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...“Seattle is a logistics business. It is grind and detail and logistics, and that is what has been missing there over the past 12 months,” O’Leary said....
...If unresolved, ships will soon be out of position, threatening logistics and global supply chains, Clerc said....
...A recent effort to “regionalise” the US network — which involved restructuring the national parcel packing, sorting and delivery hubs, as well as its transport fleet, into eight regional networks — meant...
...The petition will also raise concerns about Logink, a Chinese software platform that provides data on global supply chain logistics, which critics say poses a national security risk to the US....
...“The combination of GXO’s technological capabilities and global reach with Wincanton’s proven expertise in the UK and Ireland markets will enhance our offering,” he added....
...It has been on an acquisition spree in logistics in recent years, helped by massive profits earned during the pandemic....
...Germany’s DHL said requests to transport goods on the Russian rail corridor had jumped about 40 per cent since container ships started diverting via a longer route in December....
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
...Enrico Vergani Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers) London EC4, UK...
...“I’m sure the logistics companies will be using the fact we are using [the ships] for a longer time to negotiate the cost,” he said....
...UK-based logistics group Wincanton is at the centre of a bidding war, with an agreed buyer increasing its offer and a third party also considering a bid....
...We’ve seen how action around Chinese steel and aluminium dumping has morphed into worries about critical minerals, electric vehicles and more recently transport and logistics, which brings into question...
...Mads Drejer, chief operating officer of Denmark-based logistics company Scan Global Logistics, said his company was “increasingly seeing” higher air freight demand....
...Shares of the Hong Kong-listed shipping and logistics subsidiary of Cosco, one of the world’s largest shipping groups, dipped 15 per cent after the company reported profits fell 86 per cent year on year...
...The extra distance meant a further headache for carmakers as his company would be able to transport fewer vehicles annually than if they were using the Red Sea....
...That projection is shared by Maersk, which has warned that the upheaval may cause a big hit to global growth....
...Officially, the canal is known as the Tonle Bassac Navigation Road and Logistics System Project....
...Along with Scandinavian rival Höegh Autoliners and Japanese conglomerates NYK Line, MOL and K Line, WW dominates an industry that transports cars built in Japan, South Korea and China to markets in Europe...
...Logistics now account for 15 per cent of CMA CGM’s core profits, compared with under 4 per cent a year earlier....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...It also dominates shipping logistics, giving its Logink supply chain platform free to ports around the world....
...Yet, despite everything, the global supply chain is remarkably resilient....
...Global prices per 40ft container fell 35 per cent between December last year and by the end of last month, according maritime consultancy Drewry....
...Yet that has less to do with its prospects and more to do with a weak global initial public offering market....
...Short of systemic challenges such as climate change and major global conflict, the global economy has proved remarkably resilient in the face of shocks....
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