case scenarios. A.P. Moller-Maersk said Saturday morning it was working to apply sanctions that were announced and assisting those who are customers…

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