Oil Turmoil Adds Fresh Pressure to Apparel Sourcing Hubs
Rising energy costs are rippling through global sourcing networks, squeezing
SUPPLY CHAINS
Hopes that ocean rates would retreat to pre-pandemic levels are no longer even considered. Even 2023 levels look unachievable – at least in early 2025. Right now, the focus for shippers is trying to estimate how much higher freight rates could go.
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Sourcing & SUpply Chains
Rising energy costs are rippling through global sourcing networks, squeezing
Two-day transit times and duty-free access under USMCA are reshaping
Rising energy prices could be even more disruptive than tariffs
Materials prices face greater upward pressure as geopolitical tensions heat
US tariffs enter a 150-day holding pattern that means continued