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...If unresolved, ships will soon be out of position, threatening logistics and global supply chains, Clerc said....
...Demand to move goods from Asia to Europe by rail via Russia has soared since the start of the Red Sea crisis, according to logistics companies and rail operators, boosting the finances of the country’s state-owned...
...Logistics now account for 15 per cent of CMA CGM’s core profits, compared with under 4 per cent a year earlier....
...Enrico Vergani Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers) London EC4, UK...
...Mads Drejer, chief operating officer of Denmark-based logistics company Scan Global Logistics, said his company was “increasingly seeing” higher air freight demand....
...There is little immediate prospect that car carriers will return to their traditional Asia-to-Europe route via the Red Sea until the attacks subside....
...Logistics accounted for roughly 45 per cent of CMA CGM’s revenues, Saadé said, although the group is yet to close its €5bn acquisition of the logistics business of French billionaire Vincent Bolloré....
...Those risks have increased given tensions with Russia in the Black Sea, the potential for conflict in the Taiwan Strait and the threat to global shipping in the Red Sea....
...The group also said disruptions to shipping in the Red Sea had complicated this year’s outlook....
...Attacks on ships in the Red Sea by Yemen’s Houthis have led nearly all car-carrier operators to avoid the route and instead divert vessels around the Cape of Good Hope....
...Attacks on shipping in the Red Sea threaten to create a ‘‘chaotic” period for Europe’s manufacturers and retailers as supply chains are disrupted, logistics experts have warned....
...As is now traditional at Trade Secrets during times of supply chain turmoil, I went to the mountaintop to consult Ryan Petersen, chief executive of the freight forwarder and logistics company Flexport, who...
...The problems were further exacerbated by diversions following attacks on the Red Sea, which have substantially lengthened ship journey times....
...Freight forwarders, factories, manufacturers and retailers worldwide are rejigging logistics to manage the biggest interruption to trade since the Covid pandemic led to congested ports around the world....
...Romantic tulle gowns in powder pink, red or white were given an edge with crystal straps, intricately embellished corsets worn over the top and dangling strings of crystals and pearls, while dresses with...
...“It will need one full-time person managing ABV and two part-time staff on logistics — that’s 8 per cent of my workforce dealing with ABVs, not to mention the day to day distraction when we should be focusing...
...What was an adventure has turned into a routine bit of logistics. But it is time to wake up and smell the coffee....
...Missile attacks in the Red Sea and worries over Taiwanese sovereignty have brought the importance of naval power back into the global discussion....
...Letter in response to this article: Shipping lives with arcane world of geopolitics / From Enrico Vergani, Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers), London EC4, UK...
...But finance, logistics, that side of things all had to be restructured.”...
...Michael Aldwell, executive vice-president of Swiss logistics group Kuehne+Nagel said about 19,000 ships navigated through the Suez Canal each year, typically taking 30 to 40 days to complete an Asia-Europe...
...Critics have recently pointed to the aircraft carriers’ dwindling escort fleet of frigates and destroyers as evidence of a lack of logistic support....
...As of late afternoon on Wednesday, 121 vessels capable of carrying 1.6mn 20ft shipping containers had rerouted via the Cape of Good Hope, according to Kuehne+Nagel, a Swiss logistics group, which expects...
...However, Royal Mail has lost market share since 2013 after Amazon diverted to its own logistics arm parcels that it previously sent via Royal Mail....
...It’s still the market leader for the UK’s fast-growing parcels delivery business, but it faces tough competition from rivals like Amazon Logistics....
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