NEWS FROM jas wORLDWIDE

Maria Limberg considers herself “more than just an accountant.” “Finance is pretty basic, but it’s more than just the numbers,” she explains. What sets Maria apart is her holistic approach to finance. She recognizes the importance of deep industry knowledge, asserting that, for her, understanding the intricacies of logistics and supply chain is crucial to accurately interpreting financial data.

She hasn’t always been an expert at crunching numbers for logistics companies though.  

After studying finance for four years, she found herself navigating a tough job market and eventually started at a call center as a debt collector. The work was grueling, and she knew she wasn’t putting her talents to use. So, when the role of a Finance Assistant at a logistics company presented itself, she took a leap of faith and accepted. “It wasn’t the type of role or industry I initially saw myself in, but it seemed better than working for a collection agency,” she reminisces.

Despite her initial reservations, Maria embraced the role and quickly adopted a deep interest in understanding the 'how' and the 'what' that drive supply chains forward. What began as a leap of faith blossomed into a career where Maria found herself as a leader and “voice of reason” for many projects and initiatives.  

While one might assume that being a woman in finance in an already male-dominated industry would come with its obstacles, Maria acknowledges she is lucky that she hasn’t felt the pressure of any of those stigmas. “My approach has always been, do the work you know how to do, work hard, and appreciation will come. I’ve always felt that support,” she reflects.  

This constant support coupled with her tenacious and unrelenting spirit has enabled her to drive innovation and automation, often advocating for solutions where others initially did not see the benefit. She has played a crucial role in revolutionizing finance processes and enhancing efficiency within her team and beyond.

Alongside her dedication to invention and efficiency lies a passion for mentorship and leadership.  Maria's leadership principles revolve around collaboration and empowerment – as she knows firsthand how empowerment can help guide one’s path. In the past, Maria has worked as a mentor for new residents of Sweden, helping international professionals navigate the job search process in tandem with learning the norms of the Swedish culture. “It’s the cultural things that these very educated and experienced professionals need help with. They are very qualified, but even advising on how long to wait to call back for a job have been bits of advice that have made a big impact,” she shares. For her teams, she prioritizes this same environment of transparency where team members feel valued and encouraged to voice their opinions.

Maria's positive attitude and resilience are evident. She emphasizes the importance of cultural alignment and teamwork in overcoming obstacles and driving success. Beyond her professional endeavors, Maria finds fulfillment in her role as a mother to two sons, actively participating in their extracurricular activities. “If I’m not at the office, I’m at a game,” she mentions with a smile.

Her journey epitomizes resilience, passion, and the transformative power of taking a leap of faith. So now, when people ask Maria, “Why logistics,” her answer is, “Why not logistics?”

Current Situation  

The ongoing Red Sea container shipping crisis, now in its fifteenth week, has not changed much since the last update, and a clear normalcy timeline remains uncertain; as we have witnessed, attacks have continued throughout this past week. Shippers and industry stakeholders should brace for continued disruptions and higher costs and adapt strategies accordingly. The coming weeks will be crucial for interpreting the outcome of the IMO meeting and its potential impact on the situation. 

Industry Insights, Facts & Market Developments

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry's WCI Spot Index shows a continuing decline in rates week over week. However, Asia to Europe rates have not decreased as fast as in previous weeks. 
• US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, as well as drones on land before they are ever utilized. In the last few days, four more drones have been shot down. 
• Houthis claimed attacks on multiple vessels during the last week; however, vessel operators have refuted these claims from the Houthis and said no container vessels have been attacked directly.  
• Sea-Intelligence is showing a small improvement in schedule reliability and delays, however performance is still poor. The new normal of transiting around the Cape of Good Hope is becoming more stable, and further improvements are expected in the coming months. 
• As per the IMO’s Maritime security update on the Red Sea crisis and international response efforts dated March 29th, the IMO continues down the path of diplomacy to help stabilize the situation. The IMO reports they are actively involved in a long-term capacity building project in the Red Sea and that the EU is funding a 4-year project aimed at enhancing port security and fostering regional dialogue to address the underlying security concerns.  ‍

Our Commitment‍

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office. 

After a cargo ship collided with the Francis Scott Key Bridge on Tuesday, leading to its subsequent collapse, efforts to clear the debris have begun.

