The temporary suspension of P&O Ferries’ services has rocked a UK logistics industry already struggling to cope with a host of supply chain issues caused by Brexit, the pandemic, and ongoing manpower shortages.
Russia’s invasion of Ukraine could exacerbate a tonnage shortage in the global MPV/HL sector driven by ongoing container-side congestion and spillover cargo.
The board of UK e-commerce and reverse logistics specialist Clipper will recommend shareholders accept terms of a takeover deal from New York-based GXO.
Severe supply chain disruption in the world’s key markets has led to a joint effort among international competition authorities to investigate potential collusion.
While a rate "plateau" may be looming, container congestion and equipment supply shortages will continue to push spillover cargo into the MPV sector, analysts say
There are no signs the severely congested ports in Asia and the US ports will ease anytime soon, leading a Chinese shipper and European forwarders to step into a space once reserved for carriers.
The current decarbonization framework for global shipping will fall way short of 2050 targets and requires significant investment in zero emission technologies backed by government, shipping executives say.
Port congestion at major European hubs and supply-side disruption across the regional logistics chain continues to put the brakes on factory production.
The regulatory requirements governing the shipping of dangerous goods make their handling more complex, which shippers believe is behind growing difficulties in securing equipment and space on vessels.