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October 17, 2023 Update

Freightos

In Israel, ocean and inland logistics have continued to be fully operational despite the ongoing war. Freightos Data shows import container rates to Israel are in line with rates for the region overall. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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October 11, 2023 Update

Freightos

Despite recent reports of some air cargo volume increases stoking some hope for air peak season, Freightos Air Index ex-Asia rates fell 2% to N. The outbreak of war in Israel has so far had little impact on ocean operations there or in the region, though many passenger and freighter flights to Israel have been canceled.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

FedEx plans to test autonomous drone cargo delivery with Elroy Air. Chipotle’s push for humane chicken delayed amid tight supplies. Mexican factories gain in supply chain revamps. Air Canada wants more cargo jets 3 months after launching service. Walgreens to offer Wing drone delivery in suburban Dallas.

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FedEx and Freightos – Improving Digital Freight Together

Freightos

For example, importing plastic disposable cups to Israel results in different tariffs depending on whether or not there is a logo printed on the cup…and don’t get me started on duties for Santa Claus suits. In the last two years tariff rates have changed often and unpredictably as a trade war raged, complicating things even further.

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Interoceanic Passages

Abivin

In the current global economy, the closure of a maritime chokepoint would have significant economic ramifications due to the disruption of trade flows and even some supply chains (e.g. Israel experienced problems as a result, as Israeli ships were not allowed to pass through the canal. billion tons of cargo (as of 2020).

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

Discover the top geopolitical risks set to affect the global supply chain this year. With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain.

Russia 101
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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[3] Even so, global supply chains have been impacted. Climate change is affecting another crucial waterway, the Panama Canal.