Massive US dockworker strike could throw global supply chains into crisis next week
SYDNEY : Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see
Supply chain disruptions and rising demand boost container freight rates globally
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up
How shipping containers can make or break the global economy
LONDON : The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. If there is
Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are
Another risk of supply-chain disruption taking shape after Covid and Ukraine war
MUMBAI : Geopolitical risks to global trade and economy refuse to abate. After Covid and the Ukraine war ravaged global supplies, creating energy and food crises in many parts of
It may be stormy 2024 as shipping lines plan freight increases : Xeneta
HAMBURG : Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024. Oslo-based Xeneta has carried
India emerges as a strong contender in global supply-chain diversification: BofA
NEW DELHI : India’s GVC output as percent of total output at 3.17 percent is already the 5th highest in the world, according to the report With the
The U.S. Supply-Chain crisis is already easing
Progress is still slow and too many boats are waiting at the ports, but many problems have at least stopped getting worse. CHARLESTON : The supply-chain crunch appears
Shipping Logjam is forcing major companies to rethink their Manufacturing Hubs in Asia
NEW YORK : Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta