Freightos
FEBRUARY 7, 2024
Disruptions to ocean freight has led to some shift to air cargo as reflected in increased air volumes on some lanes recently. America air cargo rates climbed 14% last week to $6.06/kg, Air cargo demand should also ease as LNY begins and Red Sea-driven air demand should subside as well as ocean operations continue to stabilize.
American Global Logistics
MARCH 5, 2024
Volatility and uncertainty in the logistics industry have dominated the news in 2024. and other countries have also imposed sanctions on Iran and have provided support to the Houthis. As of late February 2024, CMA CGM is now shipping cargo through the Red Sea trade route. Almost since the start of the Red Se attacks, the U.N.
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Freightos
JANUARY 3, 2024
International tensions are rising as the UK is considering targeting Houthi positions in Yemen and Iran moved a warship to the Red Sea on Sunday, stating that Iranian naval vessels have periodically been in the Red Sea “”to secure shipping lanes, repel pirates, among other purposes since 2009.” America East Coast peak of $22k/FEU.
Material Handling & Logistics
JANUARY 23, 2018
Supply chain industry executives are split sharply about how Mexico will fare if it is able to agree with the United States and Canada on terms to update the North American Free Trade Agreement. . In Sub-Saharan Africa, infrastructure, links between economic centers and poor connectivity are deepening concerns for the logistics industry.
Logistics Bureau
APRIL 2, 2020
China says almost all of its major industrial companies have resumed production and that its ports are again running at near-full capacity after a two-month Coronavirus-linked shutdown. In response to the constraints on belly capacity, outbound cargo-only flights from China are increasing and are above 2019 levels. Ocean Freight.
Talking Logistics
MAY 1, 2015
Fetch Robotics Unveils Robotics System for Logistics Industry. Ports See Costly Delays as Cargo Ships, Volumes Grow (WSJ – sub. US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). For related commentary, see my post from last month, “ Is the 3PL Industry Becoming Barbell-Shaped? ”.
Freightos
APRIL 16, 2024
Alongside the ongoing, Iran-sponsored, attacks on Red Sea traffic, this event poses yet another potential challenge to the container industry. If attacks like this one continue, broaden, or Iran moves to completely close the strait, Middle East container flows would feel the strongest impact.
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