Flexport to cut 20% of its workforce again
Flexport is reportedly laying off around 20% of its workforce as the company attempts to adapt to a shipping industry slowdown.
Source: ship-technology.com
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How the Houthi attacks in the Red Sea are disrupting global trade
Key global trade routes have been disrupted because of attacks on ships in the Red Sea by Houthi rebels, forcing traffic away from the Suez Canal and around the tip of Africa. The costly delays are rippling through industries from auto to fashion.
Source: csmonitor.com
The Lloyd's List Podcast: What happened to supply chain resilience? :: Lloyd's List
Between Black Sea disruption and two key canals choking under the pressure of climate and war, a triple whammy of blocked arteries threatens world trade. The impacts on the wider global economy could be profound. So what happened to all that talk of supply chain resilience?
Source: lloydslist.com
Attacks by Houthi rebels have unraveled key global trade route
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine.
Source: nbc-2.com
Houthi attacks in Red Sea unravel global trade route | News, Sports, Jobs
WASHINGTON — Car factories have idled in Belgium and Germany. Spring fashion lines are delayed at a popular British department store. A Maryland company that makes hospital supplies doesn’t know when to expect parts from Asia. Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related […]
Source: altoonamirror.com