Remove Cargo Remove Food Remove Logistics Remove United Arab Emirates
article thumbnail

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.

article thumbnail

Interoceanic Passages

Abivin

Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. Nevertheless, they offer possibilities for routes that may encourage domestic imports and exports as well as the growth of logistical activities. billion tons of cargo (as of 2020). meters in 2008 as opposed to 22.5

Panama 52
article thumbnail

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

Resilinc

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. 6 Groceries and Food The UK’s biggest supermarket chain, Tesco, has warned there could be price increases due to the Red Sea ship attacks.