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Logistics: Page 28
Iran Blocks IMO Plan to Evacuate Trapped Ships, Seafarers
The proposal, backed by Oman, was potentially the first phase of a wider Omani proposal to consult on setting up a new management system for the strait.
Kraft Heinz to Consolidate Supply Chain, Procurement Functions
The strategy of combining supply chain and procurement functions is relatively new, but becoming more common.
UPS to Invest $48M in Boosting Cold Chain Network
UPS said that the $48 million investment will be used to improve delivery speeds, helping them stay ahead of rising demand for temperature-sensitive medications.
How Storm Season Disrupts Trailer Availability Across Freight Networks
Shifting weather patterns are bringing severe events to regions that historically haven’t dealt with them, and making storms less predictable than in the past.
IT Outage Stalls Rail Services in Germany
The disruption is believed to have stemmed from a malfunction in Germany's digital railway radio network.
IMO to Carry Out Evacuation Plan for Stranded Hormuz Ships
The IMO said that it will carry out a large-scale operation with cooperation between the maritime industry and the U.S., Iran, Oman and other Gulf Coast states.
U.S. Temporarily Authorizes Sale of Iranian Oil
With the U.S. temporarily lifting its sanctions on Iranian oil, the Middle Eastern nation will now temporarily be allowed to sell oil using U.S. dollars
Iran Says Hormuz Closed Again as Talks With U.S. Set to Open
Iran’s declaration on June 20 will likely make more risk-averse shipowners with vessels that have been trapped inside Hormuz for months more wary of exiting.
Iran Announces Plan to Charge Fees in Strait of Hormuz
Iran's chief negotiator Mohammad Bagher Ghalibaf said that the strait still needs to be managed, despite progress made on negotiations with the U.S.
Strait of Hormuz Starts to Reopen
Lloyd's List maritime data found that ships that have been trapped in the strait since February have already started exiting the waterway.
Gartner: Top 25 Supply Chain Organizations Are Embracing AI
French energy technology multinational Schneider Electric retains top position for fourth consecutive year; Walmart climbs to third.
DP World Seeks Return to U.S. Container Operations at Texas Port
DP World exited the U.S. port business in 2006 over security concerns raised by some American lawmakers citing Sept. 11 terrorists’ links to the United Arab Emirates.
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