As of today, March 29th, the operational situation at the port is as follows: a crane has arrived at the site of the collapse to begin removing debris and clearing the wreckage from the channel, with another expected to arrive tomorrow. Additionally, three heavy lift vessels are routed to the site to assist in debris removal. Opening the port is a priority for workers; however, the timeline for clearing the area between the two pillars that supported the bridge’s main span, necessary for reopening vessel traffic, remains unclear.

While vessel traffic remains suspended, truck processing at marine terminals is still operational. Any new cargo arrivals scheduled for the terminal are being redirected through alternative ports in the region, primarily Norfolk and New York.

The Port of Baltimore reports that the ships unable to leave include three bulk carriers, one car carrier, two general cargo ships, one oil/chemical tanker, and three logistics naval vessels.

One Ocean Carrier has declared Force Majeure, CMA CGM, while the remaining advised they have stopped accepting bookings From, to/via Baltimore, and all cargo in transit will be re-routed. Information regarding active bookings via Baltimore will come from your local JAS offices, and all new bookings will be handled via alternative ports. For more details, please reach out to your JAS local office.  

For further detailed information and /or shipment specific information, or alternative solutions, please contact your local JAS office.

The collapse of the Francis Scott Key Bridge in Baltimore, Maryland—the fifth busiest container port on the US East Coast—will cause significant disruptions for US importers and exporters. Due to the hazardous and unstable conditions of the bridge the number of casualties remains indeterminate. However, more important than the obvious business disruptions are the lives affected by this unforeseen tragedy. JAS’s thoughts are with the people, families, and companies impacted as rescue teams work to secure the hazardous and unstable conditions of the bridge.

According to the Maryland Port Administration, “vessel traffic into and out of the Port of Baltimore is suspended until further notice.” As such, multiple merchant vessels, bulk carriers, and a vehicle carrier are now stuck in limbo within the Port of Baltimore. Cargo already gated into Baltimore terminals must be shifted to alternative ports, where possible, or await the uncertain reopening of the Port.

The next vessels currently scheduled to call the port are for Thursday, March 28th. This information should be seen as dynamic, with high possibilities to change. Shippers with cargo tied to these vessels will need to make alternate arrangements for cargo handling and discharge. Operational restrictions by carriers may impact cargo owners request for diversion and / or termination. Carriers may equally choose offloads at ‘next port of call’ which may be instituted based on terms and conditions in the governing bill of lading.

Due to the indefinite closure of the Baltimore port, a shift to Norfolk, Philadelphia, and / or New York/New Jersey might be an option. The sudden shift of cargo to neighboring ports, primarily Norfolk and New York/New Jersey, will likely lead to increased volume handling in these ports. While there will be bottleneck effects and delays in cargo processing, historical volume data suggests that Norfolk and New York/New Jersey have sufficient capacity to handle the spill-over from Baltimore.

JAS Teams are available to drive collaboration, swift adaptation, and transparent communication among all stakeholders impacted to minimize disruptions and ensure the smooth flow of goods. Stay tuned for further updates and guidance as the situation develops. For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.

JAS Worldwide recently participated in TPM24, an event held in Long Beach, CA, where industry leaders converged to discuss the future of logistics and maritime shipping. Among the event's highlights was the joint presentation between JAS and Wesco, focusing on their collaborative efforts towards decarbonization in the industry.
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TPM, or Trans-Pacific Maritime Conference, serves as a platform for key stakeholders in the shipping industry to exchange insights, discuss challenges, and explore opportunities. At TPM24 Shipper's Day, JAS Worldwide and Wesco shared their experiences in a joint panel discussion titled "First Steps: A Case Study in Developing a Decarbonization Plan".

During this session, Jim Bonsteel, VP Transportation, Customs and Trade Coordination at Wesco, and Andrea Goeman, Senior Vice President of QHSE & Sustainability at JAS Worldwide, delved into the journey towards decarbonization. Moderated by Alexander Nowroth, the discussion offered a comprehensive view of the decarbonization process within logistics Scope 3 emissions. The presentation showcased the collaboration journey from 2018 to today, starting from measuring carbon emissions to reducing them.
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A key theme reiterated throughout the session was the fundamental role of partnerships in driving sustainable change. Andrea Goeman emphasized, "I firmly believe that choosing the right partners is key to making a change," underscoring the importance of collaboration and shared values in addressing industry-wide challenges.
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Jim Bonsteel mentioned, "Driving progress in sustainability is about being an advocate – you have to embrace the topic in your overall logistics decision-making to go from crawling to standing up and walking."

