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This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% Red Sea news: Air freight rates could spike as Red Sea attacks disrupt shipments Global trade drops 1.3% This means that air cargo is about to play an expanded role in the supply chain ecosystem. Global trade declined by 1.3

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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. Will suspend shipments.

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The History of the Shipping Container

Freightos

For centuries the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. Break-bulk loaded cargo was poorly secured required a Tetris-like approach to handle diverse sizes of packages. First use of a modern container for ocean freight.

Shipping 120
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[INFOGRAPHIC] The History of Shipping Containers

GlobalTranz

The Freightos System is SaaS for freight contract management, automatic price quotations, and business intelligence. For centuries, the expense, risk, and frustration with ocean freight held back expansion of the international economy, despite the invention of the steam invention. First use of a modern container for ocean freight.

Shipping 120
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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx set out to become a global logistics player as a full-service freight operator.