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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. OOCL is the only carrier to announce they will suspend service to and from Israel in response. Oil tankers have also begun avoiding the Red Sea.

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This Week in Logistics News (October 7 – 13)

Logistics Viewpoints

In France, Friday 13th might have been associated with misfortune as early as the first half of the 19th century. Uber Freight and others that are testing autonomous big rigs in Texas and surrounding states. UPS late Monday also said it had stopped flying to Israel. Maersk joins FedEx Corp., Kodiak, Aurora Innovation Inc.

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Ikea warns of product delays after Red Sea attacks

Operations and Supply Chain Management

Houthi militants in Yemen have stepped up attacks on vessels since the start of the Israel-Hamas war in October. Nils Haupt, head of corporate communications at shipping firm Hapag Lloyd, told the BBC’s Today programme that bookings for new freight trips are set to cost more.

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This Week in Logistics News (April 2 – 8)

Logistics Viewpoints

The reality is that the Smiley Company, which is celebrating its 50 th birthday this year, created smiley as a symbol for good news in the newspaper France Soir in 1972. Israel Aircraft Industries is remodeling older Air Canada passenger jets to carry heavy freight. It was a classic piece of movie fiction.

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Complex costs of transportation

Supply Chain Movement

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. This is an important aspect of managing freight spend. Dominican Republic. El Salvador.

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

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Jacobs in 2011.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

The new peak surcharges for FedEx Express parcel and freight services, effective March 7, 2022 , are as follows. Parcel and freight exports from Macau SAR, China to Europe, MEISA, some LAC countries 1 , and some APAC countries and territories 2 – Increasing $0.25 FedEx Express International Shipping Surcharges. per pound or $1.50