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

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. United Airlines – the largest of the three in terms of cargo volumes – registered a 31.1

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The most obvious impact was the disruption of traffic and transportation. The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. The port serves as a gateway for exporting coal to Europe, Asia, and South America, as well as importing coal from Canada and Colombia.

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Addressing Challenges in Global Logistics Operations with Technology

DELMIA Quintiq

This meant a huge movement of goods from East Asia to Western Europe and America, creating an asymmetry in demand as well as freight rates. Similar behavior was seen across road transport and air cargo.

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2020 Trends in Freight Transportation, and the COVID-19 Impact

Logistics Bureau

Now the entire freight transportation industry, across air, ocean, road, and rail sectors, is awash with disrupted expectations and has retreated into survival mode. Air Freight Transportation Trends 2020. Record Capacity Declines and Price Increases. Year-on-year capacity declines are significant, to put it mildly.

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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

Vásquez told the Associated Press, “In the first quarter of the fiscal year, the passageway saw 20% less cargo and 791 fewer ships than the same period the year before.” 6] Float Europe, “ The impacts of rising sea levels on the world’s ports ,” Innovation News Network, 15 December 2023. [7]

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Increased Demand and Reduced Capacity Prove a Challenge for Air Freight Market

CH Robinson Transportfolio

This drop in capacity resulted in demand outweighing supply and therefore, air prices multiplying as global trade needed to continue. Airlines have adapted to the changing market by introducing cargo only flights, with minimal schedules to keep global trade moving. The market has been impacted at varying levels. Our role at C.H.