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

Freightos

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. By mid-December the Houthis expanded their threat to include all Israel-bound – not just Israeli-owned – vessels, and attacked a tanker it claimed was bound for Israel on Tuesday.

Freight 327
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Descartes Announces Fiscal 2026 First Quarter Financial Results

Descartes

Descartes Investor Contact Laurie McCauley (519) 746-2969 investor@descartes.com Cautionary Statement Regarding Forward-Looking Statements This release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relates to Descartes' expectations concerning future revenues and earnings, (..)

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Maersk Suspends Service at Haifa

Supply Chain Brain

Haifa port, which was privatized in 2022, is owned 70% by Indias Adani Ports while the remaining 30% is held by Israels Gadot Group. According to the New York Times, Iran sent a barrage of missiles into Israel on June 20 that struck in several places, including Haifa, where two people were severely injured.

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The World Today Part 1: The Best Manufacturing Ecosystems Win

Enterra Insights

Batteries are sourced from South Korea and China. For example, the F-35 fighter jet contains parts sourced from various countries including the US, UK, Italy, Netherlands, Canada, Denmark, Norway, Australia, and Turkey. Israel Aerospace Industries manufactures the outer wings and helmet-mounted displays for Israeli F-35s.

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Resilinc Reveals the Top 5 Supply Chain Disruptions of 2024

Resilinc

To strengthen resiliency, companies invested in AI and machine learning, made strides to reduce dependency on single sourcing, and prioritized nearshoring and reshoring efforts. Meanwhile, the Russia-Ukraine War and Israel-Hamas War continued to put a strain on global supply chains. Read more in our special report.

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Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

Webinars Five Ways AI-Enabled Digital Twins Will Shape the Future of Supply Chains Technology Ships’ Electronics Increasingly Jammed Since Israel Struck Iran Global Gateways Watch: The Crisis in Access to Critical Raw Materials Supply Chain Visibility Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?

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Net-Zero Commitments Are Reshaping Carbon Tracking in CPG Supply Chains

Supply Chain Brain

Artificial Intelligence Supply Chain Visibility Regulation & Compliance Sourcing/Procurement/SRM Supply Chain Security & Risk Mgmt Sustainability & Corporate Social Responsibility RELATED CONTENT RELATED VIDEOS Subscribe to our Daily Newsletter! Yee Chow is global head of strategy and implementation at Zevero.