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This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

And now on to this week’s logistics news. The US, Norway, and Britain joined forces with companies including Amazon and Nestle to launch a project aimed at protecting the world’s tropical forests. The distribution hub will be operated by XPO Logistics Supply Chain, which has already started hiring.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Other aviation commitments include ensuring effectiveness of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), promoting the development and deployment of sustainable aviation fuels (SAF), and capacity building. Shipping Routes: Clydebank Declaration.

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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU.

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China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown. When it comes to air freight, global capacity is down 22 percent compared to last year, with further declines expected. Ocean Freight. Air Freight.

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This Week in Logistics News (March 27 – April 3)

Logistics Viewpoints

And now on to this week’s logistics news. America’s imports are stuck on ships floating off LA. While the shipping bottleneck from the Ever Given should begin to dissipate, another bottleneck in the US looms: port congestion. And more ships keep arriving, making the congestion worse. That’s all for this week.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping.

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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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