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Shipping Losses Hit Record Low in 2022

Logistics Business Magazine

During 2022, 38 total losses of vessels were reported globally, compared with 59 a year earlier. It accounted for one-in-five losses in 2022 (10) driven by factors including high levels of trade, congested ports, older fleets and extreme weather. Around a quarter of vessels lost in 2022 were cargo (10).

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Selling Your Service Business: What Matters Beyond Valuation

WorkWave

Senske is known for being a national leader in both lawn care and pest control services, and has experienced impressive M&A activity in recent years, while being backed by PE-firm GTCR since 2022. For the lawn care sector, for example, you’ll want to connect with brokers who specialize in the field.

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. The large fines above are examples of this class of penalties. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border.

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Data standardization and its benefits – Executive Insights with Thomas Bagge, CEO of DCSA

Shipping and Freight Resource

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. For example, in the airline industry, everything is digitalized now and this happened because IATA has been defining the.

Data 90
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Six trends impacting the warehouse automation industry

Logistics Business Magazine

Moving into the second half of 2022, we’re seeing heightened interest in long-proven warehouse automation systems that pick, pack, sort and carry packages throughout the facility. For example, a recent Interact Analysis report showed the mobile robot market is expected to grow from $3.6bn in 2021 to $18bn in 2025.

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5 Ways Technology Can Help Logistics Companies Tackle New Year Demand

Locus

As we are beckoned into 2022, customers are getting their shopping lists ready. The many benefits of technology include increased speed of identification, reliable, accurate and quick data gathering, processing, analysis and transmission. Better predictive analysis with the help of Artificial Intelligence.

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Initiating a new national support approach – mobilising national logistics in the support of military operations

Logistics in War

A submission to the 2022 Defence Strategic Review. 8] Echoing other strategic documentation of the time, the DER ‘Industry Policy Sub-Review team’ recommended that the HQ ADF reconsider its strategic logistics planning capability, and for national mobilisation to be considered coherently as a critical logistics issue. 1] Beaumont, D.,