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Red Sea and Suez Canal Shipping Crisis Update

Freightos

Regional tensions continue to grow, with an Iranian warship entering the Red Sea on Sunday and Iran’s news agency stating that Iranian naval vessels have periodically been in the Red Sea “” to secure shipping lanes, repel pirates, among other purposes since 2009.” These rates are more than double prices in January 2019.

Shipping 306
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January 3, 2024 Update

Freightos

International tensions are rising as the UK is considering targeting Houthi positions in Yemen and Iran moved a warship to the Red Sea on Sunday, stating that Iranian naval vessels have periodically been in the Red Sea “”to secure shipping lanes, repel pirates, among other purposes since 2009.” Rates to N.

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This Week in Logistics News (February 11-15, 2019)

Talking Logistics

NEMF Files for Bankruptcy, XPO Warns on 2019: Is the Party in Transportation and Logistics Ending? percent in December , the largest drop since September 2009, according to the U.S. XPO Logistics mentioned a similar problem when it downgraded its outlook for 2019. Billion Deal for Ceva Logistics (WSJ – sub. Census Bureau.

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

ToolsGroup

As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. compared to November 2019, or a 4.2%

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

A steep, across-the-board decline in imported cargo , exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic. The rooftops of medium and large warehouses built before 2019 could produce 185.6 Generating the full 185.6

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Bed Bath & Beyond @BedBathBeyond Bed Bath & Beyond has discovered a way to save millions of dollars on freight over the next few years, thanks to a new 755,000 square-foot distribution facility slated to open in the fall of 2019. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.