However, these staggering losses are almost entirely preventable, according to Mahesh Verina, president and CEO of ParkourSC, a provider of supply chain insights and intelligence software. To do the job, pharma supply chains must become ‘more digital and agile’ – with the help of technology, h...

The easing of lockdowns in China has caused an increase in throughput at the country’s ports, some of which have seen volume recovery above 30% compared with mid-March baseline, according to FourKites’ latest findings. But it is not all good news, as Tradeshift’s survey findings add to a mount...

In February, the government launched its Levelling-up white paper – which aims to set out a “complete system change of government works that will be implemented to level-up the UK” – following the creation of a Department for Levelling-up, Housing and Communities. Peel Ports CEO Claudio Veri...

According to the latest McCown Report, throughput at the top ten US container ports reached 2,164,789 teu last month, after a 3% gain in May and a 5.1% increase in April. This represented a huge, 26.9%, increase on the pre-pandemic levels of June 2019, evidence of the nation’s insatiable appetite ...

Strict lockdowns led to a dramatic drop in China’s economic growth in Q2, to 0.4%, compared with 4.8% in the first three months of the year, marking the country’s slowest growth since the Covid crisis began in 2020. Furthermore, the risk of additional lockdowns, combined with high inventory leve...

Employers failed to get the third, and longest, warning strike stopped by the courts, but the courts did ban further industrial action until 26 August, for further rounds of negotiations between the Central Association of German Seaport Companies (ZDS) and the union, ver.di. “During this period, n...

According to exclusive data collected by Logistic-News from carrier/freight forwarder sources, the cost of shipping a 20ft container from Nhava Sheva/JNPT or Mundra to London Gateway is now $5,240, 13% less than $6,009 a month ago. For a 40ft box, rates are down to $5,940, from $7,141 – a decr...

Minister of state-owned enterprises Erick Thohir said last week 95% of containerised exports from Belawan, located in northern Sumatra, were transhipped in Singapore and Port Klang in Malaysia. Data from state-owned port operator Pelindo shows Belawan handled 550,871 teu last year, and Statistics In...

The group has clinched a $1.2bn (NIS 4.1bn) deal to secure concession rights for Haifa port, Israel’s second-busiest gateway, in a joint bid with local partner Gadot Group. Haifa is a key intermediate hub in the Mediterranean region. “Through the winning bid, the Adani-Gadot consortium has secur...

AIS data shows the 17,300 teu ship is now docked at the China Merchants-operated Doraleh Terminal at 05:30 local time, after arriving under its own steam this morning local time. A CMA CGM statement delivered today, said: “On 3 July, APL Vanda reported that about 55 containers from a sin...