The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
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Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia's accession to the World Customs Organization's Kyoto and Istanbul Conventions marks a significant step towards simplifying customs procedures and promoting trade facilitation. The Kyoto Convention focuses on standardizing modern customs procedures, while the Istanbul Convention facilitates the temporary import of goods. Both aim to reduce trade costs, improve efficiency, and foster global economic development. Saudi Arabia's membership is expected to accelerate global trade facilitation efforts.

12/30/2025 Customs Knowledge
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US Import Drop in October Points to Economic Slowdown

US Import Drop in October Points to Economic Slowdown

S&P Global reported a 3.4% year-over-year decrease in US imports for October, marking several consecutive months of decline. This suggests a potential slowdown in US consumer demand. Factors such as high inflation, inventory adjustments, and global economic complexities are likely contributing to this trend. The import volume trends in the coming months will be closely monitored for further indications of economic health.

01/08/2026 Logistics
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Sierra Leone Djibouti Join HS Convention to Streamline Trade

Sierra Leone Djibouti Join HS Convention to Streamline Trade

In 2015, Sierra Leone and Djibouti acceded to the International Convention on the Harmonized Commodity Description and Coding System, becoming the 152nd and 153rd contracting parties. This is significant for both countries, facilitating trade, enhancing international competitiveness, and promoting economic development. The Convention covers over 98% of global trade in goods. Its standardized coding system simplifies trade procedures, enhancing the efficiency, transparency, and standardization of global trade.

01/07/2026 Customs Knowledge
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Cloud Data Enhances Aviation Fleet Analytics

Cloud Data Enhances Aviation Fleet Analytics

The Flight Info Direct platform, powered by Snowflake, provides global aircraft data including owner, model, and status. It empowers maintenance, risk assessment, and valuation processes, enabling data-driven decision-making. The platform offers comprehensive insights into the global aircraft fleet, facilitating informed strategies and optimized operations for aviation professionals and businesses. It helps users leverage data for improved efficiency and profitability within the aviation industry.

01/07/2026 Logistics Industry Insights
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Jacksonville Port Sees Throughput Drop Amid East Coast Shipping Slowdown

Jacksonville Port Sees Throughput Drop Amid East Coast Shipping Slowdown

Jacksonville's port throughput has decreased, impacted by the global economy and supply chain disruptions. Port upgrades are underway to address these challenges. Shipping companies need to optimize routes, improve efficiency, and embrace digital transformation to navigate the current environment. The port's performance has significant implications for the broader East Coast economy, highlighting the need for strategic adaptation and resilience in the face of ongoing global economic uncertainties.

01/16/2026 Logistics
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Envista Enhances Supply Chain Resilience and Omnichannel Solutions

Envista Enhances Supply Chain Resilience and Omnichannel Solutions

enVista, a leading global supply chain and omnichannel consulting firm, is dedicated to helping businesses build more resilient supply chains, optimize omnichannel operations, and gain a competitive edge. Their services cover a wide range of areas, including global supply chain strategy, DC optimization, inventory management, omnichannel strategy, and system implementation. enVista is recognized in Gartner reports. Download the Gartner® Market Guide to learn more.

01/19/2026 Logistics Industry Insights
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Port of Los Angeles Modernizes to Boost Supply Chain Efficiency

Port of Los Angeles Modernizes to Boost Supply Chain Efficiency

Facing global supply chain challenges, Port of Los Angeles Executive Director Gene Seroka emphasizes the need for port transformation. This transformation centers on digitalization, intelligence, and collaboration, aiming to improve efficiency, reduce costs, and enhance competitiveness, setting a benchmark for the global port industry. The key is leveraging technology to streamline operations and improve communication across the supply chain, ultimately creating a more resilient and efficient system.

01/19/2026 Logistics Industry Insights
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Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Norway's Eitzen Group plans to build the world's largest all-electric container ship, receiving approximately $19 million in government support. This vessel will be equipped with over 100 megawatt-hours of batteries and will focus on transportation between Norway, Sweden, and Germany. This initiative marks a new phase in electric shipping, heralding a future for sustainable development. The current largest electric container ship is COSCO's 'Greenwater 01'.

06/18/2025 Logistics
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