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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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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. In December, spot freight rates were 264% higher for the Asia to North Europe route, compared with a year ago, according to Mirko Woitzik, risk intelligence solutions manager at supply chain risk firm Resilience360.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

Freight Tracking. “Cargo Volume often defines the cost of shipping freight. “Some companies are already implementing Vehicle to Vehicle (V2V) Communications, which essentially allow for multiple freight vehicles to form a platoon and communicate, improving fuel efficiency and safety. Increased Efficiency.