Topic
delays
Logistics 90-Second Power Outage at Network Rail Centre Triggers Widespread Rail Commuter Chaos
A 90-second power outage at Network Rail's Manchester operating centre caused widespread disruption across the North West of England, halting trains and leaving crews out of position. Network Rail has apologised, opened an investigation, and said engineers are adding resilience to signalling systems.
Supply Chain Six-Year Tender Lead Time Climb Signals Structural Shift in Supply Chain Planning
The SONAR Tender Lead Time index has drifted higher for six straight years, reaching 3.74 days. The trend reflects improved planning, trade policy volatility, and increased inventory buffers, with implications for carrier operations and intermodal usage.
Logistics Freight Rates Surge and Ports Jam as West Asia Conflict Disrupts Shipping from India
The renewed West Asia conflict has sent ocean freight rates soaring from Indian ports, with rates to West Asia jumping from $400 to $3,500 and to Argentina doubling to $9,000. Port congestion at Nhava Sheva and Mundra is delaying berthing, while container shortages and vessel blank calls are disrupting exports. Exporters are urging government intervention as logistics costs spiral.
Logistics Freight Rattled by Delays, Ship Shortages and Port Congestion as West Asia Conflict Flares Up
Renewed West Asia conflict has caused severe disruptions on trade routes from India, with ocean freight rates more than doubling to Argentina and surging to West Asia from $400 to $3,500. Ports on India's west coast, particularly Nhava Sheva and Mundra, face congestion and vessel blank sailings. Exporters report container shortages, order cancellations, and mounting detention/demurrage costs, with some pausing bookings for Bahrain and Sydney.
Logistics New EU Entry Exit System Triples Border Wait Times, Rome Airport Chief Says
The EU's new digital border system, the Entry Exit System (EES), has nearly tripled the time UK nationals spend at passport control at Rome's Fiumicino Airport, according to chief aviation officer Ivan Bassato. Ryanair has warned passengers to expect extended waits this summer, while border police at Portugal's Faro airport report software bugs but say queues should clear quickly.
Finance Shapoorji Refinancing Delays Spur Some Bondholders to Seek Exit on Debt
Some bondholders of Shapoorji Pallonji Group are attempting to sell non-convertible debentures of subsidiary Goswami Infratech at about 90% of par amid prolonged refinancing talks. The group has ₹8,343 crore ($884 million) in zero-coupon bonds maturing June 30, which have already been extended once and are now seeking another extension. The development highlights rising stress in India's private credit market, with the yield on the notes climbing to 21.75%.
Trade India, UK Address Trade Pact Hurdles Amid CETA Delays
India and the UK are addressing hurdles in their trade pact as CETA implementation faces delays. Key issues include the UK's steel safeguard and carbon border adjustment mechanism, affecting India's exports.