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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. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

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5 Reasons Why Carriers Are Customer-Obsessed

Freightos

Open up LinkedIn and check out the profile of senior salesperson at a freight forwarder or carrier and you’ll probably see several top-tier providers as previous employers. The best of them accumulated books of business contacts, which moved companies with them. This holds for freight. Freight digitalization reduces cost.

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The State of Digital Freight: The 4×4 Blueprint for Freight 2020

Freightos

The journey to digitize freight, while initially off to a slow start, has gained momentum in the last two or three years. They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Online freight booking. Technology.

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

The number of vessels waiting to cross the Panama Canal has reached 154, and slots for carriers to book passage are being reduced in an effort to manage congestion caused by ongoing drought conditions that have roiled the major shipping gateway since the spring. The number of pre-booking slots was reduced to 14 daily from 23.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. Accelerating the shift. Image via StarAir.dk). of the U.S.

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Ikea warns of product delays after Red Sea attacks

Operations and Supply Chain Management

But one major shipping firm claimed the disruption will not lead to empty shelves in shops. But one major shipping firm claimed the disruption will not lead to empty shelves in shops. Iran-backed rebels have used drones and rockets to target foreign-owned ships transporting goods through the Bab al-Mandab Strait and the Suez Canal.

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E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network

E2open

E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network. Today, one out of every four ocean containers shipped globally is booked through the INTTRA platform. MONDAY 22 OCTOBER 2018.