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Red Sea and Suez Canal Shipping Crisis Update

Freightos

The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. Europe rates have increased 173% compared to just before the diversion announcements, to more than $4,000/FEU. Europe prices decreased.

Shipping 299
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January 3, 2024 Update

Freightos

Europe prices (FBX11) increased 151% to $4,042/FEU. Europe weekly prices fell 25% to $2.98/kg. Europe – N. Europe rates have increased 173% compared to just before the diversion announcements, to more than $4,000/FEU. So far there have not been reports of any significant air cargo bump, though.

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The History of the Shipping Container

Freightos

Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. Small trucker, Malcom McLean, fumes at slow loading of cargo aboard ship – “There has to be a better way.”. Western Europe selects container standards for rail, also intended for ship and truck.

Shipping 120
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[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. Small trucker, Malcom McLean, fumes at slow loading of cargo aboard ship – “There has to be a better way.”. Western Europe selects container standards for rail, also intended for ship and truck. Significance.

Shipping 120
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This Week in Logistics News (July 4-8, 2016)

Talking Logistics

Air cargo firms feel the pressure from plunge in freight prices (Reuters). Adorable self-driving robots will start making deliveries in Europe this month (Quartz). Global trade volumes fell for the first time since 2009 by 1.7 When the robot arrives, the recipient unlocks it by punching in a security code on a mobile app.

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

ToolsGroup

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. 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. Automotive News Europe ). AlixPartners).