In recent weeks, a severe ocean freight capacity crunch across most major trades has sent freight rates on a skyrocketing trajectory. This rather sudden change in supply and demand has been fueled by high demand and network bottlenecks in part due to the Red Sea situation.

Starting with the conclusion: Chaos across both the global ocean and airfreight markets with no short-term outlook for relief.

Anchored deep in our 1-3-5 Strategy is a dedication to creating the most purpose-driven and meaningful company within the logistics industry. Why? At the end of the day, logistics is a people’s business. The recently launched Empowering People: Unlocking Potential Project is designed to foster growth, inclusivity, and innovation across our organisation so everyone can thrive, contribute, and grow — personally and professionally.

Scan Global Logistics (SGL) has proudly received a statement from DNV that the company’s pharma management system complies with the Good Distribution Practice (GDP) Pharma scheme, a global standard for the distribution of pharmaceutical products. Currently covering 19 sites in 9 countries, SGL plans to extend implementation to other sites within 2024 to further support its pharma and healthcare customers worldwide. The statement is applicable from mid-April.