Below you'll find a list of all posts that have been tagged as “logistics shipping”
The recent spate of attacks on the merchant fleet in the Red Sea continues to impact shipping traffic in the area. Last Thursday, air strikes on January 11th by US and UK fighter planes on targets in Yemen from where Houthi militants have launched attacks on commercial shipping since early December. This highlights that this conflict will continue to escalate …
Winnipeg Richardson International Airport is slated for a significant $19.4 million cargo upgrade, backed by the National Trade Corridors Fund. The project encompasses the construction of a state-of-the-art storage facility, equipped with cold storage for perishable goods, aimed at expanding cargo capacity for both imports and exports. The initiative is strategically designed to enhance accessibility, particularly for remote and Northern …
Maersk vessel named Hangzhou has been attacked on December 30th, 2023 while travelling through the Red Sea with the intention of going through the Suez Canal. Ongoing security concerns in the Red Sea are affecting shipping lines navigating from Asia to North America and Europe because -despite US Navy presence- Yemen-backed Houthi rebels remain a threat to container vessels. While …
Spot freight rates from Asia to North America have surged due to the deteriorating security situation in the Red Sea. Carriers are expected to leverage market uncertainty during January negotiations for 2024–25 service contracts. The attacks on shipping have led vessels to divert around the African Cape of Good Hope, increasing voyage times and costs. Some customers are considering transloading …
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