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Supply Chain & Logistics News Round Up (September 23rd-27th)

Logistics Viewpoints

2024 Typhoon Season has Caused Billions in Agricultural Losses This year’s typhoon season has been particularly disruptive, severely affecting port operations and shipping across the western Pacific, with significant storms such as Gaemi, Ampil, Shanshan, Yagi, and Bebinka impacting Taiwan, China, Japan, Vietnam, and the Philippines.

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Freightos has publicly listed today as Nasdaq:CRGO

Freightos

We are fortunate to have Gesher and M&G as our partners, and further investment from our partner Qatar Airways, as we debut in the public markets. If international shipping didn’t exist, well, we’d all be standing here naked. And while global freight supports some $19 trillion in global trade, what a burden shipping has been.

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Qatar Ordering Over $9B of LNG Carriers from Three South Korean Companies

Supply Chain Brain

Shipping companies serving Qatar Gas are planning to sign contracts with the three shipbuilders between September and October to construct 40 LNG carriers

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

While in 2022 Pakistan received oil supplies from Qatar, Nigeria, Egypt, and Italy, this year supplies from Nigeria and Qatar are set to fall. Consider this: in January 2022, globally Qatar exported 7.2M tons; this January Qatar exported only 5.7M tons and Nigeria exported 1.5M tons and Nigeria only 790,000 ton.

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Freightos is going public…and how we got here

Freightos

World trade is built on a foundation of global shipping. In the two years prior to starting Freightos, I witnessed, as CEO of a company called Lightech, how international shipping is offline, opaque and inefficient, adding cost and uncertainty to cross-border trade. But it doesn’t always work. Enter Freightos.

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Shopify, Flexport and Freightos in Supply Chain Tech Related News

Supply Chain Matters

That includes the acquisition of collaborative warehouse robotics provider 6 River Systems in 2019, and online shipping fulfilment services provider Deliverr in May of last year. The company cited falling demand for shipping services in 2023 and the overall macroeconomic downturn that has impacted global businesses as reasons for this action.

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This Week in Logistics News (November 5 – 11)

Logistics Viewpoints

The countdown is officially on for the 2022 World Cup in Qatar. Instead, due to the climate in Qatar, the tournament was pushed out to November and December. This, along with a host of controversies, have led many to believe that awarding Qatar with the World Cup was a blatant mistake.