This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The recent port strike, the closed shipping lane that forced a shift to air transport, the bridge that blocked a port, even the grid brownout that slowed manufacturing, might have seemed like random disruptions. Who pays the crew of the ship that blocked your shipping lane? But take a closer look. This may sound like alarmism.
The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of global transport. While the drought in Panama has ended and shipping is rebounding, the Suez Canal, where traffic has been cut in half, remains an issue.
Red Sea marine traffic up 60% after Houthis narrowed targets, EU commander says Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen's Houthis began attacking ships in the region, according to the commander of the EU's Aspides naval mission.
seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment. US port operators seek to mitigate hefty expected tariffs on China-built port cranes U.S.
As trade talks begin, Chinese exporters prepare to get goods moving to US again China-based shipping agents have resumed buying container space for goods headed for the United States after a series of U.S. Trump announces deal to stop bombing Houthis, end shipping attacks President Donald Trump announced on Tuesday the U.S.
Analysis US tariffs on China introduced and then quickly raised to 145% in early April are already causing pain to the US logistics market and to shippers whose first goods subject to these tariffs are starting to arrive at US ports. Europe – N. America weekly prices fell 5% to $1.91/kg.
Germany begins trials to reopen Mosel river to shipping after accident damaged lock Authorities began trials to reopen the Mosel River in west Germany to domestic freight transportation over the weekend, with ships now able to use a damaged lock after an accident last week.
Agree to Framework Trade Deal Bloomberg Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen More from this author Subscribe to our Daily Newsletter! Reverse Logistics Bottling Plant Strike Could Bring Wine Shortage to U.K. Timely, incisive articles delivered directly to your inbox. Can Ambient IoT Fix It?
The company produces large SUV models like the GLS and GLE at its plant in Tuscaloosa, Alabama, and ships them to China. Car Sales Leader Bloomberg Red Sea Ship Set Ablaze, Abandoned After Attack Near Yemen More from this author Subscribe to our Daily Newsletter! China Mercedes Car Sales Drop as Tariffs Crimp Demand in U.S.,
And now on to this week’s logistics news. and Israeli startups focused on logistics, the supply chain and customer fulfillment. and Israeli startups focused on logistics, the supply chain and customer fulfillment. Average worldwide costs of shipping a 40-foot container rose 23% in the week through Jan. East Coast.
Suez Canal News Update The Suez Canal is a crucial lane for global shipping, with 50-60 vessels of all types transiting each day for about 19,000 per year, including about 30% of global container traffic and more than a million barrels of crude oil per day. Live map of Suez Canal and Red Sea, Dec. Live map of Suez Canal and Red Sea, Dec.
And now on to this week’s logistics news. Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. In addition to Cosco, global ocean carriers Mediterranean Shipping Co.
Judah Levine November 21, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) decreased 8% to $1,573/FEU.
The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. It is interesting to see what kind of challenges LSPs are facing in the changing logistics landscape.
Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. And when shipping to volatile countries, it becomes even harder. Once cargo has shipped, there are no “backsies.” By Ali Hasan Raza.
The shipping environment is prone to disruptions. The shipping environment is prone to disruptions, ranging from political conflicts to economic fluctuations and logistical challenges. Political instability and conflicts, exemplified by the ongoing Houthi attacks in Yemen, pose significant risks to supply chains.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. It is interesting to see what kind of challenges LSPs are facing in the changing logistics landscape.
Somehow, though, even with two parents in the medical field, the Oil & Gas industry recruited me first, and I ended up becoming a field operations engineer working across onshore, offshore, and warzone logistics & chemical manufacturing operations. At least that’s how I see it.
And now on to this week’s logistics news. The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. Patrick’s Day, and say Sláinte!
Volatility and uncertainty in the logistics industry have dominated the news in 2024. Persistent Red Sea Risks Continue to Disrupt Critical Trade Route The ongoing conflict in Yemen has created several shipping risks in the Red Sea. In particular, there is a risk of Houthi rebels laying mines in the shipping lanes.
That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.
And now on to this week’s logistics news. hit 18 Houthi targets in Yemen on Saturday in response to a recent surge in attacks by the Iran-backed militants on ships in the Red Sea and the Gulf of Aden. The bombings focused on military targest in eight locations in Houthi-controlled areas in Yemen, the U.S. and the U.K.
Analysis US tariffs on China introduced and then quickly raised to 145% in early April are already causing pain to the US logistics market and to shippers whose first goods subject to these tariffs are starting to arrive at US ports. Europe – N. America weekly prices fell 5% to $1.91/kg.
And now on to this week’s logistics news. In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery.
And now on to this week’s logistics news. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S.
The group claims it will not target vessels making Israeli port calls or partially owned by Israeli companies or individuals, but will attack vessels wholly-owned by Israeli entities or flying the Israeli flag and would also attack US or UK vessels in response to any new US/UK strikes of Houthi positions in Yemen.
TARIFF TITLE PAGE TERRA WORLDWIDE LOGISTICS LLC DBA AMERICAN GLOBAL LOGISTICS (a non-vessel operating common carrier) FMC ORGANIZATION NO.: Federal Maritime Commission in accordance with the Shipping Act and the regulations of the Commission set forth in 46 CFR Part 500. Such policy has been certified to the U.S. DEFINITIONS: 2.1
More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.
Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. As a military solution to the attacks has proved elusive, the US envoy to Yemen is also exploring diplomatic incentives to bring the disruption to an end. Ocean rates from Asia to N.
Judah Levine December 6, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) were level at $1,620/FEU.
Judah Levine January 10, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 60% to $2,713/FEU.
Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU.
Judah Levine January 3, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01) increased 63% to $2,713/FEU. Some carriers are shortening the “free time” N.
And now on to this week’s logistics news. Yemen-based Houthi militants have been attacking high-value cargo vessels in the Red Sea since November in a show of support for Palestinian Islamist group Hamas fighting Israel in Gaza. The post This Month in Logistics News (December 30 – January 5) appeared first on Logistics Viewpoints.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content