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Red Sea Insurance Premium Spikes as Houthi Risks Return

Supply Chain Brain

Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. That’s up from 0.2% in recent months, a period when there had been a lull in attacks. Ships with associations to the U.S.,

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PayCargo and Gnosis Freight to Power Container Payment Portal for Hapag-Lloyd

Logistics Viewpoints

Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supply chain. How Shanghai’s lockdown is dampening Port of Oakland volumes. Cargo losses escalate as thieves target cars, electronics. And now on this week’s logistics news. s CargoNet.

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This Week in Logistics News (August 10 – 16)

Logistics Viewpoints

Over these 10 years+ I have learned a lot about supply chain and logistics through conversations with end users, suppliers, and my colleagues. Cargo imported into the U.S. Department of Transportation (DOT) has added three major West Coast ports to its data-sharing supply chain platform.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

Walmart recently established its latest high-tech consolidation center in Illinois, marking a significant addition to its supply chain infrastructure. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal.

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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

USDA funding supports Port of Oakland pop-up container yard. In that spirit, a number of freight- and supply chain-focused companies and at least two federal agencies used the annual observance of Earth Day to publicize what they are doing or plan to do to help the environment, promote sustainability and reduce emissions.

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The West in Want of Workers: Oakland's Port Labor Shortage & The Supply Chain

Elementum

West Coast ports are starting to improve congestion issues, but Oakland faces a potentially disastrous labor shortage that threatens to slow progress. Oakland’s Labor Dilemma. Oakland has seen a rise in container volumes starting in March as shippers began moving back to West Coast ports. Impact on Supply Chain.

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