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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast.

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Containerized shipping joins modern financial world with CME futures

Freightos

In 2016 many companies abandoned their fixed-price contracts to avail themselves of the low spot market. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. But seriously, what does it mean?

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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This Week in Logistics News (August 29 -September 2, 2016)

Talking Logistics

Help With Shipping Crisis (WSJ – sub. market, and as reported by the Wall Street Journal yesterday: Since the shipping company filed for bankruptcy protection in a Seoul court Wednesday, terminal operators, ports, cargo handlers, truckers and others have refused to handle its cargo, for fear they won’t get paid.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. It’s a bad time to sell for scrap, so more ships are idle. 2016 will continue to be a busy year of consolidation. China’s “Slowdown” Is Good News.

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10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. There’s been several great predictions for logistics in 2016. Well, that’s China’s 2016 prediction. It’s a bad time to sell for scrap, so more ships are idle. 2016 will continue to be a busy year of consolidation. China’s “Slowdown” Is Good News.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.