"The presentation received positive feedback from other shippers and stakeholders who are starting on the sustainability journey," highlighted Lars Huebecker, EVP Global Head of Ocean Freight at JAS. "Our focus on sustainability within our ocean freight operations not only influences industry practices but also underscores our commitment to environmental responsibility," added Lars.
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While recent years have presented significant challenges for many industries, such as the recent disruptive impact of geopolitics, the unprecedented supply chain disruptions during COVID-19, and labor actions at major seaports, the pursuit of sustainability is viewed as an enduring journey rather than a short-lived endeavor. This perception highlights the ongoing commitment required to create a meaningful change in the logistics ecosystem.
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JAS Worldwide extends its appreciation to all participants and organizers of TPM 2024 for fostering meaningful discussions, providing valuable industry insights, and inspiring innovative initiatives. Moving forward, JAS Worldwide remains committed to fostering collaborative partnerships and advancing sustainable practices, driving positive change in the global maritime shipping and logistics landscape.

About JAS Worldwide: 

JAS was founded in 1978 in Milan, Italy, and its global headquarters is located in Atlanta, Georgia, USA. Over the last four decades, JAS has grown from regional roots to a global force in logistics covering all modes of transportation, including contract logistics and other sophisticated and digital-driven supply chain solutions. Today, JAS covers 100+ countries with over 7000 employees globally and continues to expand with its core culture, "People make the difference," and its strong commitment to a sustainable future. 

About Wesco: 

Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with more than $22 billion in annual sales and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, educational institutions, telecommunications providers, and utilities. Wesco operates nearly 800 branches, warehouses and sales offices in more than 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

At JAS, we are committed to delivering excellence in contract logistics. With a state-of-the-art facility, innovative technology, and unwavering dedication to customer satisfaction, our passionate team members provide end-to-end tailored solutions.

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Key Features:

• Expansive Space: 60,000 square feet, ensuring optimal storage conditions for your goods. 
• Innovative Technology: Benefit from industry-leading technology and visibility, ensuring you’re always in control of your operations. 
• Omni-Channel Fulfillment: Seamlessly integrate your supply chain across multiple channels with our omni-channel fulfillment capabilities. 
• Quality Assurance: ISO certified and Biz Safe Start certified, ensuring the highest standards of quality, safety, and compliance. 
• Rapid Reach: Strategically located to reach 80% of the Asia Pacific region within 1-2 days, enabling quick and reliable distribution across the region. 

For more information about our Singapore Contract Logistics operations email CL-Solutions@jas.com.

As we celebrate the launch of our Women@JAS program, Women's History Month, and recognize International Women's Day, we shine a spotlight on three of our Information Technology team leads, Linda Tallent, Irene Snyman, and Lizelle Britz, whose collective experiences personify resilience, determination, and leadership in a traditionally male-dominated field. These three accomplished JAS women are breaking barriers and shaping the future of technology within the logistics industry.  

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At the Atlanta Worldwide headquarters, Linda Tallent champions the adage, "You can teach people anything, but you can't teach them to care." Linda knows firsthand the importance of a leader and a team that cares. "I ended up in IT; it was never a conscious decision. There have been times where I thought I was in over my head, but I stayed because of the people," she recounts how she grew her career at JAS. "I'm not a programmer. I'm not a coder. I'm not a developer. That's not how I see my role. My role is to build and empower the team and help everyone grow in their careers," she explains. At JAS, Linda has essentially done it all – she's served as an air import clerk, traffic manager, and customer broker; under her guidance, the global Helpdesk system was established – the list goes on. As JAS IT grew from the less-than-twenty-person team when she first started, so did Linda's capacity for management and leading teams to success. Her firm belief in the power of collaboration and inclusivity has propelled her to the forefront of initiatives, "you take the opportunities and take the chances. You're not always going to succeed, but even if you fail, you will still learn," she shares. For the last 26 years, Linda's journey has served as an inspiration for many women and will continue to prove invaluable to the next generation of Women@JAS.  

