Supply Chain by the Numbers: September 26, 2007

Supply Chain by the Numbers

-September 26, 2007

The Numbers Worth Knowing this Week in Supply Chain and Logistics

This Week: Just Say Overcharge It; Only a Kitten's Share of Global Imports Go to the US; Wages of Sin?; Ore Producers Strike Steel Industry While the Iron is Hot



6.5 billion
The amount of overcharge US rail carriers overcharge shippers for fuel surcharges from 2003-2007, according to a study performed by researchers Snavely King for the American Chemistry Council. See Does the Charge of Railroad Gouging on Fuel Surcharges Hold Up Under Analysis?

14.3%

The US’ share of total global imports last year, down from 18.8% in 2000, but a level that was reached in the 1990-91 recession.


$75
The approximate average fully loaded hourly cost for US automotive workers, before the current settlement between the UAW and GM, which should reduce those costs. Toyota’s US hourly costs are about $48 per hour.




50%
Astonishingly, the percentage increase many expect iron ore producers to raise prices to steel makers this year. Steel prices to manufacturers may rise 10% or more.