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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This disruption affects various industries, including suppliers for global retailers and car manufacturers. The British Retail Consortium warns that higher transportation and shipping insurance costs could lead to delays and price hikes, potentially affecting product availability over the coming months.

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This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 The US, Norway, and Britain joined forces with companies including Amazon and Nestle to launch a project aimed at protecting the world’s tropical forests. Apple’s Advanced Manufacturing Fund is financing the project.

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Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. They’re at the forefront of this future-focused work.”.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Other sources reported that DB Schenker was not the only forwarder making this shift.