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Adding to the woes was the Suez Canal incident, a maritime black swan event that has led to severe complexities. Market analysts at project44 have created a survey to dig deeper into issues stemming from port congestion and the capacity strain to identify strategies that businesses are taking to navigate this tricky environment.
Almost two years ago with knowledge of the problems of the freight industry and some rough ideas of how to solve them, we’ve been able to plot, survey, and develop the systems we’ve now launched. We recently wrapped on a launch event in Tokyo, Japan with the majority of our team. Upcoming Events. But that’s not all.
Since 2011, the World Shipping Council (WSC) has undertaken a survey of its members to accurately estimate the number of containers that are lost at sea each year. The WSC represents most of the major container liner shipping companies that operate more than three-quarters of the global containership capacity. Containers Lost at Sea.
New research has found that the maritime industry remains an “easy target” for cybercriminals, and that the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months. The research was carried out by the maritime technology research agency Thetius. million (up from US$3.1m
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors.
To examine supply chain management priorities, performance, and anticipated trends, APQC conducted its 10 th annual Supply Chain Management Priorities and Challenges research, including a survey of more than 350 supply chain professionals from around the world and across multiple industries. For more information on the research, click here.
I want to say a special thank you to Steve Banker and Conrad Hanf who I have worked closely with for the last 10+ years on Logistics Viewpoints as well as countless research projects, surveys, and events. I’d also like to thank Clint Reiser, Mike Guilfoyle, and Andy Chatha.
million per event. According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses.
One of the biggest impacts of decoupling in the supply chain is that it helps minimize the impact of unexpected events. Spreading production across multiple countries or regions can mitigate the risk of production halts due to unexpected events. What are the impacts of decoupling in the supply chain?
Easyfairs has officially opened registration for this year’s exclusive AntwerpXL (AXL) event at the Antwerp Expo in Belgium, taking place from 8 October to 10th 2024. The premier conference and exhibition is a key maritime and logistics event dedicated exclusively to the breakbulk, project cargo, heavy lift and Ro-Ro sectors.
Some maritime executives had hoped the talks, which began in mid-May, would conclude in the early fall. According to the survey, half of grocery customers surveyed said they would choose next day delivery or longer if they could pay even lower pickup fees. The group said that the pledges reflect a growing awareness by U.S.
The industry that had been the slowest to embrace the change was at the forefront of adopting the latest technologies and advantages they had to offer, mainly as a result of once-in-a-generation events and black swans that occurred one after another. The Change. From the customer and BCO standpoints, these are great developments. Conclusion.
Its key finding is that 96% of companies confirmed they are making changes to their supply chains due to geopolitical events. While 27% of companies said they were decreasing the length of their supply chains due to geopolitical events such as the war in Ukraine, another 33% plan to expand into more stable and transparent markets.
26 tugs; 9 pilot boats; 2 pilot helicopters; 7 work boats; 4 dredgers; and 3 survey boats. While having an open economy is a good thing, it does expose the country to greater volatility as the economy is influenced by global events and economies to a large extent. using below key resources *. Information from Transnet website.
They have also reintroduced Pit Stops – a semi-monthly event where drivers are invited to stop by the terminal for a free lunch, a gift item, and a moment to reconnect with the team on the ground.
Elsewhere, the Bank of Canada business survey for the 4th quarter of 2022 indicated that there were still price adjustments pending and that many of these relate to previous supply disruptions. One of those critics is John McCown, a senior fellow at the Center for Maritime Strategy. This was discouraging news despite some improvement.
Storms, disasters, war: although a large number of negative events occur every year, it is frightening to see how slowly companies can react to such disruptions to supply chains – even in highly industrialized countries. If they were to produce in Germany, they would generally not be competitive.
Global maritime commerce gathered momentum two years ago and raised sentiment in the shipping industry,” says Frida Youssef , UNCTAD’s trade analyst. There’s little doubt that trade wars in these arenas could reshape global maritime trade patterns and dampen UNCTAD’s cautiously optimistic forecast. Balancing act.
Joining a chorus of voices in the automotive and maritime sectors, the port of Tyne, in the UK’s north-east, is troubled by the continued uncertainty over Brexit and says it would welcome clarity from the government on future trading arrangements, free ports, tariffs and free zone corridors. Looking for clarity on the Tyne.
Concern about supply chain disruptions triggered by the Lunar New Year holiday that began this week is running higher this year than last, according to a survey from the German container logistics platform Container xChange.
The 4th of July is an eventful time of the year – both for the nation and for the economy. While the event was held privately last year due to the pandemic, this year we will see people return to the event to watch in person. The women’s competition saw Miki Sudo of Tampa win her seventh consecutive event by eating 48.5
According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. One-quarter of consumers plan to give “gifts of experience” such as tickets to a concert or sporting event.
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