Rising costs and lack of drivers means it's still a bumpy road for hauliers
The road haulage sector is still facing rising operational costs, and transport companies have “little choice” ...
It is another worry for the already stretched US supply chain that the shortage of truck drivers is worsening. Is it that drivers’ pay has fallen behind the average, or is it that increased waiting at container terminals is making the job less and less attractive?
The Journal of Commerce aptly describes truck drivers as “the glue that holds supply chains together”; this article explains the background to the crisis that dishes out more woe to shippers and retailers trying to keep inventories at safe levels.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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