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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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Interoceanic Passages

Abivin

Israel experienced problems as a result, as Israeli ships were not allowed to pass through the canal. Since France and Britain, the former owners of the canal, declined to contribute to the financing of the Aswan High Dam project as first promised, they were also subject to this threat. Then, a decision was made on the canal's use.

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

Freightos

Marine Attacks in the Red Sea Shipping Lane In mid-November 2023, Houthis in Yemen threatened to attack Israel affiliated vessels sailing in the Red Sea as a show of support for Hamas during the Israel – Hamas war. OOCL is the only carrier to announce they will suspend service to and from Israel in response.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

India led all other regions in overall PMI growth while Austria, Czechia and France were the bottom three contractionary conditions. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 and France being 43.1.

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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. The attacks have led the US to launch an international naval operation to protect ships in the Red Sea route, and countries including the UK, Canada, France, Bahrain, Norway and Spain have joined.

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

6 River Systems

billion (2019) Headquarters: Levallois-Perret, France CEO: Alain Picard 12. billion (December 2019) Headquarters: Puteaux, France CEO: Luc Nadal 19. The company was started in Vineland, New Jersey as a national hauling company by Israel Brown in 1932. Revenue: €10.2 billion/ $11.65 Ryder Solutions Inc. Revenue: €4.73

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Effective March 7, excluding origin payers in France, Hungary, Russia, Portugal, Israel (which will take effect on March 21), the following surcharges apply to outbound parcel services: Parcel exports from Europe to Canada and the U.S. EUR to 0.60 EUR per pound or 1.30 EUR per kilogram. Increasing 0.05 EUR per pound or 0.30