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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. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.

Freight 245
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Supply Chain Success Prompts ToolsGroup-Lãberit Partnership to Expand into LATAM

ToolsGroup

The partnership began in 2021, as ToolsGroup explored more avenues for leveraging its powerful AI-driven supply chain planning solutions. We are also expanding our presence in Latin America, Africa, the United States, the European Union, and the United Kingdom, reflecting our growing interests in these countries.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Accelerating the shift. Image via StarAir.dk). Enter Big Tech.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

This year the annual United Nations (UN) Climate Change Conference (COP26) was held at the SEC Centre in Glasgow, United Kingdom, from 31 October to 13 November 2021. “Even with all new Glasgow pledges for 2030, we will emit roughly twice as much in 2030 as required for 1.5

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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021. MORE FROM THIS EDITION. COP26: 5Zs that changed the world.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Recent oil busts, exacerbated by the pandemic, drove many producers to bankruptcy, but the rebound under way since early 2021 is transforming the economics of the shale industry once more. Carriers, freight forwarders, and shippers that were dealing with the China to North America trade lanes were already operating in crisis mode.

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This Week in Logistics News (February 25 – March 4)

Logistics Viewpoints

It is celebrated during March in the United States, the United Kingdom, and Australia, corresponding with International Women’s Day on March 8, and during October in Canada, corresponding with the celebration of Persons Day on October 18. FedEx Express moves an average of 6.3