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project44

Red Sea shipping attacks tail off but airfreight costs on the rise

Houthi rebels are continuing to affect shipping in the Red Sea but attacks are beginning to slow, says visibility firm Project44. Over 400 airstrikes on targets in Yemen by the US and Britain have killed 37, and it is likely that the persistent counterattacks have caused the Houthi weapon supply to dwindle. The US has meanwhile announced that it would consider removing the “terrorist group” classification on the Houthis if they ... [+]

Shipping escapes effects of Taiwan quake

Visibility specialist Project44 says it is not expecting any major impact on shipping from the earthquake that struck Taiwan on 3 April. The epicenter of the earthquake was well away from the major ports of Kao-Hsiung, Keelung, and Taipei. The nearest port is Hualien which handles coaster trade. Project44 anticipates ... [+]

Oz ports shrug off cyberattack

The recent cyber attack on DP World’s Australian container terminal operations on 10-13 November had little effect on berthing times at Brisbane, Melbourne, and Sydney according to report by visibility firm Project44. It adds that although the Port of Sydney experienced a recent high in berthing time, Brisbane's remains below ... [+]

Project44 appoints product chief

Visibility platform Project44 has appointed Adrienne Wilhoit as chief product officer. She brings over two decades of supply chain technology experience and will build upon project44’s SaaS platform, Movement, to help solve complex supply chain challenges. Prior to joining project44, Wilhoit was executive vice-president of enterprise product and technology ... [+]

A clearer picture of global supply chains

The Project44 supply chain visibility platform has made a number of enhancements. These include the ability to merge data from carriers and forwarders to deliver complete visibility from door to door, eliminating blind spots at interchanges so shippers can manage inventory in transit and meet order due dates while minimising ... [+]

Project44 helps orchestrate Yamaha supply chain

Musical instrument maker Yamaha has signed up to Project44’s Ocean Visibility and Port Intel solutions. It is using it to improve visibility of its global shipments, enhance its supply chain resilience and optimise its supply chain for its 15,000 containers worldwide. [+]

Visibility firm extends rail and barge options

The project44 visibility platform has acquired Synfioo, a Potsdam-based provider of rail freight and barge data in Europe. It offers comprehensive visibility of over 99% of all cargo rail movements across European countries and IoT-enabled rail tracking. It also offers accurate visibility of vital inland waterway segments across Europe.  Including ... [+]

British port delays worsen, says visibility firm

Brexit has caused unrelenting delays at UK ports, says Josh Brazil, senior vice president of global supply chain insights at visibility specialist, project44.Coupled with the crippling effects of Covid, Britain has been “at the eye of the storm for supply chain disruption. Lockdown uncertainty compounded the whirlwind of more stringent ... [+]

Lockdowns lead to shipping delays

Shipping delays from China to Europe spiked by a third in December, rising from four to six days, according to the project44 information service. Carriers struggled with schedule reliability in December as congestion at ports and the Covid Omicron variant resulted in delays. While carriers implemented various strategies, including blank sailings and sailing ... [+]

Funding boost for project44

The project44 supply chain visibility platform has received a $420 million investment from a  syndicate led by Thoma Bravo, TPG and Goldman Sachs Asset Management. It will be used to support the company’s strategic acquisition program and product development. Combined with $202 million equity funding in May of 2021, project44 says ... [+]

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