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Research by the British Chambers of Commerce (BCC) has found that the Red Sea disruption has increased costs and created delays for over half of British importing manufacturers and retailers (53%), with over 55% of exporters also experiencing increased costs
In the fast-paced world of Fast-Moving Consumer Goods (FMCG), efficient supply chain management is essential for success. One critical element of a well-functioning supply chain is strategic warehousing. By strategically locating and managing warehouses, FMCG companies can streamline operations, reduce
At 05:30 GMT yesterday the 26th March 2024, the 9,662 TEU vessel “Dali” leased by Maersk collided with the Francis Scott Key Bridge in Baltimore, sending at least 20 people and a significant section of the bridge into the Patapsco
The flagship logistics sites in London, Medway and Biggleswade have achieved an astonishing hat-trick in securing simultaneous ISO accreditations for quality, health, safety and sustainability. The International Organisation for Standardisation (ISO) is an international group that establishes norms for the reliability,
Despite assumptions that OCEAN Alliance members might decide their current setup is not fit for purpose and split to form a new partnership, they took the market by surprise by extending operational cooperation for at least another five years. CMA CGM,
Outsourcing your logistics and fulfilment brings many benefits, the most significant of which are efficiencies, cost savings, improved cashflow, ability to scale rapidly and enhanced risk management. By outsourcing their logistics and fulfilment to 3PLs, businesses avoid investing in infrastructure, equipment
The current Red Sea instability has shifted the market balance – albeit temporarily – in the carriers’ favour, but it also raises questions about the binary balance of power between carriers and shippers. This disruption is different from those preceding it,
After announcing the end of the 2M alliance Maersk is joining with Hapag-Lloyd to form The Gemini Cooperation, in a move that will shake up the East-West container shipping market. Since announcing the breakup of its 2M Alliance with MSC in
The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on many routes, including from the Indian Subcontinent and South East
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