Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.

If approved, the measure would likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.

Woolworths locations across Southeast Queensland reported shortages of fresh items like bread, milk, fruit, and poultry, after an upgrade to their WMS went awry. 

The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.

Baltimore Port officials said they hoped to move the Dali within two days.

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.

If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.

Maersk also says that vessels will likely continue rerouting around Africa's Cape of Good Hope "for the foreseeable future." 

Just under 200 containers have been taken off the Dali container ship to get it ready to float again before it's taken out of the area.

Boeing has warned that it won’t deliver as many Dreamliner jets as anticipated in 2024.