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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This optimism is buoyed by the fact that 55% of importers have their inventories in check, anticipating a stronger freight demand in the coming year.

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January 30, 2024 Update

Freightos

Judah Levine January 30, 2024 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) increased 38% to $4,099/FEU. Europe prices (FBX11 Weekly) fell 1% to $5,456/FEU.

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Molex Prizes Agility

Logistics Viewpoints

Those shipments can move directly to customers or move to several regional distribution centers (DCs) that serve as forward inventory locations and consolidation hubs servicing customers and channel partners. The 2010 Eyjafjallajökull volcano eruptions in Iceland, for example, caused enormous disruption to air shipments across Western Europe.

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Where’s My Inventory? Managing Disruption Across Multiple Supplier Tiers

BlueYonder

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. Even more damaging are the potential long-term impacts for the world’s food supply as Russia seizes Ukraine’s grain supplies and harvesting equipment.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. One goal, two different motivations.

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A ‘Beached Whale’ in the Suez Canal: Stuck Working Capital

NC State SCRC

By now many of you have heard about the “Ever Given”, which has been stuck in the Suez Canal since Tuesday, and is blocking all container ships trying to get through with their cargo. Because procurement executives were so focused on cost, they did not worry about shipment velocity. and Europe than the other way round.