Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.
Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.
Join the upcoming webinar to learn how a smart data fabric can be used to unify data across disparate sources and accelerate AI-driven decision intelligence.
When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.
Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.
When it comes to supply chain ESG, most companies have a lot of work ahead to achieve the deepest levels of program maturity. But it’s worth the effort.
As a supply chain organization, you are uniquely positioned to impact your own emission-reduction goals, as well as those of your upstream and downstream partners — so-called Scope 3 emissions.
Increasing pressures from investors and customers, coupled with a surge in climate change regulations, are forcing supply chains to transition to sustainable practices and curb their carbon footprint.