port disruption

Port of Felixstowe at a Standstill, What Does This Mean for the Holidays?

Port of Felixstowe at a Standstill, What Does This Mean for the Holidays? The U.K.’s largest container port, The Port of Felixstowe, is essentially at a standstill after 1,900 members of the Unite union walked out for eight days over failed wage negotiations. Based on trade data analysis by MDS Transmodal* the total value of containers impacted […]

Port of Felixstowe at a Standstill, What Does This Mean for the Holidays? Read More »

Fire Brought Under Control After Burning for 5 Days at Cuba’s Largest Port for Crude Oil and Fuel Imports

Fire Brought Under Control After Burning for 5 Days at Cuba’s Largest Port for Crude Oil and Fuel Imports Firefighters on Tuesday finally overcame what officials described as the worst fire in Cuba’s history. Over five days the fire destroyed 40% of the Caribbean island’s main fuel storage facility and caused massive blackouts. Raging flames

Fire Brought Under Control After Burning for 5 Days at Cuba’s Largest Port for Crude Oil and Fuel Imports Read More »

Supply Chains ‘broken’ and ‘burned-out’ Workers Slowing Transit Time from Asia

Supply Chains ‘broken’ and ‘burned-out’ Workers Slowing Transit Time from Asia Despite falling demand, transit times from Asia have failed to improve, signifying a “broken” supply chains and “burned-out” logistics workers. According to Mr Lin, a Taiwanese freight forwarder, reduced consumer spending is “dragging down” ocean and air freight demand, leading customers to assume transit

Supply Chains ‘broken’ and ‘burned-out’ Workers Slowing Transit Time from Asia Read More »