October 11, 2023
Airlines Suspend Flights To/From Tel Aviv
International airlines have suspended hundreds of flights to and from Tel Aviv following the attack by Hamas militants on Israel over the weekend (source: Reuters).
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October 6, 2023
The Panama Canal Situation and its Impact on Global Shipping
The Panama Canal has been facing a severe drought for the past few months, which has significantly impacted its operation and, as a result, global shipping (source: Safety4Sea).
READ MORE >October 3, 2023
China’s National Day Meets Mid-Autumn Festival
In a rare confluence of celebrations, the National Day holiday, marking the 74th anniversary of the founding of New China, and the Mid-Autumn Festival coincided this year, offering the country an extended eight-day holiday (source: Sixth Tone).
READ MORE >October 3, 2023
Airfreight Peak Season Fails to Deliver, Consumers Tighten Spending
The looming peak season for airfreight, which should roar to life after the hiatus of the Golden Week holiday in China, looks set to limp along, more or less at the pace of recent months. Forwarders report no significant rise…
READ MORE >September 26, 2023
7 Supply Chain Best Practices
In efficient supply chain management, success depends on optimization, agility and responsiveness to sudden changes. Effective management entails reducing overheads, minimizing lead times and improving inventory levels. Streamlining processes and…
READ MORE >September 22, 2023
Golden Week Starts September 29, Busy Travel Season Expected
This year, the Mid-Autumn Festival overlaps with the National Day break, making it a longer holiday than usual and giving people a greater chance to travel. The official holiday starts on September 29, a Friday, and runs until October 6…
READ MORE >September 22, 2023
Golden Week Blank Sailings Affecting Schedules
Canceled sailings by container lines are having some unforeseen consequences, as schedule unreliability has resulted in increased inventories, higher costs, and now a disruption to backhaul trades (source: SeatradeMaritime News).
READ MORE >September 18, 2023
Vietnam Approves $1.7bn Plan for Inland Container Depots
Anticipating more containerized cargo imports and exports, the Vietnamese government announced it will invest up to $1.7bn to build more inland container depots (ICD) by 2030 (source: The Loadstar).
READ MORE >September 18, 2023
Air Cargo Rates Hit Lowest Level Since Before Pandemic
The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic (source: AJOT).
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