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Global Logistics: Page 51

Shipping Container Crunch Shows Signs of Easing

A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing.

Photo: Bloomberg

Shippers Saw a Need for Bigger Vessels, But They Built Them Too Big

Here's why the cost of shipping goods out of China is soaring right now.

Photo: Bloomberg

Brexit Border Trouble Grows as Key Customs System Maxes Out

A key U.K. government customs system has been overwhelmed within weeks of Brexit and threatens to trigger more disruption as freight traffic rebounds.

Photo: Bloomberg

Piracy Surge Off West Africa Draws Maersk Call for Action

Pirate attacks have pushed up insurance and other costs for shippers operating off West Africa, with some resorting to hiring escort vessels manned by armed navy personnel.

A crane carries shipping containers owned by AP Moller-Maersk A/S away from a ship. Photo: Bloomberg.

LSP Saves Customer $1.5 Million a Year With Kinaxis Global Inbound Management

Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials. However, the company lacked adequate visibility and transportation management over it’s 60,000 purchase orders per year, resulting in incomplete deliveries, poor shipment-status insights and high administrative and process costs.

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

Orders fell almost 10% in 2019 and then more than 50% in 2020 to the lowest in at least two decades, IHS Markit data show. If activity doesn’t pick up, that could lead to a dearth of vessels and a spike in freight rates in a few years.

Source: Bloomberg

Brexit Is a New World Businesses Still Need to Figure Out

British businesses probably didn’t expect to start 2021 worrying about wooden pallets after a year of grappling with the coronavirus and a meltdown in the economy.

Photo: Bloomberg

COVID-19 Delivers a Wakeup Call for Supply-Chain Risk Management

The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again.

COVID-19 Delivers a Wakeup Call for Supply-Chain Risk Management

Brexit Deal Hands Business a Mix of Relief, Unwanted Change

The U.K. and European Union may have signed a trade deal, but British businesses still face a raft of difficult changes.

U.K. Prime Minister Boris Johnson. Photo: Bloomberg.

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

1223 Container Ships

U.K. Faces Food Crisis Threat as Virus Surge Blocks Trade

The U.K. is confronting threats of food insecurity and panicked shopping days before Christmas as European nations restricted trade and travel to guard against a resurgent coronavirus.

0401 Brexit

What Happens When Tycoons Abandon Their Giant Cargo Ships

COVID-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it’s fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home.

An Aug. 4 explosion tore through the Port of Beirut. Photo: Bloomberg.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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