BlogSimpliship Updates for Shippers, NVOCCs, and Freight Forwarders

 

Stronger Together: The Uprising of Supply Chain Communities

Via Talking Logistics

Today, industries are finding ways to thrive by catching up with today’s consumer and shifting their focus on technology. Cloud based platforms run todays marketing, news, communication and even dating scene. So why are supply chain and logistics so late to the game?

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Suez Canal Takes Step Closer in Goal of Becoming International Logistics Hub

via WSJ

This week, the Egyptian government will announce the winner of a tender to build a side channel near the Suez Canal. This channel will open up 24/7 access for vessels in the Mediterranean directly to East Port Said. This expansion is a major win for shipping companies, shippers and Egypt’s economy because it allows two-way traffic on the waterway for the first time.

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WEST COAST PORT BACKLOG CAUSING INVENTORY ISSUES FURTHER DOWN THE SUPPLY CHAIN

Via WSJ

Retailers are feeling the ripple effect of West Coast port back logs earlier this year.

Inventory level reports form major retailers like Nike and Pier 1 Imports are showing as much as a 10% rise in inventory from this point last year. The back log stems from a 9 month standoff between West Coast port operators and the dockworkers union. At one point the port was reporting it had up to 31 ships waiting to come into port.

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All the convenience of a travel site.... minus the gnome

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