DHL, Aramco announce new JV on end-to-end procurement and logistics
DHL Supply Chain has announced the signing of a shareholders' agreement with integrated energy and chemi...
Challenge Group unit handles 7,000 horses at Liège Airport in 2022
Challenge Group said its subsidiary, Challenge Handling, has facilitated 7,000 horses through the Horse Inn at...
Japanese owner of vessel stuck in Suez Canal says it received no compensation claims
Shoei Kisen Kaisha, the Japanese owner of the giant container vessel that caused blockage at the
Atlas Air acquisition by Apollo-led investors completed
Atlas Air Worldwide (Atlas) announced that the investor group led by funds managed by affiliates of Apollo, together...
Korean Air operates charter flight to transport relief supply to Türkiye
Korean Air operated a special charter flight departing from Seoul bound for Istanbul to transport relief supplies for...
Port of LA records 43% YoY decline in cargo volumes for February
Port of Los Angeles (Port of LA) saw cargo volumes continue to decline as trade further slowed on the back of...
Swissport bags Lufthansa's cargo business in Nairobi
Swissport announced that it had secured Lufthansa's air cargo handling and warehousing services at Nairobi&a...
PSA touts logistics offering as differentiator in its port business
PSA International Pte Ltd (PSA) reported a surge in revenue for 2022 driven by business acquisitions and higher storage...
WorldACD: Global tonnages flatten as average rates further soften
Global air cargo tonnages appear to have stabilized following their post-Lunar New Year bounce-back in recent weeks and...
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Evergreen announce ultra-large ship blocking Suez Canal refloated, normal transits to resume
Evergreen Line announced that the 20,000 TEU-class container vessel that has blocked the Suez Canal
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The Suez canal blockage seen from an Airbus satellite. Airbus photo (March 25, 2021). Retrieved from https://twitter.com/AirbusSpace/status/1375078054884749318
Containership blockage at Suez Canal could take “weeks” to be resolved
The ultra-large containership stuck in the Suez Canal could take “weeks” to be moved, blocking one
TRUCKS ON HIGHWAY iStock-912235868
As the pandemic disrupted supply chains in multiple areas, visibility emerged as a vital instrument to identify problems and plot possible alternatives. Greg Orr, president of trucking firm CFI, says that the company’s drivers spend 15-18 hours a week on average waiting, which translates into more than 30,000 hours of idling for the firm. Visibility is key to reduce this unproductive time, he said.
Pandemic boost for supply chain technology
Today’s market offers an abundance of opportunities for small and mid-sized forwarders to arm
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