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

Logistics Viewpoints

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. Most people consider themselves lucky to witness the phenomena.

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The Great Maersk Shift

Freightos

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. While not outrightly linked to this release, Maersk, now a shipping line and forwarder, terminated its key account status.

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

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.