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February 7, 2024 Update

Freightos

Disruptions to ocean freight has led to some shift to air cargo as reflected in increased air volumes on some lanes recently. America air cargo rates climbed 14% last week to $6.06/kg, Air cargo demand should also ease as LNY begins and Red Sea-driven air demand should subside as well as ocean operations continue to stabilize.

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Doing Business in Turkey

QAD

Its borders consist of Bulgaria, Georgia, Greece, Syria, and the Aegean and Mediterranean Seas. Turkey has 91 airports with paved runways, many of which are capable of handling jets and cargo planes. Since its founding, Turkey has dealt with instability and military coups, although each time, the country returns to democracy.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Drought in China Impact on Supply Chain The Yangtze River Basin, home to Asia’s longest river, boasts a staggering annual cargo volume of over 3 billion tonnes. If rain arrives in May as expected, the canal plans to increase daily slots with a goal of returning to 36 vessels per day.

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Turkey Earthquake: Key Industries, Exports, and Sites Impacted

Resilinc

In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. Turkey wasn’t the only country impacted by this severe disaster, either.

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Which Industries Could Be Impacted by the Israel-Hamas Crisis?

Resilinc

Bordered by Lebanon, Syria, Jordan, and Egypt, the State of Israel is connected to even more countries through the global supply chain. Israel’s leading port, the Port of Haifa —where 20 million tons of cargo pass through each year—remains open. FedEx temporarily paused flights but has since resumed both inbound and outbound routes.

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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

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. The April 5 incident is one of hundreds in which massive cargo ships lost propulsion, many near bridges and ports, according to a Washington Post analysis of Coast Guard records.