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Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions

Freightos

More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.

Cargo 217
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The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing

Logistics Viewpoints

It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. According to McKinsey, an auto manufacturer, on average, has around 250 tier-one suppliers – and 18,000 across the full value chain.

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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. This disruption affects various industries, including suppliers for global retailers and car manufacturers. On January 11, the U.S.

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

ToolsGroup

49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Nikkei Asia ). Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. Consultancy UK). Source: Consultancy.UK.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Porsche looks to advance its efforts against CO2 emissions by calling upon its nearly 1,300 suppliers to only use renewable energy in manufacturing components for its vehicles. Notably, the 767 is around 30 percent more efficient than the MD-10s that were phased out. Rob Spilman Jr.,

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Drought in China Impact on Supply Chain The Yangtze River Basin, home to Asia’s longest river, boasts a staggering annual cargo volume of over 3 billion tonnes.

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Tight container market creating capacity issues for shippers

Turvo

The shortage of containers also drives up the cost of new containers, as manufacturers increase their prices in response to strong demand. Containers from Asia were shipped to North America, but due to COVID-19 restrictions, almost nothing moved in the opposite direction. Fewer ships in operation .