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In South Africa, Irene Snyman's journey in technology began as an ERP consultant while completing her Master's degree in Computer Science. "I didn't grow up thinking that I wanted to be in IT; it was an opportunity that came my way," Irene recalls. When accepting her initial role at JAS, she dived in without fully understanding what the role entailed. "I had no idea what I was going to do, just that it revolved around integration and projects," she recounts. There have been many times where she had to learn to be confident with being the only woman or the youngest in a room. "I had to be comfortable and understand that I also had something of value to offer." Now, as a global leader in IT and in her dual role, she balances work-life integration. "I don't think of it as work-life balance because a scale is always going to lean one way more than the other. I think integration is a better term; it's more feasible in terms of long-term sustainability," Irene explains. She constantly strives to be present in every aspect of her life, from quality time with her family to working with her team. When liaising with the university students, she encourages them to follow their passion, regardless of preconceived stereotypes. "There was always a consensus that you need to be a developer, to be in IT and that is not the case. There are no rules, just follow your heart and work hard". Her leadership style revolves around servant leadership, nurturing each team member's growth with a unique approach. "My journey highlights the importance of breaking barriers with passion and dedication, proving that authenticity transcends stereotypes in the tech world."

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Meanwhile, within the same Port Elizabeth office, Lizelle Britz's career trajectory is marked by assertive and decisive ambition. She knew she enjoyed working with computers, and after a quick stint pursuing work in the education sector, she returned to earn a technology degree. She didn't care that she was often the oldest in her classroom – she knew she was where she belonged. This was even more apparent when she started her first role in IT the day after her final exam at university. What began as a developer role molded into a management role where she now can focus on what's important to her – mentorship and leading teams. "When someone from my team leaves for a new opportunity, my goal is for them to be a better version of themselves than when they first started. Whether that be a better coder, a better developer – I want them to be proud of that version of themselves," she explains her approach to leadership. There are also times when she needs to be transparent and honest with her team, knowing that this is what propels them to do better. "Working on your inner confidence is so important so that when someone does doubt you, you don't take it personally because you know within yourself that you are capable," she advises when asked if she's faced challenges from being a woman in a male-dominated industry. When asked about her proudest career accomplishment, she reflects, "I think where I am right now. It's a busy season in life, but it's so rewarding to see and feel the positive impact my team is making."

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As we honor the diverse journeys of Linda, Irene, and Lizelle, we are reminded that though we might not always have the answer, what's meant to be will always find us – that is, with a bit of hard work, passion, and commitment. Their collective stories serve as a reminder of the limitless potential that lies within each of us to effect positive change and drive innovation in an ever-changing world.

Current Situation  

The ongoing Red Sea container shipping crisis, now in its fourteenth week, shows tentative signs of potential progress through diplomatic efforts and the IMO meeting. However, concrete actions and a clear normalcy timeline remain uncertain; as we have witnessed, attacks have continued throughout this past week. Shippers and industry stakeholders should brace for continued disruptions and adapt strategies accordingly. The coming weeks will be crucial for interpreting the outcome of the IMO meeting and its potential impact on the situation. 

Industry Insights, Facts & Market Developments 

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry's WCI Composite Index shows a continuing decline of 5% week over week. Drewry also recognized a trade specific decline from Asia to North Europe and the Mediterranean of 8%, whereas freight rates on transatlantic registered a 2% increase West and Eastbound this past week.  
• US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, as well as drones on land; before they are ever utilized. Avoiding the launch of attacks has become the new 'normal.’' 
• US Maritime Administration outlined the most pressing threats for US affiliated vessels in their latest advisory, accounting for 47 attacks and one seizure during the crisis. The advisory also warns that the geographical scope for threats is much larger in scale than the Red Sea.  
• UKMTO (United Kingdom Maritime Trade Operations) reported various vessel attacks as well as attempts in the past week.  
• Media reported widely today that potential deals being worked on between the Houthis with Russia and China. While details are not clear nor substantiated, this would heighten the geopolitical distress. 
• The International Maritime Organization (IMO) convened a virtual emergency meeting on March 18th to discuss potential solutions for safe passage through the Red Sea. Specific details and proposed actions are still pending. The Marine Environment Protection Committee (MEPC), addressing environmental issues under IMO's remit, also discussed the challenging efforts finding angles to assist regarding the sunken MV 'Rubymar'.  

