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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Navigating the Freight Downturn with Kevin Coomes

The Logistics of Logistics

Kevin Coomes and Joe Lynch discuss navigating the freight downturn in the logistics and transportation space. Kevin’s journey in transportation and logistics began in China, where he managed ocean and air imports for his own venture, Phoria Energy Solutions. logistics market.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Nearshoring, reshoring, ally-shoring, and China+1 Many companies have started to shift away from single sourcing, using strategies like nearshoring, reshoring, ally-shoring, and China+1 to build more resilient supply chains. This provides benefits like shorter transportation times and improved inventory efficiency.

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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities. The International Longshoremen’s Association is seeking to build on strong wage gains other transportation unions have won. The Level 3 charger is an ABB unit.

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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. This drought impacted hydropower, disrupted shipping, and affected five million people in southern China, according to the World Meteorological Organization.

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March 27, 2024 Update

Freightos

Air rates – Freightos Air Index China – N. China – N. The Port of Baltimore handles more roll-on/roll-off volumes than any other US port, including a large share of farm equipment exports – and is likely to have an impact on vehicle transport – but is less critical in terms of container traffic.

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The Top 5 Supply Chain Megatrends of 2024

Resilinc

Geopolitics This year, three major geopolitical conflicts impacted the global supply chain: the Russia-Ukraine war, China-Taiwan tensions, and the Israel-Hamas war. Meanwhile, the semiconductor industry hung in the balance as China restricted the export of critical materials germanium and gallium.