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Here’s When Experts Expect Port Congestion to Ease

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The Freightos Baltic Global Container Index (FBX) climbed 6 percent in February to another FBX-high of $4,295 per 40-foot container or equivalent unit (FEU), a 223 percent annual increase, driven mostly by still-surging volumes from Asia to the U.S. West Coast, according to Judah Levine, research lead at the online freight marketplace. “The sustained surge…

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