Dark side of shipping in murky waters
Nations that are exporting under sanctions –mainly for oil exports – are slipping through international restrictions and managing their exports with guile, but that may be changing. There are more than 700 ships operating today in what a data analytics firm brands the opaque fleet, carrying Russian, Venezuelan or Iranian oil. Flags of convenience fly all […]
C.H. Robinson selects new CEO
Dave Bozeman will be the new chief executive officer (CEO) and member of the board of directors at C.H. Robinson Worldwide, Inc. Bozeman most recently served as vice president, Ford Customer Service Division, and vice president, Enthusiast Vehicles, for Ford Blue of Ford Motor Company, where he oversaw the overall business performance for some of […]
Big Lots shutters forward distribution centers to curb costs, excess capacity
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Big Lots accelerated the closure of all four of its forward distribution centers as the company looks to reduce costs and remove excess capacity, according to a May 26 earnings call. The retailer ceased all […]
What the latest changes in the fuel price mean – RFA
Every time there is a decrease in the price of fuel, the cost per kilometre per kilogram to transport goods reduces, says Gavin Kelly, chief executive officer of the Road Freight Association (RFA). Of course, it depends on the type of operation. “This can be between 30% to 40% of the daily operational cost and […]
GCMD and GSBN ink collaboration agreement to boost decarbonisation
The Global Shipping Business Network (GSBN), a blockchain technology consortium providing a data exchange platform, signed a Knowledge Partnership Agreement with the Global Centre for Maritime Decarbonisation (GCMD). By facilitating the secure and scalable sharing of data relevant to decarbonisation activities, the partnership aims to assist in overcoming the transparency gap between digitsation and decarbonisation. […]
Call made to re-classify certain Transnet services
Diversified logistics giant Transnet – the largest state-owned logistics entity in Africa – should declare certain elements as essential services to avoid industrial action, as the utility’s operations are vital to the economy. The chief executive of Business Unity South Africa, Cas Coovadia, has said that recent strikes had throttled the ports and reduced crucial […]
Mawani, Saudi Post sign deal to boost Saudi Arabia’s logistics sector
The Saudi Ports Authority (Mawani) and Saudi Post (SPL) have signed an agreement aiming to improve and optimise service delivery in Saudi Arabia in line with the objectives of the National Transport and Logistics Strategy (NTLS). According to Mawani, through this collaboration, the companies are set to deploy the latest technologies and modern capabilities in […]
Manufacturing speed, agility can help solve supply disruptions
It’s been a tough few years for companies manufacturing products. Black swan events and ongoing challenges from the aftermath of those events have upended supply chains, and these problems seem never-ending. As a supply manager, you know the list well. There are potential geopolitical challenges facing the sourcing of raw materials. China, for example, controls […]
Upward trend in schedule reliability slows
Global schedule reliability has continued to improve month-on-month (m-o-m), although the strength of the improvements have declined. That’s according to the latest Global Liner Performance (GLP) report published by maritime consultancy Sea-Intelligence and covering the period up to and including April. In April, reliability improved by 1.7 percentage points m-o-m to 64.2%, up 29.9 percentage […]
Port of Felixstowe and Westwell sign agreenment for 100 autonomous trucks
UK’s Port of Felixstowe and Shanghai Westwell Technology Co., Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks. The order follows a tender exercise and a thorough testing and evaluation process. The delivery of the first autonomous trucks will be in September 2023. In addition to the autonomous trucks, the port […]
