The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage while increasing transit time from 16 days to 32 days. This is according to a report by LSEG Shipping Research.
Articles
RSSRed Sea diversions add nearly a million dollars per voyage to shipping costs while doubling transit time
Jan 29, 2024
Zebra study: Warehouse operators get serious about AI, as industry disruption looms
Jan 25, 2024
Zebra Technologies Corporation, the digital solution provider enabling businesses to intelligently connect data, assets, and people, has found that warehousing operators are getting serious about a range of artificial intelligence (AI) technologies, as industry disruption looms large, according to the Zebra 2023 Making Modern Warehousing a Reality: Supply Chain Resiliency & Agility research paper.
Dematic names Mike Larsson as new President
Jan 25, 2024
KION Group AG (KGX.DE) has appointed Michael Larsson as President of Dematic Corp. and a member of KION’s executive board. Larsson succeeds Hasan Dandashly, who retired from the company effective 31 December 2023.
Musgrave goes for growth with the help of Vanderlande’s ADAPTO shuttle technology
Jan 24, 2024
Ireland’s food retail and wholesale company, Musgrave, went operational at the end of last year with an integrated warehouse solution from Vanderlande, which includes the ADAPTO shuttle-based automated storage and retrieval system (AS/RS). The solution has been installed in Musgrave’s facility in west Dublin to support the company’s future growth ambitions and the need to manage labour scarcity issues.
FERNRIDE – Autonomous, electric trucking solution driving sustainability, productivity and safety in the supply chain
Jan 24, 2024
ERNRIDE is furthering the use of autonomous, electric trucking within logistics centres, production facilities, intermodal and maritime terminals, enabling its customers to immediately and significantly improve productivity, sustainability and worker safety.
VTPost bring state-of-the art robot-based parcel sorting technology to Vietnam for the first time
Jan 24, 2024
A new parcel sorting system featuring some 160 LiBiao ‘Mini Yellow’ autonomous guided robots has gone live at South-East Asian supply chain solutions specialist Viettel Post’s storage and distribution hub, which is located on the outskirts of Hanoi.
Suzi Perry reveals winners of BIFA Freight Service awards
Jan 22, 2024
Suzi Perry hosted a crowd of over 550 at the British International Freight Association’s 2023 Freight Service Awards, which took place at the Brewery in London.
Mytraffic acquires Geoblink
Jan 17, 2024
Mytraffic, provider of location intelligence and traffic analytics solutions, has acquired Geoblink, a geospatial intelligence platform. Mytraffic comments that this strategic collaboration signifies a pivotal moment in redefining the landscape of advanced location insights in UK and in Europe.
Faster transport times across Europe: the Rhenus Group transforms its groupage freight traffic
Jan 16, 2024
The international logistics specialist, Rhenus, is restructuring its groupage freight solutions for transporting goods by road in Europe.
Blue Yonder launches interoperable solutions to unlock performance and build supply chain resilience
Jan 16, 2024
Blue Yonder, the supply chain solutions provider, has released its largest product update in the history of the company, launching what it describes as the first set of interoperable solutions across the entire supply chain – from planning to warehouse, transportation, and commerce – delivered on the company’s Luminate Cognitive Platform.
