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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

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Top Suppliers of Transportation Execution and Visibility

Logistics Viewpoints

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

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E2open’s Ocean Shipping Index Reveals Notably Improved Cross-Ocean Transit Time for Global Freight Deliveries

E2open

Latest report highlights how lessened demand for goods from Asia has continued to reduce port congestion, resulting in an average eight-day decrease in total time from booking to receipt compared to the year-ago period. There was also a notable reduction in the booking-to-gate time for shipments out of Asia.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

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Russia’s Arctic Expansion: The Future of Global Shipping

SCMDOJO

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. The country has a fleet of nuclear icebreakers, which can help open up and control Arctic trade routes, making trade between Asia and the West faster and cheaper.

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4 Steps to Streamline Global Shipping

QAD

With a standardized global shipping solution, all sites operate and adhere to the same procedures, workflows and processes. Additionally, global shipping is further complicated with fluctuating fuel costs, increasing customer expectations, soaring parcel shipments and other factors. Step 1: Automate Compliance.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. percent to 4.5