Kathy Po

Century Supply Chain Solutions Leverages the Slync Platform to Streamline Origin Logistics and Drive Operational Efficiency Century Supply Chain Solutions successfully integrated the Logistics Orchestration® technology of Slync, Inc. (“Slync.io”) into its VIZIV Supply Chain Optimization Platform to fully automate the ocean freight booking process. The Slync platform supports VIZIV in consuming and interpreting the constant flow of emails andRead more

MARKET UPDATE – FEBRUARY 2023 After a rather pessimistic entry into 2023, early signs from the new year have suggested that the global economic outlook may be a bit less dampened than previously anticipated. The IMF has stated that although the global economy is still poised to slow this year before a rebound in 2024, early attempts to fight againstRead more

Managing the constantly changing ocean freight market can be a complicated process. Spot rates can fluctuate significantly based on shipping lines’ capacity, seasonality, consumer demand, regional market conditions. Century’s new Ocean Freight Cost Management Solution provides visibility to all your contracted carrier rates, NVO rates, and spot rates, systematically recommending the lowest cost option to ensure you always book theRead more

MARKET UPDATE – JANUARY 2023 As the world unpacks a fresh calendar to begin the new year, businesses, and hence supply chain professionals, find themselves still burdened with the same pressures from the second half of the previous year. With the ongoing conflict between Russia and Ukraine, China’s exit from the ‘Zero-Covid’ policy, and fears of a global recession everRead more

MARKET UPDATE – November 2022 The downward trajectory of ocean freight rates, beginning in the third quarter of 2022, seemed like they would perpetually decline until finally settling back down to pre-pandemic levels. However, recent data suggest a minor stabilization of ocean freight rates, from weeks 43 to 48, prior to reaching pre-pandemic levels despite the continuing trend of economicRead more

MARKET UPDATE – October 2022 As mounting inflation and rising energy costs continue to weigh on consumer appetite for spending, the uncertain economic outlook is leading to further downward pressure in the ocean freight market. The widened imbalance between low consumer demand and surplus carrier capacity has led to the steepest decline in ocean freight rates since the start ofRead more