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Global Logistics: Page 26

Container Lines Rerouting Ships Away From Suez Canal in Response to Red Sea Missile Attacks
Every major commercial shipping line is rerouting vessels away from the Suez Canal in response to the recent series of missile attacks by Houthi militants in the Red Sea.
Suez Canal. Photo: iStock.com/IgorSPb
Railroads Urge Border Officials to Reopen U.S.-Mexico Crossings
“While the company understands this is a complex humanitarian crisis, most migrants are not crossing the border on trains,” Union Pacific said in a statement.
Bridges Crossing the Rio Grande in Eagle Pass, Texas. Photo: iStock.com/halbergman
U.S. Announces New Task Force to Counter Houthi Red Sea Threat
The attacks in the Red Sea, which handles about 12% of world trade as a key waterway for goods and energy, have emerged as a fresh threat to global supply chains.
Image: iStock.com/PeterHermesFurian
BP Suspends Oil and Gas Shipment through Red Sea
BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.
Gas prices are likely to rise because of disruption to shipping in the Arabian Gulf. Photo: iStock.com/jetcityimage
More Major Ocean Carriers Cease Red Sea Routes After Attacks
About 17,000 ships and 10% of global trade pass every year through The Bab al-Mandab strait, also known as the Gate of Tears, which is only 20 miles (32km) wide.
Stade, Germany. Photo: iStock.com/eyewave
Global Manufacturing Slump Could Continue into 2024
The current level of spare capacity indicates that the end of a global manufacturing recession “is still some way off,” said GEP’s vice president of consulting, Todd Bremer.
Munich, Germany. Photo: iStock.com/Wirestock
AT&T Planning to Buy Rivian EVs to Cut Costs and Emissions
AT&T said it expects to add Rivian electric commercial vans, RIT pickup trucks and R1S sport utility vehicles to its fleet in early 2024.
Indianapolis, Indiana. Photo: iStock.com/jetcityimage
Star Bulk and Eagle Bulk Shipping Agree to $2.1B Merger
Star Bulk Carriers' shareholders will own 71% of the company while the remaining 29% will be owned by Eagle Bulk shareholders.
Photo: iStock.com/liorpt
Mastering Data Flow in Your Supply Chain
It’s not too late to course-correct your data practices, but you have to take that first step sooner rather than later.
Image: iStock.com/bestdesigns
Italy Pulling Out of Belt and Road Initiative
Italy’s BRI participation was set to be automatically renewed in March 2024 before the country notified China it was withdrawing from the initiative.

Photo: iStock.com/Nikola93
Green Shipping Partnership Signed by Ports of Singapore, LA and Long Beach
The new strategy outlines the steps that the three ports will take to speed up the decarbonization of the shipping industry.
The Port of Los Angeles, Los Angeles, California. Photo: iStock.com/viavado
Competitors Buy Majority of Yellow Properties at Auction
The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.
Kokomo, Indiana. Photo: iStock.com/jetcityimage
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