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...

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 ...

With the possibility of industrial action as early as today (18 July), he signed an executive order on Friday for a board of arbitrators to seek a solution to the railway contract dispute simmering since January 2020. During the 60 days given to the board to develop a compromise, no industrial actio...

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Boxes have piled up at the ports of Vancouver and Prince Rupert, as it takes longer to move them off the docks to urban centres in the east. On 12 July, three out of four container facilities at the port of Vancouver (Centerm, Deltaport and Fraser Valley Docks) showed box dwell times in excess of se...

More boxes could mean a higher risk of transporting unwanted organisms, but would also help reduce the increased dwell times at destination ports in Europe and the US. Nevertheless, the issue of cleaning containers inside and out to prevent the spread of potentially harmful insects and other wildlif...

Last minute talks between the employers, the Central Association of German Seaport Companies (ZDS) and the trade union ver.di, representing 12,000 port workers, were suspended yesterday evening with no agreement in sight. The third ‘warning strike’ is the longest so far and will further aggravat...

By 2026, HMM aims to grow its container shipping fleet to 1.2m teu, from the present size of 820,000 teu, and will also expand its dry bulk fleet to 55 ships, from 29 vessels currently. While container freight rates have been at historically high levels, the dry bulk market has also been healthy, an...

The move ostensibly has a two-pronged goal: to get around mounting challenges for trade with Russia in the wake of global sanctions on Moscow, and to curtail the demand for dollar payments. “In order to promote growth of global trade with emphasis on exports from India and to support the increasin...