Arctic Shipping Fuel Ban
Arctic Shipping Growth Endangers Ecosystems: Heavy Fuel Oil Ban Urged The increase in shipping traffic in the Arctic, because of melting sea ice due to global warming, is exacerbating climate change and endangering delicate ecosystems. Shipping activity in the Arctic is predicted to increase by over 50% between 2012 and 2050, causing a shrinkage of […]
2023 Logistics Challenges
The logistics industry faces several challenges in 2023, including economic uncertainties, data breaches, labor shortages, and the need to adopt emerging digital technologies and greener solutions. Supply chain disruptions caused by volatile oil prices, uncertain supply chain conditions, and climate change have a significant impact on the logistics industry. Cybersecurity and data breaches are another […]
Sea mystery solved after two decades
Sea Shipping is essential for the supply chain industry — but also a dangerous one. In the last year, many significant accidents occurred throughout ocean travel, with one of the most notable one being – fire of the automobile carrier Felicity Ace. Statics shows, cargo ships suffered the most losses at sea worldwide during 2021-22. […]
Airlines ban in US using Russian airspace
Several international airlines, “that continue to do business with Russia” and are flying to the US from countries are facing the possibilities of having to take longer routes after senators called for a ban on use of Russian airspace. In a rare display of bipartisan collaboration in Washington, a Democrat and a Republican, have written […]
Earthquake – Turkey and Syria Supply Chain Chaos
Earthquake – Turkey and Syria Supply Chain Chaos High magnitude earthquake that hit Turkish and Syrian border towns, with aftershocks, has caused serious shipping disruption to container flows. The impacts are constantly being evaluated by supply chain stakeholders and initial reports indicated there had been large-scale damage to infrastructure at Iskenderun port, a major harbour […]
Logistics – The backbone of global trade
Logistics industry can easily be said to be the backbone of our global economy. Right from the dawn of the industrial revolution, there was an increasing demand by firms for the transportation of manufactured products, acting as a vital stimulus to modern economic coordination and growth. As a matter of fact, American economy relies heavily […]
Ukraine-Russia war, impact continues
There have been a growing number of disruptions in the railroads, in Russian occupied Ukraine, that carry most of the supplies from Russia to Russian forces inside Ukraine. Ukrainian civilians in Russian occupied territory were inspired to sabotage rail lines because of the early example of anti-Russia Belarusians who sabotaged the few rail lines crossing […]
Climate Havocs
Europe and US dealt with extreme weather conditions last couple of weeks. Natural phenomenon cause shutting down of cities and transportation systems, damaging property, hurting the economy, and causing injuries and loss of life. Blizzards, snow, floods etc. affect the environment by damaging or destroying trees, plants, and crops. The quantity of snow deposited by […]
The Economic Gloom
As per sources, the pace of global shipping activity is predicted to lose steam this year as economic turmoil, conflict in Ukraine and the impact of the continued pandemic weaken the outlook for trade. Some of the world’s largest investment banks are expecting global economic growth to slow down further in 2023, due to previous […]
New Era of Logistics
The logistics industry remains one of the fundamental economic sectors. Hence it constantly seeks to innovate, and this innovation has been focused on efficiency, flexibility, technology, and care for the environment for over 10 years. Let us look on main trends that will develop during 2023. There has been a boom in the logistics industry […]