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The World’s Shippers Are Earning the Most Money Since 2008

Supply Chain Brain

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

Price 118
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What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

Experts also predict that the country’s next recession will be unlike the previous economic downturn in 2008 that resulted from the crash of the subprime mortgage market. . One question at the forefront of many Americans’ minds is, “Will this be another 2008 recession?”. Comparing the 2022 Recession with Previous Economic Downturns.

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Nestlé, Kraft defeat egg producers in price-fixing case

Supply Chain Dive

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

Price 130
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Longer Freight Trains Have Created 'New, Heightened Safety Risks'

Supply Chain Brain

The NAS report estimates that the average train length increased by roughly 25% between 2008 and 2017.

Risk 98
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How One 3PL Is Taking On Higher Fuel Costs

Supply Chain Brain

in July 2008. At more than $5 per gallon, diesel fuel has surpassed even the historic peak of $4.70

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Granholm’s Call to Build U.S. Fuel Stockpiles Is a Losing Proposition

Supply Chain Brain

Diesel futures in New York are trading in the widest backwardation for this time of year in data going back to 2008, meaning the product in storage is losing value each day.

Data 98
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Jobs being created as Heads Resourcing moves to new Hedge End home

Procurement Heads

The company, which was founded in 2008, will continue to retain its office presence in Winchester. Heads Resourcing Group, which comprises of Procurement Heads, HR Heads and Executive Heads, is expecting to double its team following the move after 18 months of continued success.