The Middle East’s largest dredger will be used, the Mohab Mamish, which arrived in Egypt last month, reports The Guardian. Read more... ...
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UK Royal Mail to test drone deliveries to Scilly Isles
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Global semiconductor shortage can be explained by the 'bullwhip effect'
“This bullwhip effect explains how these small shifts in demand for certain goods ripple up the supply chain, causing bigger and bigger swings in production. Since they can’t predict the future, retailers introduce errors when they scale up their orders in response to expected demand. Wholesale ...
Egyptian judge rejects appeal for release of Ever Given
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Step up to help the big ship and the little digger help India
All the proceeds will go to Flexport.org’s humanitarian logistics programmes for relief in India, which “needs our help right now”. It does need help: and Logistic-News pledges to make a donation to flexport.org’s India fund for every reader that clicks through. ...
UPS announces record first-quarter financial results
The headline numbers are consolidated revenues of $22.9bn, up 27% year on year, with daily volumes up 14%, while consolidated operating profit came in at a healthy $2.8bn, up 158%. You can read the full figures here. Carol Tomé, UPS CEO, said: “During the quarter, we continued to execute our stra...
Shipping industry calls for new global carbon tax
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UN urges authorities to 'monitor freight rates' and 'strengthen competition'
“It is important to ensure that national competition authorities can monitor freight rates and market behaviour … It remains important for policymakers to continue to strengthen national competition authorities in the area of maritime transport and ensure that they are prepared to provide the re...
Heroes to rescue stranded gnomes? We're a little short of them
Which leads us to the latest Ever Given crisis – some of the containers were full of garden gnomes, and they are now in desperate need of a daring rescue, as British gardeners bemoan the loss of new hirsute little chums for their gardens. One garden centre worker said he hadn’t seen any new gnom...