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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of shipping cargo through the canal expected this summer. Serota said that both sides are “spending a lot of time at the negotiating table, and I am optimistic we will hear good news soon”.

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Current State of the Capacity Crunch

GlobalTranz

Shippers are focusing on using dimensional pricing to cut down on wasted space, and consolidation of freight has become the new buzzword. Although capacity is tight, especially considering the number of carriers who are prioritizing freight to boost production, reports Roger W. The Importance of Making Freight Attractive to Carriers.

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February 13, 2024 Update

Freightos

More Resources Home February 13, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices decreased 35% to $3.91/kg

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Since COP26, a series of deep dive webinars have been conducted on how to design policies for ZE-MHDVs. Under the Global Memorandum of Understanding (MOU) for Zero-Emission Medium- and Heavy-Duty Vehicles (ZE-MHDVs) the signatories set an interim goal of 30% zero emission new vehicle sales by 2030.

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TPM24: Key Takeaways on Geopolitics, Technology and Other Drivers of Ocean Freight in 2024

Freightos

More Resources Home TPM24: Key Takeaways on Geopolitics, Technology and Other Drivers of Ocean Freight in 2024 Judah Levine March 27, 2024 S&P Global’s TPM24 is the major annual North American gathering of shippers, forwarders, carriers and logistic technology providers. You can read the report and see our short webinar on the topic here.