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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

Over 7,000 miles away, vessels that move containers through Egypt’s Suez Canal are waiting for naval escorts or avoiding the passage altogether to take a much longer voyage around South Africa. Cargo volumes through the Suez and Panama canals have plunged by more than a third. Patrick’s Day, and say Sláinte!

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Interoceanic Passages

Abivin

It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. billion of its total revenue in the fiscal year 2014, placing it as the third-largest source of income in the nation. billion tons of cargo (as of 2020). meters in 2008 as opposed to 22.5 meters in 2001.

Panama 52
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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. Read on to learn more about the top revenue-earning 3PL warehousing companies in 2020.

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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. Will suspend shipments.