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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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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

An escalation in conflicts, such as the Israel-Hamas conflict or a shift in Houthi targets to oil tankers and bulk carriers, could have severe implications for the global economy. The cost for a 40-foot container journeying from North Asia to Europe has surged over 600% , reaching $6,000 since the outbreak of the Israel-Hamas war in October.

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10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

However, there must be consensus within the organisation about definitions and the right source of information for important reports. Supply Chain Media and consultancy firm Involvation have developed this checklist to provide insight into the added value and the potential of your current S&OP process. Anticipate. Isle of Man. Kazakhstan.

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