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In Ukraine, before the full-scale invasion, similar commercial sabotage — amplified by coordinated social media disinformation — was used to erode public trust and paralyze logistics. Iran, North Korea and cybercriminal syndicates are adopting similar tactics, using logistics as an entry point to destabilize commerce and confidence.
Yemen’s Houthi rebels said on January 20th that they will now limit their attacks in the Red Sea corridor to only Israeli-affiliated ships after a ceasefire began in the Gaza Strip. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe. One is the State of Logistics Report.
seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment. US port operators seek to mitigate hefty expected tariffs on China-built port cranes U.S.
will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East. Maersk warns global container volumes could drop due to trade war Shipping group Maersk (MAERSKb.CO) said on Thursday container volumes plunged 30-40% between the U.S.
Analysis US tariffs on China introduced and then quickly raised to 145% in early April are already causing pain to the US logistics market and to shippers whose first goods subject to these tariffs are starting to arrive at US ports. Europe – N. America weekly prices fell 5% to $1.91/kg.
President Donald Trump on Sunday said that countries aligning themselves with the "Anti-American policies" of BRICS, will be charged an additional 10% tariff.
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Car Sales Leader Bloomberg Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen More from this author Subscribe to our Daily Newsletter! China Mercedes Car Sales Drop as Tariffs Crimp Demand in U.S., China An employee fits a Mercedes-Benz AG star badge in Bremen, Germany. Timely, incisive articles delivered directly to your inbox.
And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment. and Israeli startups focused on logistics, the supply chain and customer fulfillment. Several cargo vessels were struck by missiles or drones during the past week.
And now on to this week’s logistics news. Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. The post This Week in Logistics News (May 4 – May 10) appeared first on Logistics Viewpoints.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU. In air cargo, Freightos Air Index data show China – N.
This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. struck more than 60 targets at Houthi positions in Yemen, aiming to halt attacks on merchant ships. On January 11, the U.S.
You can’t just turn around a giant cargo ship. Once cargo has shipped, there are no “backsies.” Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. In fact, activities associated with transportation and logistics account for anywhere between 10% and 12% of global GDP.
And now on to this week’s logistics news. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. Cargo volumes through the Suez and Panama canals have plunged by more than a third. Patrick’s Day, and say Sláinte!
Houthis in Yemen continued their attacks on vessels in the region last week, including a deadly strike on a tanker. In air cargo, B2C e-commerce demand is expected to keep ex-China volumes and rates elevated through what is normally slow season and into Q4’s peak season. Freightos Air Index rates out of China dipped slightly to $5.34/kg
Volatility and uncertainty in the logistics industry have dominated the news in 2024. Persistent Red Sea Risks Continue to Disrupt Critical Trade Route The ongoing conflict in Yemen has created several shipping risks in the Red Sea. has been working to negotiate a ceasefire in Yemen. One issue is the shortage of truck drivers.
That means maritime shipping lies at the very heart of the global logistical system. Navy’s SEAL Team 3 began to climb aboard an unflagged ship that was carrying illicit Iranian-made weapons to Yemen. Recent events remind us how big the world is and how vital ocean supply lines are for the global economy.
And now on to this week’s logistics news. hit 18 Houthi targets in Yemen on Saturday in response to a recent surge in attacks by the Iran-backed militants on ships in the Red Sea and the Gulf of Aden. The bombings focused on military targest in eight locations in Houthi-controlled areas in Yemen, the U.S. and the U.K.
Analysis US tariffs on China introduced and then quickly raised to 145% in early April are already causing pain to the US logistics market and to shippers whose first goods subject to these tariffs are starting to arrive at US ports. Europe – N. America weekly prices fell 5% to $1.91/kg.
And now on to this week’s logistics news. In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery.
And now on to this week’s logistics news. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. Logistics companies tell CNBC that U.S. The port handled 48,000 twenty-foot equivalent units (TEUs) in January.
The group claims it will not target vessels making Israeli port calls or partially owned by Israeli companies or individuals, but will attack vessels wholly-owned by Israeli entities or flying the Israeli flag and would also attack US or UK vessels in response to any new US/UK strikes of Houthi positions in Yemen. kg to Europe.
TARIFF TITLE PAGE TERRA WORLDWIDE LOGISTICS LLC DBA AMERICAN GLOBAL LOGISTICS (a non-vessel operating common carrier) FMC ORGANIZATION NO.: SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier.
More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.
Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU. America air cargo rates climbed 11% last week to $5.33/kg,
As a military solution to the attacks has proved elusive, the US envoy to Yemen is also exploring diplomatic incentives to bring the disruption to an end. In air cargo, Red Sea-driven disruptions to ocean freight are still pushing some volumes to the air out of India, though demand is easing somewhat. Ocean rates from Asia to N.
Judah Levine January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 5% to $2,588/FEU. Freightos Air Index rates for China to N.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU. Freightos Air Index data show that China – N.
Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU. Through last week, Freightos Air Index rates for Asia – N.
Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. America prices rebounded to $4.80/kg, America prices rebounded to $4.80/kg,
Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. America East Coast peak of $22k/FEU.
And now on to this week’s logistics news. Yemen-based Houthi militants have been attacking high-value cargo vessels in the Red Sea since November in a show of support for Palestinian Islamist group Hamas fighting Israel in Gaza. Women’s clothing brand Spanx is using a humanoid robot to work in its Georgia warehouse.
Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU. America air cargo rates climbed 14% last week to $6.06/kg,
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