Scheduling on the main trade lanes out of Asia is expected to worsen following a massive explosion aboard a Yang Ming vessel, closing the Ningbo-Zhoushan Port, one of the world’s busiest and most significant ports. This unforeseen event has heightened concerns in the logistics and shipping industry, already grappling with various challenges. The port will … Continued
The recent CrowdStrike outage has added significant strain to the already stressed global supply chain. CrowdStrike, a major player in cybersecurity, provides essential services that help protect the digital infrastructure of numerous companies worldwide. The outage, however, disrupted these services, leading to widespread concerns and operational challenges across various sectors, including logistics. Air Freight Service … Continued
In the aftermath of the devastating collapse of the Francis Scott Key Bridge, vessel traffic through the Port of Baltimore has been suspended indefinitely upending operations at one of the busiest ports in the U.S., according to a statement from the Maryland Port Authority. Shipping routes for cargo ships may be rerouted to nearby ports. … Continued
British businesses could see a supply chain disruption as the country begins to impose a post-Brexit rule mandating stricter border controls on EU imports into the country. The British port system might also be unprepared as the country begins to impose stricter checks on goods flowing in and out of the United Kingdom. Britain left … Continued
Worldwide Logistics Group, an integrated logistics provider, announces the promotion of Daniel Jakob to the position of Senior Vice President Europe. In his new role, Jakob will be overseeing operations in key European markets, including Germany, Netherlands, Spain and Poland, and will play a crucial role in the company’s further expansion strategy. Jakob brings a … Continued
Recent escalations in Houthi attacks in the Red Sea region are set to impact global shipping operations, leading to a surge in shipping rates as carriers reroute vessels to avoid the high-risk zone. Shippers worldwide are likely to face challenges in terms of increased costs, potential delays and adjustments to their supply chain strategies. Rerouting … Continued
In a strategic move to enhance its global reach and cater to the growing demands of the Canadian market, Worldwide Logistics Group is proud to announce the opening of its newest office in Toronto, Canada. This is the first office in Canada for the growing logistics firm and it’s poised to become a beacon in … Continued
As tensions continue in the Middle East around the Israel-Hamas war, some international shipping carriers are levying war risk surcharges on several trade lanes traveling through the Red Sea and eastern Mediterranean. Last weekend, three commercial vessels were attacked with ballistic missiles fired by Yemen’s Houthi rebels indicating the wide scope of the war in … Continued
As 2023 comes to a close, the expansion of the Worldwide Logistics Group network continues in Europe with the opening of Worldwide Logistics Group – Netherlands. The Netherlands office is strategically located in Rotterdam, the busiest container port in Europe handling almost 100 ships a day. The decision to open an office in Rotterdam is … Continued
Panama Canal drought conditions continue to cause supply chain disruptions as the Panama Canal Authority (PCA) has cut the number of daily reservation slots from 32 to 22 in November. By February 1, 2024, slots will be dropped to 18. Wait times will continue to rise for ships without reservations if ships don’t reroute. The … Continued
