Transolve Global | Supply Chain

12 Sep Revised National Freight & Supply Chain Strategy Announced

Posted at 00:01h in Australia, Australian Infrastructure Programs, Freight Forwarding, Supply Chain by susan pop 0 Comments

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An updated National Freight and Supply Chain Strategy has been announced by the federal government. This revised strategy has been developed to support Australia's freight and supply chain sector, which has significantly evolved since the strategy's first iteration in 2019. The National Freight and Supply Chain...

07 Feb Trump’s tariffs and the supply chain

Posted at 14:05h in Australia, Global Trade, Supply Chain, Tariffs by susan pop 0 Comments

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United States President Donald Trump's announcement of tariffs on the nation's three biggest trade partners, Canada, Mexico and China, has raised global market concerns. The three tariffs, consisting of 25% tariffs on Mexican and Canadian imports and an additional 10% on China, have momentarily been paused...

30 Sep Night movements permitted at Pasir Panjang

Posted at 09:24h in Global Port Update, Global Trade, Ports, Singapore, Supply Chain by susan pop 0 Comments

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The Maritime & Port Authority of Singapore (MPA) has announced that night movements of line-towed container barges will be allowed to and from the Pasir Panjang Terminal. This initiative aims to enhance connectivity with regional ports, as well as improve port efficiency, reduce the time...

29 Sep Typhoon Bebinca closes Ports Shanghai and Ningbo

Posted at 22:48h in Global Port Update, Global Trade, Port Disruptions, Supply Chain, Typhoon Bebinca by susan pop 0 Comments

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Vessel bunching caused by Typhoon Bebinca has seen operations disrupted at Shanghai and Ningbo ports, potentially impacting vessel schedules at destination ports. The strongest typhoon to hit Shanghai since 1949, the ships that moved away in anticipation of the storm will return over the coming days,...

09 Apr Trade routes fortunes fluctuate

Posted at 21:35h in Freight Forwarding, Global Trade, Logistics, Supply Chain by susan pop 0 Comments

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With the exception of extended transit times, Asia-Europe container supply chains have remained relatively unscathed by the Red Sea crisis; however, the same cannot be said of European exporters to the Middle East and Indian subcontinent. Substantially longer transit times and sky-rocketing freight rates have resulted...

09 Apr Port of Baltimore closed indefinitely

Posted at 21:25h in Freight Forwarding, Logistics, Port Disruptions, Port of Baltimore, Ports, Shipping, Supply Chain by susan pop 0 Comments

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The catastrophic ship collision and collapse of the Francis Scott Key Bridge has indefinitely blocked access in and out of the Port of Baltimore. A major hub for products such as cars, forest products, farm equipment and sugar, this incident will disrupt a key trade lane...

09 Apr Conditions improve across The Panama Canal

Posted at 21:20h in Freight Forwarding, Global Trade, Panama Canal, Shipping, Supply Chain by susan pop 0 Comments

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Improved water levels have seen The Panama Canal Authority announce the opening up of three more daily transit slots (as of March 2024) to accommodate growing demand. These additional slots will increase the daily quota to 27, representing a significant increase from the daily limit...

09 Apr Red Sea disruption continues

Posted at 21:12h in Global Trade, Port Disruptions, Red Sea, Supply Chain by susan pop 0 Comments

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The disruptions across the Red Sea continue unabated, with ongoing route diversions, prolonged transit times and associated delays resulting in an 80% volume reduction of maritime traffic across the Suez Canal. However, whilst the continued shipping diversions have seen rates surge 200% throughout January and February,...

27 Feb Interrupted Supply Chains and Increased Prices

Posted at 12:38h in Fees and Charges, Freight Forwarders, Freight Forwarding, Freight Rates, Global Trade, Red Sea, Shipping, Supply Chain, Update, Vessel Schedules by susan pop 0 Comments

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Due to ongoing disruptions due to issues such as the Suez Canal and geopolitical tensions, shipping liners are imposing surcharges and higher freight rates, which are having a disproportionately large cost impact on small volume shippers. Since major operators began rerouting via Africa's Cape of Good...

07 Dec Cyber Security Incident Affects DP World Australia

Posted at 00:25h in Australia, Cyber Attack, Port Disruptions, Ports, Supply Chain by susan pop 0 Comments

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DP World Australia has detected and began responding to a cyber security incident on Friday 10 November 2023. This has resulted in disruptions to port operations and freight services across Sydney, Melbourne, Brisbane and Fremantle. Whilst DP World did initially restrict landside access to Australian port...