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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Freight 250
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Scaling a FreightTech Business with Mark McEntire

The Logistics of Logistics

Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. An experience that was built by freight practitioners for freight practitioners. Freight Settlement Automation: Simplify and streamline freight payment process.

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Changing Developments in North America Transportation and Logistics

Supply Chain Matters

Last week The Wall Street Journal reported ( Paid subscription ) that Stefan Paul, the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023. ” So, we have to be very cautious on that.” All rights reserved.

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Shipper Prep Tips for the CVSA Roadcheck, 72-Hour Capacity Reduction

GlobalTranz

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Real-time transportation visibility platforms tell shippers and their broker/carrier partners where their freight is at any point on its journey. And for our global supply chains, that transformation cannot happen fast enough. Real-time visibility into “static goods” — wherever they may be — is the foundation for managing through volatility.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. At the same time, the number of suppliers in China that received procurement bids declined by 9 percent in 2021.