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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. As of January 11, Volvo Car AB has suspended production at its plant in Ghent, Belgium, for three days. On January 11, the U.S.

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Supply Chain Experiencing High Rate of Terrorist Attacks

Material Handling & Logistics

Attacks on global supply chains by terrorist groups have hit the highest rate ever as have associated costs, according to a report recently released by BSI. The variety of attacks include targeting the oil infrastructure, hijacking and cargo theft through to contraband smuggling, extortion and kidnapping schemes. .

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The Day a Cyber Attack Brings the World’s Supply Chains to a Halt

Talking Logistics

As reported by Wired in an article titled How a Computer Outage Can Take Down a Whole Airline : If you’re starting to think this kind of thing happens a lot, you’re right. The organised crime group allegedly used hackers based in Belgium to infiltrate computer networks in at least two companies operating in the port of Antwerp.

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8 Things to Know in Shipping, Freight, Logistics & Supply Chain this Week

Intelligent Audit

Because the supply chain’s design only operates smoothly under ideal circumstances, FreightWaves reported that the post-COVID world , “will remain under constant threat of disruption for the next decade, especially amidst the “conflict between environmental, social and governance (ESG) goals and supply chains optimized for cost and speed.”

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Comparing and Contrasting Mom with QAD Adaptive ERP

QAD

First of all, Mom has no knowledge of tax statutes and reporting deadlines in Belgium, while QAD Adaptive ERP has no knowledge of how much gasoline or round steak cost in 1952, or how muscular my Dad was when he was in the Army. Mom’s memory is not what it once was, so she sometimes forgets to point out dumb stuff I’ve done.

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Global Cargo Monitoring / Cargo Tracking: Police warning after drug.

Global Trade Management

Global Cargo Monitoring / Cargo Tracking. Cargo monitoring could not only be used to prevent trafficking drugs - but also to prevent smuggling huge amount of money in containers from one country to another. **. Reporter, Today programme. arviem real-time cargo monitoring. By Tom Bateman. Email: reidy@arviem.com.

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Freeports: The 2022 Guide

Unleashed

Croatia has the highest number of freeports in the EU with Austria, Belgium, Finland, Ireland, the Netherlands, Slovakia, and Sweden having none. In April 2019, prompted by reports of tax evasion and money laundering occurring in freeports, the European Parliament called for their closure across the EU.