Freightos

DECEMBER 19, 2023

Together with ZIM who was already diverting their Red Sea traffic, these carriers represent 56% of global capacity, meaning an estimated 17% of global volumes will be taking a longer, more expensive route from Asia around the southern coast of Africa to N.Europe and the Mediterranean, as well as some Asia – N. America traffic.

Negotiating Skills 223

Negotiating Skills Asia Europe Optimal Sourcing 223

Supply Chain Matters

JANUARY 9, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Such efforts indeed occurred as was added evidence.

Predictive Analytics Software 52

Predictive Analytics Software Material Savings Agile and Lean Supply Chain Sourcing Strategies 52

Logistics Viewpoints

MAY 10, 2024

Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Mexico Minnesota Logistics 223

Enterra Insights

FEBRUARY 20, 2024

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 patrol the Horn of Africa. billion to upwards of $8 billion a year.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Security Supply Chain Software Global 130

Resilinc

JANUARY 15, 2024

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.

Industrial 111

Industrial Industry United Arab Emirates Pakistan 111

Supply Chain Matters

FEBRUARY 5, 2024

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. The January 2024 reading of 50.0 increased 1.1 percentage points from the 48.9

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Matters

JANUARY 19, 2024

The Supply Chain Matters blog provides our readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas 2023 holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption. East Coast.

Shipping 52

Shipping Transportation Supply Chain Planning Software Scenario Planning 52

Supply Chain Matters

DECEMBER 20, 2023

Supply Chain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supply chain disruption as a result of recent events. Teams have vivid memories of the grounding accident of the mega container ship Ever Given as this ship was attempting to transit the Suez Canal toward Europe.

Global 52

Global Panama Asia 52

Supply Chain Matters

JANUARY 5, 2024

The Supply Chain Matters blog provides readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption.

Shipping 52

Shipping Panama Los Angeles Cost Reduction Strategies 52

Logistics Viewpoints

JANUARY 5, 2024

Later this month the nominees will be announced for the 2024 Oscars. It has forced ships to reroute around the southern tip of Africa, driving up the cost for vessels for the longer voyage, though rates are still far below pandemic levels reached in 2021. One category that has always been interesting is Best Adapted Screenplay.

Logistics Network Optimization Software 218

Logistics Network Optimization Software Logistics California India 218

Resilinc

DECEMBER 21, 2023

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61