Red Sea crisis exposes need for greater supply chain resilience
Since November 2023, attacks on commercial vessels in the Red Sea and Gulf of Aden have pushed freight and insurance…
Red sea disruptions
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May US port volumes surge despite ongoing supply chain challenges
National Retail Federation (NRF) vice president for supply chain and customs policy Jonathan Gold noted: “We’re experiencing the strongest surge…
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Next boasts ‘no product price inflation’ as FY23 sales, profit surge
Next group profits were up by 5% to a slightly better than expected £918m ($1.17m) as sales rose almost 6%…
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AAFA urges Biden to intervene on labour issues to avoid US port gridlock
The AAFA wants the administration to “immediately engage” in the ongoing labour contract negotiations involving the International Longshoremen’s Association (ILA)…
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Egypt apparel exporters optimistic for H2 despite impact of Red Sea crisis
Egypt, which is a key European nearsourcing hub, has seen shipping rates increase since the Red Sea crisis, and the…
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Red Sea crisis explained: What it means for the fashion supply chain
The armed rebel group from Yemen, which calls itself Houthis started targeting ships in the Red Sea in mid November…
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US import cargo volumes to surge in 2024 despite Red Sea turmoil
The National Retail Federation (NRF)'s vice president for supply chain and customs policy Jonathan Gold pointed out that only 12%…
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Ongoing Red Sea attacks prompt longer term apparel sourcing shifts
Since October 2023, Yemen’s Houthis, a Zaidi Shia Islamist militant group that controls much of northern and western Yemen, have…
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December deceleration in US imports expected amid Red Sea disruptions
According to the Global Port Tracker report released on 8 January by the National Retail Federation and Hackett Associates, the inbound cargo…
