Benchmarking Freight Sourcing 
Fastener News Desk
JANUARY 18, 2023
DENVER–(BUSINESS WIRE)–From new consumer buying patterns to dramatically higher costs for fuel and labor, truckload freight professionals faced fresh challenges in 2022 that have led to a more measured, data-driven approach to 2023, according to a new annual report published by DAT Freight & Analytics.
Fastener News Desk
DECEMBER 8, 2022
Additionally, supply chain constraints continued to ease, with noticeable improvement in ocean freight times commented on by multiple respondents. The Fastener Distributor Index (FDI) was developed as a service to the fastener industry by the FCH Sourcing Network in 2012 to be a new benchmark for the fastener industry.
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Fastener News Desk
APRIL 6, 2024
Demand commentary leaned overall fairly positive but balanced out by a noticeable uptick in comments regarding continued rises in freight/container costs and labor strikes/delivery issues. The FDI is a monthly survey of North American fastener distributors, conducted with the FCH Sourcing Network and Baird. up from 50.5 in February.
Fastener News Desk
SEPTEMBER 11, 2023
per part” and “Inflation is impacting many of the traditional costs of distribution in USA including labor and freight. Product sourcing prices in Taiwan are up 6%, China is slightly down, and containerized freight is down. We have lost orders for less than $0.25 Customers are flat and building to order vs. inventory.”
Fastener News Desk
AUGUST 10, 2023
the residential market) than acceleration or deceleration: “Residential related end users are slow to consume high-cost basis inventory, delaying market price adjustments to account for lower material/freight costs. The FDI is a monthly survey of North American fastener distributors, conducted with the FCH Sourcing Network and Baird.
SMMT
JULY 13, 2023
The group is therefore on target to meet its commitment to global production with 100% bio-sourced, renewable or recycled materials by 2050, with an interim target of 40% for 2030. It is part of the Government’s wider £20 million Zero Emission Road Freight Trial and is delivered using the SBRI (Small Business Research Initiative).
Fastener News Desk
JUNE 24, 2024
Rising freight rates are a new source of concern in the global supply chain with forecasts warning that ocean cargo prices could reach $20,000 — potentially even touch the Covid era peak of $30,000 — and stay there into 2025 according to a new report from CNBC. Just as the Federal Reserve and U.S. Kyle Lindsly-Roach, E-Z LOK.
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