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High Ocean Freight Rates Might Spoil Holiday Season Shopping This Year

Turvo

During the holiday shopping season, sky-high ocean freight rates are major contributors that will strain the industry and shoppers alike. Other intermittent bottlenecks such as port shutdowns and freight policy changes will add to the shipping industry’s woes. Why Planning and Foresight is the Need of the Hour .

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Yellow Corp. (YRC Freight) and Surge Transportation Leave The Stage

Freightera

The third largest US trucking company Yellow (YRC Freight) and Surge Transportation freight brokerage are closing operations: Here’s what it means for shippers and transporters with the commentary from Freightera CEO, Eric Beckwitt Recent developments have sent ripples through the entire freight industry.

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From Globalization to Glocalization

Enterra Insights

There, too, policy has shifted from reliance on the free market and private business towards greater government control.”[3] The Economist staff argues that the decision to glocalize should be left to individual companies rather than having them forced to make that decision by national trade policy. have decided to glocalize).

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Since COP26, a series of deep dive webinars have been conducted on how to design policies for ZE-MHDVs. At COP27, ICAO Council President Salvatore Sciacchitano advocated for the realization of the ICAO Assembly’s decision to reach net zero emissions from air transport by 2050 as the update of the goal requires supportive government policies.

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COP26: 5Zs that changed the world part 2

The Logistics & Supply Chain Management Society

Under the aegis of the UN Global Compact, the International Chamber of Shipping and International Transport Workers, a Just Transition Maritime Task Force has been set up at COP26 to prepare policy and business recommendations to develop skills and jobs required for creating a zero emission shipping sector. About the Authors.

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Digitisation: Shifting Gears in 2021

The Logistics & Supply Chain Management Society

Logistics service providers set up their portals to more efficiently deal with and manage ad-hoc quotations and bookings. They immediately knew where they needed to take action, such as rerouting freight or adding new cross-docking facilities. The book author is FT, Forbes, Fortune, BI and Nikkei contributor.

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The National Truck Driver Shortage is Threatening the Freight Industry

Elementum

The trucking industry, which moves 70% of US freight, has been facing a driver shortage for the past 15 years. The hour-of-service regulation has affected the industry’s productivity, hence the need for more trucks and drivers to move the same amount of freight. Shipping routes and truck sales have been severely impacted.

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