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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

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. Hundreds of vessels have diverted to longer routes, resulting in delivery delays, higher transportation costs and economic wreckage for local communities.

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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. This began on November 18th when an Israeli-owned car carrier was hijacked by Houthis – it remains held in Yemen. Live map of Suez Canal and Red Sea, Dec.

Freight 247
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New: Global Trade Map 2016

Supply Chain Movement

According to Aberdeen Research, “international shipments cost twice as much, take five times as long and have five times more variability than domestic shipments.” Best-in-class companies have strategically aligned their in-house practices with the relevant EU trade agreements they wish to make use of. United States. Uzbekistan.