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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. ” I assume that Phil tries to ignore the pomp and circumstance of how his shadow would determine the upcoming weather pattern, and just wants more sleep (like the rest of us on a cold winter’s day).

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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Doing Our Part To Help Logistics Companies Adapt to COVID-19

Freightos

Land travel restrictions in Asia extended Chinese New Year, dropping ocean freight demand, which, just weeks later, spiked when the shutdown ended. FBX 01 (China – US West Coast) over the last three months of COVID-19. Email responses are obsolete in just minutes and only digital solutions can keep essential freight moving.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

You’ve seen the Suez Canal memes, you know furniture is taking way longer than usual to get to your door, and you may have even heard about Pelotons shipped by air to reduce delivery times. And it’s not just ocean freight. A third of all cargo is carried in passenger planes. Credit: Lufthansa ).

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Tight container market creating capacity issues for shippers

Turvo

And it wasn’t just about docks and warehouses. Continuing trade imbalance between the US and China has resulted in squeezing container availability further. According to consultancy firm Descartes Datamyne , shipments are at an all-time high. A problem also linked to shipping companies. What happened to the containers?

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

I believe many of us are spending an abundance of time reading about the Russia-Ukraine war. Its largest export markets are Russia, China, Germany, Poland, and Italy. However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. Beyond Fossil Fuels. Then There is Cyber.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The two recent crises in global trade – the outbreak and the US-China trade war – show how vulnerable small and medium size businesses (SMBs) can be to shocks to the supply chain, but also point to ways to mitigate that risk. That digital reach extended to importing as well. Coronavirus Impact. The Trade War Impact.