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Logistics Report: Forecasting More Shipping Delays; Cargo Swamps Airports; Alibaba’s Shifting Compet ition

Operations and Supply Chain Management

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Freight heavyweight J.B. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Nikkei Asia). Cargo Facts). By Paul Page. Advertisement.

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What is “World Logistics Passport” initiative?

Shipsy

“World Logistics Passport” is a Global freight loyalty programme launched under the directives of Sheikh Mohammed bin Rashid Al Maktoum – Vice President and Prime Minister of the UAE and Ruler of Dubai – at the World Economic Forum in Davos “ ” to increase opportunities for trade between emerging markets.

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Interoceanic Passages

Abivin

These routes are typically found connecting important marketplaces with active commercial trade systems, such as Western Europe, North America, and East Asia. This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively.

Panama 52
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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. Increased Shipping Rates from Red Sea Crisis The Red Sea crisis is expected to keep freight rates elevated through at least February.​