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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

History of Alliances in Container Shipping Source: Port Economics, Management and Policy What are Global Shipping Alliances (GSAs) in the shipping industry? The alliance was formed in 2014 and covers major shipping routes between Asia, Europe, and North America. The 2M alliance will be disbanded in 2025.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. As early as 2025, at least 50 percent of new Porsches sold will include an electric drive.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

percent drop in cargo volumes. According to data from Bloomberg Intelligence , container trade for the Asia to North America segment fell 26 percent during Q1 of this year. Hapag-Lloyd , the fifth largest container line by capacity reported a 33 percent decline in revenues in its first quarter with a 4.9 Imports among the U.S.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Consultancy UK).

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Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

This contract is characterized as the single largest private-sector collective bargaining agreement in North America. Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan.