Covid has triggered a rise in robotics technology in warehouses to prevent bottlenecks caused by staffing disruptions.
Saudi Arabia’s Jeddah port has launched an initiative to help cargo ships caught in the Suez Canal shipping jam by allowing them to store containers for free for an extended period of time….
The giant 400m container ship that has run aground and blocked the Suez Canal could disrupt $40bn worth of trade.
Procurement professionals are facing challenges as they seek to mitigate supply chain risks caused by port disruptions across the world.
Ports are suffering a “perfect storm” from Covid and Brexit with the cost of shipping goods increasing by up to 300%.
Electronics giant Samsung ensured supplier support during the pandemic by providing $1.3bn in advanced payments and $830m in loans.