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Global Trade Magazine knows the difference Century Supply Chain Solutions makes We are thrilled to announce that Century Supply Chain Solutions has been recognized as a Tech-Savvy Leading 3PL Provider in the prestigious 2023 Leading 3PL Provider list, unveiled in the August-September edition of Global Trade Magazine. This recognition underscores our unwavering dedication to harnessing technology for delivering exceptional supply

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Century garners recognition on SupplyChainBrain’s list of 100 Great Supply Chain Partners for the third straight year Century, the tech-focused global logistics service provider powering the supply chains of the world’s companies, has been included in SupplyChainBrain’s list of 100 Great Supply Chain Partners for three consecutive years. Century brings people and technology together to help its customers see problems

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MARKET UPDATE – JULY 2023 Transpacific freight rates recovered slightly throughout July as they began to bounce back from the lows of late June. July closed out with freight rates noticeably above that of a month ago, with Asia-US West Coast rates rising 13% M/M to $1,366, but still 81% lower Y/Y. Meanwhile, Asia-US East Coast rates also rose toRead more

MARKET UPDATE – JUNE 2023 Transpacific freight rates spiked upwards in early June before sharply sliding back down as the month went on. June ended with freight rates heading back down towards where they had seemingly plateaued over the course of March and April. At the end of June 2023, Asia-US West Coast rates dipped to $1,209, representing a 15%Read more

MARKET UPDATE – MAY 2023 Transpacific freight rates spent the entirety of May gradually sliding back down towards where they had seemingly plateaued over the course of March and April. However, despite the month-long decline, they still remain slightly above the price levels observed across the previous two months. At the end of May 2023, Asia-US West Coast dipped toRead more

Century named as Richmond’s Top Workplace for the second consecutive year We are thrilled to announce Century has been recognized as a Top Workplace in Richmond Times-Dispatch Top Workplaces for the second year in a row! The award is based solely on employee feedback gathered through a third-party employee engagement survey administered by Energage, which recognizes companies that have cultivated

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MARKET UPDATE – APRIL 2023 The end of April 2023 saw transpacific freight rates take a dramatic shift against what has been the norm for almost 10 months now, sharply increasing following a month-long period of rather stable but still partially declining rates. Asia-US West Coast spiked upwards to $1,725, representing a 71% week-on-week increase, whilst Asia-US East Coast ratesRead more

MARKET UPDATE – MARCH 2023 The end of March 2023 saw transpacific freight rates falling yet again, with Asia-US East Coast rates decreasing to $2,123 per FEU, a 3% decrease week-on-week, whilst Asia-US West Coast rates have experienced a bit of a slow-down this month, dropping by just 1% week-on-week to $1,016. After a brief period of stability in JanuaryRead 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