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Ocean Freight Sees Five-Day Delays Amid Strengthening Q3 Global Trade

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.

While freight rates on major East-to-West ocean shipping routes have climbed higher through the second and third quarters, carrier service levels and on-time arrivals of container ships have plummeted amid increasing demand to close the holiday season. Through the end of the third quarter, on-time carrier reliability was below 50 percent on shipments from Asia…

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