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Supply shortages in the aviation industry could last several years -AerCap CEO
Airlines are expected to encounter shortages of planes, engines, and parts for several years as they try to meet the…
Amazon is leveraging AI to increase logistics efficiency
Amazon is using AI to help identify damaged goods + speed up packaging: E-commerce giant Amazon will employ the use…
Ship losses hit a 12-year low last year + The UN will salvage deserted oil tanker in Yemen in 10 days
The UN is stepping in to salvage deserted oil tanker in 10 days: The United Nations is stepping in to…
Container ships are moving at all time slow speeds
Container ships have been moving at all-time low speeds in 1Q 2023 to face “structural overcapacity” and high fuel prices,…
China is not off the global trade map just yet. PLUS: E-commerce giants are scaling back their logistics plans + UAE becomes gold trade hub
Companies continue to rely on China despite its strained ties with the US: Companies like Chicago-based first aid kit producer…
Fighting in Sudan stalls exports of gum arabic + ship financing remains competitive
Sudan’s exports of gum arabic have come to a standstill since fighting between rival military factions began there last month,Bloomberg…
Only one thousandth of 1% of containers were lost at sea in 2022
A record low number of containers were lost at sea last year: Only661 shipping containers were lost at sea in…
US ports are suffering from an import “hangover” + Alibaba spins off cloud division
US ports are experiencing a “hangover” from the shipping surge in 2021 + 2022: Seaports in the US are facing…
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