Energy shipper Shell halted all Red Sea transits on Tuesday, as did the big three Japanese tanker and bulker owners: MOL, NYK and K-Line. Container-ship diversions around the Cape of Good Hope now appear likely to last for months (source:…
READ MORE >The U.S. Navy has warned American-flagged vessels to steer clear of areas around Yemen in the Red Sea and the Gulf of Aden for the next 72 hours after the U.S. and Britain launched multiple airstrikes targeting Houthi rebels. The…
READ MORE >US West Coast ports are back to normal after pandemic gridlock and drawn-out labor negotiations spurred fears that market share would be lost to the East and Gulf coasts for good, Port of Long Beach CEO Mario Cordero said (source:…
READ MORE >If your business ships or hauls loads by truck, you must know the various weight restrictions impacting the transportation process. Overloaded trailers pose numerous issues that can jeopardize safety and result in costly noncompliance with increasingly stringent regulations. The Federal…
READ MORE >The peak season surge in air freight rates of the past three months appears to have come to an end according to the latest data from TAC Index, the price reporting agency (PRA) for air freight markets (source: STAT Times).
READ MORE >Transportation metrics slid again in December with capacity increasing at a faster pace and prices declining at a higher rate, according to a monthly survey of supply chain executives. However, there was some optimism that the cycle may turn in…
READ MORE >Building supply chain resilience is paramount in a dynamic business landscape where disruptions run rife. Organizations may encounter many risks, from natural disasters to unforeseen market changes. To mitigate these,…
READ MORE >Business success in today's fast-paced and interconnected world relies on effectively navigating global supply chains. Supply chain visibility is among the ways your business can shed light on the darkest…
READ MORE >While supply chain compliance can be complex, it has many benefits. As a strategy, businesses worldwide establish legal departments or outsource compliance services to professionals with industry experience. Also, some…
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