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July 23, 2024 Update

Freightos

Houthis in Yemen continued their attacks on vessels in the region last week, including a deadly strike on a tanker. Though many – but not all – carriers were able to restore operations relatively quickly, delays are expected for impacted shipments as the backlog is cleared.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

led coalition has positioned warships in the region to protect commercial vessels and has launched airstrikes on Houthi targets in Yemen, but that hasn’t put a stop to Houthi attacks on vessels. Spot-market rates to ship a container from China to Los Angeles rose 38% in the week through Jan. 18 to $3,860.

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FMCG Drinks Route to Market – let’s get fizzical in CEE

Enchange Supply Chain Consultancy

In a past life I ran the Supply Chain for an FMCG company in the 6 Gulf Co-Operation Council (GCC) countries plus Yemen in the Middle East. The Distribution model was one different legal entity per territory even for the largest market of Saudi Arabia.

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Inflation is Changing Eating Habits and Grocery Shopping

Enterra Insights

Bloomberg observes, “For the most vulnerable societies — think Yemen, which imports 90% of its food in the midst of a grinding conflict and depreciating currency — this poses a genuine risk of hunger. ”[5] Around the world, fears of going hungry are growing. ” Mitigating Rising Prices.

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Exiger’s Technology Forecasts Merchandise, Textiles and Luxury Goods Most Vulnerable to Potential Strait of Hormuz Blockade

Exiger Perspectives

strike on weapons storage facilities in Yemen , there is increasing concern about how a disruption to this trade route could impact the global economy. .- Bound Shipments, Global Transshipping and Persian Gulf Oil WASHINGTON , Oct. Exiger analyzed shipments traversing the Strait of Hormuz that use the Jebel Ali port.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. The UK says it is considering targeting Houthi positions in Yemen in response to the continued aggression.

Shipping 347
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January 30, 2024 Update

Freightos

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The Pentagon believes that US and UK strikes in Yemen are degrading Houthi abilities to carry out attacks on Red Sea traffic, but despite these steps and new attempts at diplomatic pressure the attacks continue and so (..)