Order volumes grew for 79% of third-party logistics (3PL) providers in 2021, but that growth was tempered by inventory availability and disruptions that cost the U.S. economy $228 billion, says …
Economic
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The Baltic Exchange’s dry bulk sea freight index declined on Wednesday, pressured by lower rates across the capesize vessel segment, recording its lowest level since June. The overall index, which …
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Cargo
White House Lauds Easing of Supply Chain Clogs, Cites Shipping Competition Concerns
by adminby adminThe White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in …
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Vessel Performance Solutions’ Vesper efficiency optimisation tool is now available on Kongsberg Digital’s Kognifai Marketplace. Vesper is a tool developed by Vessel Performance Solutions (VPS) for optimizing operational efficiency through …
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The volume of container cargo processed at South Korea’s seaports rose 1.3 percent on-year in the first quarter of 2021, according to the country’s Ministry of Oceans. Container cargo processed …
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