Long term shipping costs up 465 per cent amid supply chain crisis Supply Chains Industry experts have warned politicians that supply chain disruption is having a big impact on the costs of shipping contracts.
UK rakes in largest-ever Black Friday sales day yet Black Friday Shoppers in the UK spent heavily on Black Friday this year, as data from banks and card operators showed it was Brits’ biggest-ever sales day, placing the nation on track to spend almost £9.2bn by the end of this weekend. Spending during Black Friday in the UK reached record highs by close of business on [...]
AO World shares dive 24 per cent amid driver shortage and supply chain problems Driver Shortage Shares in AO World plunged this morning after the company swung to a loss of £11m, as a shortage of drivers and global supply chain issues stalled growth in the UK.
Brits have worst delivery experience, research says November 18, 2021 British consumers have a worse delivery experience compared with their counterparts in the US and Europe, even though the supply chain crisis is affecting the whole world. Research from operations experience platform Parcellab has revealed that 39 per cent of UK consumers claim to have placed an order that never arrived, compared with 18 per [...]
UK costs of shipping higher than mainland Europe, research reveals November 17, 2021 The cost of shipping to the UK is 24.2 per cent higher compared with mainland Europe, as a result of the supply chain crisis. Research from global trade management firm ManSys has revealed that Europe’s three most expensive ports for a 20-foot container ship are Liverpool, with a £9,112 rate, followed by Southampton and London, [...]
Volatile supply will remain for the rest of the year, warns Hamburg port November 16, 2021 Germany’s largest port, Hamburg, has warned that – despite a 2.9 per cent hike in sea cargo registered in the first nine months of 2021 – global supply chain issues are here to stay, at least until the end of the year. Compared to the same time last year, the port – which is Europe’s [...]
Port authority offers thousand acres of land to bolster UK’s strained supply chains November 15, 2021 The UK’s largest port operator is offering over a thousand acres of development land to support the UK’s supply chain, manufacturing and renewable energy sectors. Associated British Ports (ABP) operates 21 ports across the UK, and is now making 14 strategic sites available for a range of business uses. During the next 18 months, ABP [...]
Supply chain crisis could last until 2023, UK ports warn November 14, 2021 The supply chain crisis could last up until 2023, Associated British Ports (ABP) – the UK’s biggest port operator – has warned. ABP’s chief executive Henrik Pedersen, told the Sunday Times: “When you have congested container ports around the world, it takes a very long time to turn it around. We have a shortage of [...]
9 in 10 Brits are worried that the supply chain crisis is here to stay November 9, 2021 New research reveals that over 90 per cent of Brits are worried that supply chain problems will be ongoing, throwing brand loyalty out the window.
Shipping delays will continue into next year, Maersk warns November 2, 2021 The supply chain crisis will extend into next year, Maersk has warned today while the the world’s largest container shipping group sees profits rise. A shortfall in the number of truck drivers, particularly in Britain and the US, has stopped hundreds of container vessels from being able to deliver goods around the world, the group [...]