Yangshan and Salalah top container port efficiency index.

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Container spot rates expected to continue rising in June

Container spot rates expected to continue rising in June. Drewry’s World Container Index (WCI) was up 12% week-on-week on 6 June at $4,716 per feu. Meanwhile the Shanghai Containerized Freight Index (SCFI) on 7 June stood at 3184.87 points, a 4.6% increase, slowing from the previous week’s double-digit percentage jump that took it to levels not seen since August 2022. [...]

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South Korea to beef up supply chain resilience by tapping Malaysia and Asean

South Korea to beef up supply chain resilience by tapping Malaysia and Asean. KUALA LUMPUR (June 9): South Korea is enhancing its supply chain resilience by intensifying collaborations with Asean countries, particularly Malaysia, in response to the escalating United States-China economic rivalry. South Korea’s special envoy for Indo-Pacific affairs, Chung Kee Yong, told Bernama that his country is currently prioritising [...]

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Why Rail and Intermodal Remain Integral to Supply Chains

Why Rail and Intermodal Remain Integral to Supply Chains. Supply chains might be modernising at pace, but rail and intermodal transportation are still giving companies the edge amid ongoing volatility   Supply chains continue to evolve in a variety of ways to meet the demands of a rapidly changing global business environment. And yet, despite the prevalence of substantial digitisation [...]

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