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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The new issue for the global supply chain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity. And now on to this week’s logistics news.

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The Consequences of Supply Chain Constipation

Enterra Insights

As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supply chain. Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway.

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Cold chain market in Middle East and North Africa expected to hit $41.1 billion by 2030

Freight Waves

Other countries covered in the report include the United Arab Emirates (UAE), Egypt, Qatar, and the rest of MENA, excluding Turkey and Israel due to their already-advanced infrastructure. Reefer-x: A cold chain tech provider offering real-time tracking and monitoring solutions for temperature-sensitive cargo.

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Industry Insights: Cargo Vessel Blocks Suez Canal - Impact on Supply Chain

EnVista

On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. The 224,000-ton vessel measuring nearly four football fields in length, suffered poor weather conditions including 40-knot winds and a sandstorm that caused low visibility.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Cargo Owners for Zero Emissions Vessels (coZEV) launched the Roadmap to 2040 which includes the creation of a new maritime freight buyers alliance, a cargo owner policy coalition, and a green corridor advisory board to enable full decarbonisation of ocean freight. LogiSYM Supply Chain Magazine – December-January 2023.

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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

GlobalTranz

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management.