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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The container crisis affects all companies that need to ship goods. KEY POINTS.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

. … The current systems for providing and recording this data — reliant on EDIs and APIs — are subject to misinterpretation or manipulation, which can have dire consequences on the global supply chain. “Cargo Volume often defines the cost of shipping freight. Increased Efficiency. ” 3. ” 3. .