Turvo
DECEMBER 21, 2021
This year’s increased COVID-19 instances, extreme weather events, and Suez Canal closure increased the difficulties. Furthermore, port restrictions and the Ever Given being stranded in the Suez Canal for nearly a week slowed cargo movements and worsened congestion. percentage points. Global chip shortages.
MTS Logistics
JANUARY 19, 2024
Freight insurance, also known as cargo insurance, is a type of coverage that protects the value of goods being transported against loss or damage during transit. The significance of obtaining cargo insurance during this period cannot be overstated, as adverse weather poses a lot of risk to the transportation of goods.
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Supply Chain Brain
MARCH 15, 2022
These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund. Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures.
The Logistics of Logistics
FEBRUARY 12, 2021
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting.
Logistics Business Magazine
MAY 14, 2024
Promising to be a dynamic convergence of leading players in the logistics industry, this event is poised to showcase the latest innovations, trends, and solutions driving the sector forward. Logistics Business will also be exhibiting.
MTS Logistics
MAY 28, 2024
However, as global congestion and delays become more frequent and the interconnectedness of the international supply chain exacerbates the negative impact of local events, shippers face a higher risk, resulting in lost production and impacting sales. This way, the cargo is transported by different vessels sailing on different days.
Freightos
MAY 15, 2024
The impact of this shift on air cargo rates, though, could be mitigated somewhat by summer travel’s additional passenger flights adding cargo capacity to the market. The biggest driver of elevated air cargo rates out of China – Freightos Air Index rates out of China were at $5.86/kg Europe – N. America and $3.60/kg
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