As we navigate through the uncertainties marking the end of the first quarter of 2024, the supply chain landscape presents a myriad of challenges and changes. At the heart of staying ahead in this dynamic environment is the annual Transpacific Maritime (TPM) Conference, a pivotal gathering in March 2024 that drew industry leaders, including the management team from Canaan Group, …
Balancing Cost and Reliability
Most customers direct much of their focus on cost per TEU, kg, CBM, or other metrics. However, only a few customers focus on the reliability of deliveries as a KPI. The reliability factor introduces some hidden costs, including cash flow management, inventory stock, and delayed payments for the final cargo delivery. Canaan Group continues to track and emphasize costs and …