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 >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 >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 >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 >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 >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 >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 >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).
READ MORE >Supply chain partners can benefit your business by increasing efficiencies and decreasing long-term costs. These lasting relationships boost customer and employee satisfaction and empower you to deliver a product…
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