Baltimore Bridge Collapse Costs Wallenius Wilhelmsen Millions

Baltimore Bridge Collapse Costs Wallenius Wilhelmsen Millions

The Baltimore bridge collapse is projected to cost Wallenius Wilhelmsen between $5 and $10 million. The company is actively rerouting cargo to mitigate the impact and ensure the continuity of its customers' supply chains. This proactive approach to risk management aims to minimize disruptions caused by the port interruption and maintain efficient delivery schedules. The incident highlights the importance of robust contingency plans within global supply chains to address unforeseen events and maintain operational resilience.

11/03/2025 Logistics
Read More
Vancouver Port Faces Trade Delays After Flooding

Vancouver Port Faces Trade Delays After Flooding

Flooding in Western Canada has disrupted operations at the Port of Vancouver, hindering rail and road transport and exacerbating port congestion. Foreign trade companies should closely monitor logistics, prepare for delays, and maintain communication with customers to avoid additional costs. The disruption is significantly impacting supply chains and is expected to cause further delays in shipments to and from the port. Businesses should proactively assess the impact on their operations and implement contingency plans.

01/19/2026 Logistics
Read More
Florida Logistics Hit As Hurricane Ian Disrupts UPS Fedex USPS

Florida Logistics Hit As Hurricane Ian Disrupts UPS Fedex USPS

Hurricane Ian severely impacted Florida, leading to service suspensions by UPS, FedEx, and USPS, causing supply chain disruptions. Businesses need to strengthen risk management, diversify supply chain networks, and establish contingency plans to enhance supply chain resilience in order to cope with future challenges. The disruptions caused by the hurricane highlight the vulnerability of concentrated supply chains and the importance of proactive planning to mitigate potential risks and ensure business continuity in the face of unforeseen events.

01/16/2026 Logistics
Read More
US Chamber Calls for White House Action on West Coast Port Crisis

US Chamber Calls for White House Action on West Coast Port Crisis

The U.S. Chamber of Commerce is urging the White House to intervene in the stalled West Coast port labor negotiations, fearing a potential port shutdown would severely damage the U.S. economy. Significant disagreements between labor and management on wages, benefits, and other issues could lead to supply chain disruptions and increased inflation. The White House needs to quickly appoint an independent mediator and develop contingency plans to safeguard the stability and prosperity of the American economy.

01/21/2026 Logistics
Read More
Top US Trucking Firms Grew Despite Pandemic Challenges

Top US Trucking Firms Grew Despite Pandemic Challenges

Despite the pandemic's impact, the Top 50 US trucking companies demonstrated remarkable resilience. Key success factors included agile adaptation, technological innovation, employee well-being, lean management, and risk control. These companies optimized operations, accelerated digital transformation, and strengthened contingency plans. By doing so, they achieved growth against the odds and solidified their position in the industry. Their experience provides valuable lessons for navigating future challenges and underscores the importance of proactive strategies in a volatile environment.

01/19/2026 Logistics Industry Insights
Read More
Iskenderun Port Recovery Shapes Global Trade Outlook

Iskenderun Port Recovery Shapes Global Trade Outlook

The Port of Iskenderun is closed due to the disaster, with an uncertain reopening timeline, significantly impacting global trade. Businesses are advised to closely monitor port updates, explore alternative solutions, and strengthen supply chain coordination. The port authorities have pledged to release a recovery timetable as soon as possible. We will continue to monitor the situation and provide information support. The closure is causing significant supply chain disruptions and hindering post-disaster recovery efforts in the affected region. Contingency planning is crucial.

09/28/2025 Logistics
Read More
10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

10 Strategies to Mitigate Supply Chain Risks in Cargo Transport

This article delves into the importance of cargo insurance and provides ten strategies to help businesses build a stronger cargo risk management system. These include understanding insurance mechanisms, establishing tracking systems, optimizing packaging, selecting reliable carriers, strengthening risk assessments, developing contingency plans, familiarizing oneself with claims procedures, staying informed about industry trends, considering trade credit insurance, and paying attention to 'General Average' risks. By implementing these strategies, companies can mitigate potential losses and ensure the security of their supply chains.

11/03/2025 Logistics Encyclopedia
Read More
Amazon India Exits Food Delivery Amid Ecommerce Struggles

Amazon India Exits Food Delivery Amid Ecommerce Struggles

Amazon India's closure of its food delivery service, coupled with domestic COVID-19 impacts, presents shipping challenges for cross-border e-commerce sellers at year-end. Sellers need to develop meticulous shipping plans, monitor inventory storage policies, optimize supply chain management, and prepare for extended shipping delays. This proactive approach is crucial to navigating uncertainties and ensuring business stability. Focusing on efficient logistics and contingency planning will be key to mitigating disruptions and maintaining a consistent level of service for customers.

01/07/2026 Logistics
Read More