Category Archives for Industry News

Containers pile up at Indian docks amid COVID-19 lockdown With Indian ports facing serious inland service shortages amid a 21-day countrywide lockdown that began Wednesday, exporters and importers are scrambling to move… Containers pile up at Indian docks amid COVID-19 lockdown Journal of Commerce

CEVA Logistics declares force majeure, citing COVID-19 impact CEVA Logistics has become the latest global forwarder to declare force majeure on all its ocean, air, and land contracts, invoking the measure just… CEVA Logistics declares force majeure, citing COVID-19 impact Journal of Commerce

COVID-19 to accelerate digitalization, automation of container shipping The world right now is in the grip of the pandemic spread — and the health situation is almost guaranteed to get worse in the coming… COVID-19 to accelerate digitalization, automation of container shipping Journal of Commerce

Truck makers shutting US plants on COVID-19 fears US heavy-duty truck manufacturers are closing factories in the US as the coronavirus disease 2019 (COVID-19) spreads and demand for new heavy trucks and tractors remains… Truck makers shutting US plants on COVID-19 fears Journal of Commerce

COVID-19 to usher new Wall Street focus on supply chain hedging As logistics managers, shippers, and carriers contemplate how to hedge against supply chain disruption as a result of coronavirus disease 2019… COVID-19 to usher new Wall Street focus on supply chain hedging Journal of Commerce

Truck driver scarcity cripples container flow at India’s JNPT Terminal leaders and shippers at India’s Jawaharlal Nehru Port Trust (JNPT), scrambling to push shipments at the end of the fiscal year, are caught up… Truck driver scarcity cripples container flow at India’s JNPT Journal of Commerce

Forwarders warn of force majeure due to coronavirus impact International forwarders are warning of potential force majeure on freight contracts due to the unforeseen impacts of the global coronavirus (COVID-19) outbreak.DHL Global Forwarding… Forwarders warn of force majeure due to coronavirus impact Journal of Commerce

DHL Global Forwarding declares force majeure due to COVID-19 impact DHL Global Forwarding has invoked force majeure on all ocean and air freight contracts due to the unforeseen impacts of the global coronavirus (COVID-19)… DHL Global Forwarding declares force majeure due to COVID-19 impact Journal of Commerce

US, Europe already in ‘COVID-19 recession’: economist The US and global economies are already falling into recession, with forecasts being revised on the fly as the coronavirus disease 2019 (COVID-19) spreads around the world, putting an end to… US, Europe already in ‘COVID-19 recession’: economist Journal of Commerce

Coronavirus spurring new inventory replenishment strategies Shippers are focusing on new strategies to reposition inventory to replenish store shelves with critical items during the coronavirus disease… Coronavirus spurring new inventory replenishment strategies Journal of Commerce