Global Logistics

Brexit Border Trouble Grows as Key Customs System Maxes Out

January 20, 2021

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

Piracy Surge Off West Africa Draws Maersk Call for Action

January 18, 2021

Bloomberg

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.

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

January 8, 2021

Kinaxis Inc.

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

January 8, 2021

Bloomberg

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.

Brexit Is a New World Businesses Still Need to Figure Out

January 3, 2021

Bloomberg

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.

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

January 1, 2021

Riskmethods

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.

Brexit Deal Hands Business a Mix of Relief, Unwanted Change

December 27, 2020

Bloomberg

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

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

December 23, 2020

Bloomberg

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

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

December 21, 2020

Bloomberg

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.

Beirut Explosion Destroys Tonnes of Lebanon’s Food Stocks

What Happens When Tycoons Abandon Their Giant Cargo Ships

December 18, 2020

Bloomberg

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.

Global Logistics

The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.