As hackers exploit the interconnectedness of the global supply chain to stage ransomware attacks, executives say technology and strategy are key to avoiding a knockout punch.
A ransomware gang is threatening to leak 2 terabytes of files stolen from shipping firm ECU Worldwide in the aftermath of a cyberattack as the owner vows to “take any steps necessary, legal and otherwise,” to protect customer data.
Garner Transportation Group president and CEO is the second woman to chair the American Trucking Associations.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
With airfreight capacity squeezed and rates high between China and the U.S., ocean freight consolidators offer the option of fast, cheaper less-than-container load, trans-Pacific services.
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
Less-than-containerload services offer forwarders and their shippers an alternative to more expensive air freight and full-container transport services, industry experts say.
