APICS

SEPTEMBER 16, 2016

One of the world’s biggest shipping companies, South Korea-based Hanjin Shipping, filed for bankruptcy earlier this month, leaving as much as $14 billion worth of cargo floating and manufacturers uncertain, according to The Wall Street Journal.

South Korea 40

South Korea Journal Cargo Shipping 40

Logistics Bureau

APRIL 2, 2020

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Some ports are quarantining arriving ships for 14 days. Ocean Freight.

China 69

China Los Angeles Australia Europe 69

Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Logistics Bureau

MARCH 19, 2020

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. European electronic component distributor TTI says it is using air cargo companies UPS, FedEx, and DHL to mitigate the impact of holdups in China. The Food Industry.

Pharmaceutical 64

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 64

Supply Chain Game Changer

FEBRUARY 27, 2019

For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Capacity fell by 3 percent, and up to $14 billion in cargo was unable to dock. What to Do About It. What to Do About It.

Supply Chain Planning Software 65

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 65

NC State SCRC

SEPTEMBER 9, 2016

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! Sherwood of the U.S. Bankruptcy Court in Newark, N.J.

South Korea 40

South Korea Cargo Thailand Indonesia 40

Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. And, according to some analysts, things could get worse—a whole lot worse!

Manufacturing Procurement 66

Manufacturing Procurement Global Supply Chain Software Supply Chain 66

CH Robinson Transportfolio

MARCH 14, 2020

and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due to disruptions or closures at any ports. Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Supply Chain Matters

MARCH 3, 2022

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Freightera

FEBRUARY 21, 2024

How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. Much like Freightera, they specialize in ground freight shipping and they operate across North America.

Freight 26

Freight Negotiating Skills Sri Lanka Logistics Network Optimization Software 26

Freightera

FEBRUARY 21, 2024

How Freightera compares to traditional carriers and brokers and online solutions, with pros and cons for each provider If you are trying to compare Freightera with other shipping solutions, this article will make it easier for you. Much like Freightera, they specialize in ground freight shipping and they operate across North America.

Freight 26

Freight Negotiating Skills Sri Lanka Logistics Network Optimization Software 26

6 River Systems

SEPTEMBER 17, 2019

The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor. PST will ship the same day. In early 2013, Belk launched a vendor-direct program.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Logistics Network Optimization Software 45

Elementum

JULY 18, 2016

A destabilized shipping route drives up costs in more ways than one, but how close are we to a problem that has yet to definitively present itself? of ASEAN’s total trade, set Australia back a good $20M in cargo annually, and cost $270 and $600M in rerouting for South Korea and Japan, respectively, every year.

South Korea 60

South Korea China Shipping Brunei 60

Promptus LLC

JULY 1, 2024

It involves moving cargo from one vessel to another, typically when there’s no direct route between the export and import ports. Transshipment plays a key role in global trade.

South Korea 52

South Korea Global Seattle Washington 52

Material Handling & Logistics

JULY 25, 2018

There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.

Shipping 49

Shipping South Korea Philippines Indonesia 49

Logistics Viewpoints

OCTOBER 27, 2023

A notable achievement at the port is the electrification of 89 out of 91 ship-to-shore and rail-mounted gantry cranes. In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation.

South Korea 310

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 310

CH Robinson Transportfolio

AUGUST 14, 2019

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Accordingly, significant volumes of ocean cargo shifted to earlier sailings than normal, disrupting typical volume trends in the third and fourth quarters of 2018.

Forecasting 34

Forecasting Panama South Korea United States 34

Intelligent Audit

NOVEMBER 14, 2022

Air Cargo Capabilities. As Denmark-based carrier Maersk looks to expand air cargo capabilities around the globe, North American airports see increased investment from the multimodal shipping giant. In October, Maersk Air Cargo announced two weekly flights from Greenville, S.C., Maersk Invests in U.S.

Resource Reduction 52

Resource Reduction Supply Chain Strategy Price Mitigation Strategies Shipping 52

Abivin

DECEMBER 5, 2022

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.

Panama 52

Panama Egypt Asia United States 52

Aera Technology

NOVEMBER 22, 2016

Communication between the many stakeholders involved in the cold supply chain (manufacturers, distributors, retailers, cargo companies, etc.). Consider the recent bankruptcy of one of the world’s largest marine shipping companies – South Korea’s Hanjin Shipping Co.

Pharmaceutical 53

Pharmaceutical Supply Chain Software Supply Chain Optimization South Korea 53

Logistics Viewpoints

JUNE 17, 2022

Truckers strike in Korea roils shipments from steel to autos. US House passes ocean shipping bill to allay export backlogs. This week, UPS unveiled a battery-powered, four-wheeled cycle to more efficiently haul cargo in some of the world’s most congested streets and to reduce its carbon footprint.

Logistics Network Optimization Software 282

Logistics Network Optimization Software Logistics South Korea Purchasing Skills 282

American Global Logistics

JANUARY 30, 2025

Federal Maritime Commission in accordance with the Shipping Act and the regulations of the Commission set forth in 46 CFR Part 500. 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. Kitts and Nevis St.

Cargo 52

Cargo Negotiating Skills Expense Reduction United States 52

Logistics Viewpoints

MARCH 14, 2025

operations across maritime, warehousing, and air cargo. With increasing regulatory pressure on maritime emissions, this alliance provides insurers with actionable insights, fostering a shift toward greener shipping practices. flagged vessels, likely sourcing the new ships from shipyards in South Korea.

Supply Chain Planning Software 229

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Software 229

ThroughPut

MARCH 20, 2020

South Korea has “flattened the curve” in part with mass drive-through-testing in record time and volumes, and high-throughput tests are finally becoming more available in the US, even if the testing kits and support materials are still in short supply and erratic in distribution. Expected output gains: Intangible. So there you have it.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Optimization Software Forecasting Software 52

EFT

JUNE 23, 2025

Ships advised to keep their distance from Iran around Hormuz Strait Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday. Luxury goods.

Negotiating Skills 57

Negotiating Skills Negotiate Pricing Iran Israel 57

EFT

MAY 26, 2025

Tariff truce will not spark cargo boom at busiest US seaport, executive director says The head of the busiest U.S. tariffs, the government said on Tuesday South Africa's Transnet gets $2.8 billion government guarantee South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8

Negotiating Skills 80

Negotiating Skills Negotiate Pricing Supply Chain Planning Software Cost Reduction Strategies 80

EFT

MAY 19, 2025

Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear.

Price Reduction 101

Price Reduction Material Savings Cost Reduction Strategies Expense Reduction 101

Freightos

APRIL 3, 2025

China has retaliated to Trumps earlier tariffs and recently stated that it will respond in conjunction with Japan and South Korea. This rule has been a major driver of the surge of several million packages a day arriving via de minimis into the US mostly B2C e-commerce goods from China, and mostly arriving by air cargo.

Freight 156

Freight Manufacturing Procurement Mexico China 156

Freightos

APRIL 3, 2025

China has retaliated to Trumps earlier tariffs and recently stated that it will respond in conjunction with Japan and South Korea. This rule has been a major driver of the surge of several million packages a day arriving via de minimis into the US mostly B2C e-commerce goods from China, and mostly arriving by air cargo.

Freight 275

Freight Manufacturing Procurement Mexico China 275