Supply chain complications and the ever-evolving pandemic have meant strange times for the container shipping industry, including port congestion and wild price fluctuations. There’s also a massive shipping container shortage playing out. If anyone was hoping that things would eventually return to normal, that’s not looking to be the case.
Securing $59 billion in profits for the first quarter of 2022 certainly was a promising achievement, as it set new records and was driven almost entirely by competitive pricing. However, it doesn’t change the arduous state that the logistics and shipping industry is currently facing.
Those shipping and container prices will continue, and all-time highs may also occur, but it’s still important to consider the primary factors for these trends. What else is causing a high markup in shipping container prices? Is it port congestion, demand, and freight increases, or is it something else entirely? When is the shortage going to end?
Vince DeAngelis is 34-year veteran of the shipping and mailing industry who joined Shippo in January 2021 as its Vice President of Global Carrier Partnerships.
Before that, he spent 10 years at Quadient where he managed all aspects of their carrier partnerships, as well as shipping product and program management and U.S. based R&D.
DeAngelis spent the first 20 years of his career working for the United States Postal Service. His roles at the USPS included Manager of Ad Mail Sales Development in Windsor, Connecticut, and Regional Director of the New York Sales Center before being named National Director of Sales and Business Development and Director of Brand Management, Value Added and Special Services, in Washington D.C.
Joe Hansen is a seasoned entrepreneur and business executive and the CEO & Founder of Buy Box Experts. He cofounded and sold four other companies prior to starting Buy Box Experts in 2013, quickly growing it into one of the most profitable and invaluable digital performance marketing agencies for merchants on Amazon.
In 2015, he also co-founded the PROSPER Show with James Thomson where they were responsible for growing the business from a two-person startup to the largest U.S.-based educational conference for Amazon Sellers. The company was successfully sold to Emerald Expositions (NYSE: EEX) at the end of 2017.
Hansen developed The Marketplace Flywheel®, a proprietary brand and revenue optimization process that the Buy Box Experts team of 200+ employees use to create quick and long-term growth for brands on Amazon.
Want to know how to grow your business and brands on various ecommerce marketplaces, particularly Amazon? Hansen has the answers you’re seeking.
Fishbowl has helped thousands of businesses thrive in new and exciting ways with the help of its business automation platform. Businesses are able to cut down on expenses and save time by better utilizing the resources they already have. Fishbowl helps them make the most of their inventory, warehouse space, and other logistical assets.(more…)
Are you familiar with multi-currency conversions? They’re not just important to accountants, but to anyone working with inventory values and multiple countries. Let’s have a conversation about manual and automatic multi-currency conversion.(more…)
Fishbowl has another amazing video case study to share with you. And this one is unique because it is the first Canadian company to be featured like this. Fishbowl Canada is designed to work for Canadian businesses, the same way that Fishbowl Manufacturing and Fishbowl Warehouse are meant for mainly American businesses and organizations.(more…)
Two Fishbowl employees recently visited the Taj Mahal in India. Alex Rose and Jeff Bullough, who work in Fishbowl’s Training & Support and Development departments, respectively, exemplify Fishbowl’s adventurous spirit.They went to India to meet with representatives from a nonprofit organization called NEI (Nutrition and Education International). NEI was formed in 2003 in Afghanistan. So, if you’re following me, two employees at a Utah-based company flew to New Delhi, India to train people from Afghanistan on how to use Fishbowl software.(more…)
Welcome to another installment in the Did You Know series where we explore interesting and important insights into Fishbowl and its features.Last week I noted that there is an Australian Fishbowl version that gives businesses Down Under the same manufacturing and warehouse management features as the ones available in the U.S. version of Fishbowl. This time I’ll talk about Fishbowl Canada.(more…)
Fishbowl isn’t just for companies in the United States. It has gone global because every country has inventory and warehouses they need to manage. That is why, since 2011, Fishbowl has been available Down Under in the form of Fishbowl Australia.Fishbowl Australia has pretty much all of the same software features that the U.S. version of Fishbowl has. But Australia and New Zealand have different tax laws, so that’s why Fishbowl needed an Australian version, which differs in three main ways from the U.S. version:(more…)
For years, conventional wisdom has held that outsourcing work to countries with inexpensive labor can save businesses money. Lately, however, talk has turned to “reshoring”—buying the components you need in your manufacturing business from suppliers based in the United States. The following are some of the benefits the manufacturing industry can reap through buying domestic.(more…)