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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. Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment.

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How to Handle Logistics During Chinese New Year

Material Handling & Logistics

One to two weeks before CNY, factories will speed up their production causing a surge of freight. Provide a forecast of your expected cargo to your shipper’s representative. Vietnam – Lunar New Year – February 14-20 . During CNY they will close down completely. Hong Kong – CNY – February 16-19. Singapore – CNY – February 16-17.

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June 21, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

The extreme port congestion and container shortages that drastically reduced shipping out of Southern China last month have eased, but as freight volumes from Yantian and other Pearl River Delta ports recover, the rebound will send another wave of disruptions through the troubled global shipping network, according to American Shipper.

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Logistics Execs Split on Outcome of NAFTA Talks

Material Handling & Logistics

Executives in a new survey, 2018 Agility Emerging Markets Logistics Index, are divided about whether a new pact would help Mexico (24.3%); hurt Mexico (21.8%); or leave trade unchanged (25.7%). Logistics executives are unconcerned, for now, that emerging markets economies will be harmed by Brexit, the UK’s departure from the European Union.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea.

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Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. once they’ve been allowed to discharge cargo to protect the interests of maritime lien holders. bankruptcy code. Judge John K.