Our Commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

Sonal Singhal never planned to work in freight forwarding. She had always aspired to be a doctor. Fate, however, had other plans for her when she stumbled upon a summer job in a freight forwarding company. Little did she know that this serendipitous opportunity would lay the foundation for her inspiring career in logistics. 

Fast forward more than 20 years, and now a seasoned veteran in the industry, Sonal joined JAS in 2020, where her initial days were met with many challenges. With no time for doubt or hesitation, she faced them head-on. Stepping into the role of Director of Sales & Marketing for India, she embarked on a journey of building a team from scratch during a global pandemic, and leading sales – something she had never done before. "While I couldn't travel and meet teams and customers in person, I was able to use that extra time to double down on the behind-the-scenes work," she recounts. 

Sonal's abilities and talents did not go unnoticed. In less than a year, she was named as Managing Director of India – making her one of just two female Managing Directors at JAS. Under her leadership, JAS India has experienced a change of culture coupled with remarkable growth and has become a pivotal player in the logistics space.  

She is humble in all her accomplishments but recognizes there is still work to be done.  

"I take pride in my role, but I also feel like I have a responsibility to mentor more women in this space, for leadership roles," she affirms, emphasizing the importance of mentorship, representation, and empowerment. As a woman navigating a predominantly male-dominated industry, Sonal acknowledges the challenges she's faced. "There are certain gender biases that still exist, it takes time to break those stigmas," she observes. Despite these obstacles, Sonal remains resilient, offering words of encouragement to aspiring women in the field. "Don't give up, and just keep doing your best," she advises, embodying perseverance and determination. 

She is passionate about the powerful role of encouragement and mentorship, as she knows first-hand how it feels when someone believes in you more than you believe in yourself. She recalls what made her stay on at her first freight forwarding company, "I actually didn't want to stay, but the head of the organization loved my work and encouraged me that I could succeed. I think the faith and belief he showed in me then was something that influenced me to stay. And history repeated itself at JAS, where leadership has entrusted the same confidence in me and gave me an opportunity which I couldn't have dreamed for myself, at least not so soon. This is a great sign at JAS with male allies promoting inclusivity and driving the change." 

Sonal remembers how that empowerment made her feel and now ingrains the same sentiment into her leadership philosophy. "Failures are yours, and success belongs to the team," she asserts, embodying a collaborative approach to leadership. She champions democratic decision-making and fosters a culture of open communication and feedback, recognizing the value of diverse perspectives. 

In addition to her professional endeavors, Sonal is a devoted mother of two teenage boys and is a loving daughter. Balancing her career with family responsibilities, she finds fulfillment in nurturing her children and maintaining strong ties with her parents – all with the support of her spouse, without which it would have been impossible. "I'm trying my best to raise them as men a society would like to see," Sonal lovingly shares. 

Sonal's journey is a testament to the power of passion, resilience, and dedication. As she continues to pave the way for women in logistics, her impact extends far beyond the boardroom, inspiring future generations of female leaders. 

Current Situation  

The Red Sea crisis enters its thirteenth week with escalating concerns about extended delays and widespread disruptions impacting the global container shipping network. Terminations of voyages and congestion surges at regional port terminals are happening with short notice, further complicating logistics. The underlying geopolitical tensions continue to cloud the situation, hindering a swift resolution. 

