Introduction
In early 2022, the freight market was marked by volatility, with port congestion and soaring rates challenging supply chains. Companies needed to adopt agile logistics practices and invest in technology to stay afloat.
Freight Market Turbulence
Container freight rates hit all-time highs, then declined as congestion eased. Understanding these swings was crucial to making informed decisions.
Mitigation Strategies
Flexibility became vital—alternative carriers, multimodal routes, and buffer inventory helped businesses weather logistics turbulence.
Visibility & Tech
Real-time tracking and analytics tools enabled companies to anticipate delays, adjust operations, and maintain service levels.
Key Takeaways
- Freight rates were highly volatile in 2022, impacting cost planning.
- Agility in logistics operations helped reduce the impact of disruptions.
- Visibility tools gave businesses a critical edge in maintaining delivery performance.
📞 Call to Action
Need help building a more resilient logistics strategy? Contact GP Consulting to evaluate and optimize your freight operations.
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