Industry Insights, Facts & Market Developments

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry's WCI composite index shows a further but slowed decline of 4% this week. Drewry expects spot rates ex-China to continue declining in the coming weeks, whereas freight rates on transatlantic will remain stable.  
• US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, drones on land before they are being utilized. While successful engagement is cited, the past week has seen one of the largest and heaviest number of attacks from the Houthi militia. 
• UKMTO (United Kingdom Maritime Trade Operations) reported today that a vessel has been struck by a missile causing damage, the vessel continued its voyage and the crew reported being safe.  
• This past week has seen the highest number of attacks on commercial merchant vessels, container and breakbulk/conventional ships alike.  
• The European Union (EU) expresses growing concern about the impact of the Red Sea Crisis on global supply chains and calls for a diplomatic solution. 
• The Yemeni government accuses the Houthi militia of obstructing potential solutions to ensure safe passages in the Red Sea. 
• Industry reports highlight a rise in insurance premiums for vessels traveling the Cape of Good Hope route due to the increased voyage time.  
• The Houthi militia has today stated their intent to increase the geographical scope of attacks and in addition, potentially use hypersonic missiles, which they claim to have access to. If true, this would lead to further escalation of the current situation.  

Our Commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

A dedicated team of JAS Hong Kong employees, led by Sustainability Ambassador Gary Ferreira, came together to make an impact in the lives of those less fortunate. Their mission? To repurpose factory fabric samples generously donated by a department store and instead give them to adults and children in need – the impact was twofold – it clothed adults and children in need and reduced waste sent to a landfill.

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The JAS employees started by detaching company labels from each item. They then sorted and packaged the fabrics to ensure the garments could be easily distributed to charitable organizations in Hong Kong and the Philippines. The act of kindness was met with smiling and thankful faces.

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This collaboration not only helped address material needs but also contributed to reducing fashion waste. This initiative underscores how corporate entities can address social and environmental challenges by leveraging existing resources and expertise.

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We are grateful for our retail partner, Inland Corporation, and the Bruni Foundation for their support in ensuring each item reached its intended recipients with care and efficiency. Such achievements are only possible through collective cross-industry efforts.

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This initiative is part of the Bruni Foundation's 'Pay it Forward' program, which empowers JAS employees to become ambassadors of change by actively supporting social and environmental causes. Throughout the year, the Bruni Foundation, an integral part of JAS, will support various global projects, primarily focusing on these United Nations Sustainable Development Goals (SDGs): Quality Education, No Poverty, Clean Water and Sanitation, and Zero Hunger. Yet, understanding the current challenges towards the environment and the well-being of societies, the Bruni Foundation also actively supports initiatives that promote responsible environmental stewardship.

Current Situation  ‍

This week, the Red Sea crisis and geopolitical situation in the region worsened. Week 12 saw the first sunken vessel, MV 'Rubymar', leaking fuel and fertilizer, along with the tragic deaths of 3 seafarers that served on the MV 'True Confidence' when the attack occurred in the Gulf of Aden. Industry associations are urging vessel diversions until safe passage is guaranteed. 

Industry Insights, Facts & Market Developments

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry's WCI composite index has dropped another 6% this week, bringing the total decline to 9.23% over the past month. This decline is further emphasized by specific routes, with the Asia to North Europe index now witnessing an even further drop at 27% against its peak seven weeks ago, and the Asia to Mediterranean index experiencing another few points bringing the decrease from last week's 24% to 30% this week. 
• US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, drones on land before they are utilized. Yet, nothing has led to a decrease in attacks.
• UKMTO (United Kingdom Maritime Trade Operations) reported an incident 50 miles southeast of Yemen today, fortunately, the vessel involved
  was not struck and continued its journey safely.
• The MV' MSC Sky II' was attacked by two missiles on March 4th and continued its passage to Djibouti.
• The MV 'True Confidence', a bulk carrier, remains at drift in the neighboring Gulf of Aden with no crew on board since the hit by an anti-ship ballistic missile (ASBM) on March 6th.

Our Commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.

Wroclaw, Poland — 5 March, 2024 — JAS Worldwide is pleased to announce the opening of its new branch in Wroclaw, Poland. The official start of operations at the Wroclaw branch is 1 March, 2024.
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The expansion into Wroclaw marks a significant milestone and demonstrates JAS's commitment to strategic growth and development in the region. The new branch will serve as a key location in Poland , catering to the growing demand for freight forwarding and logistics services in Wroclaw and the surrounding areas.
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"We are excited to announce the opening of our new branch in Wroclaw," said Stefan Sigg, Regional EVP, JAS EMEA. "This expansion not only strengthens our presence in Poland but also enables us to better serve our clients and partners in the region."
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With its strategic location, the Wroclaw branch will enhance JAS Poland's capabilities and enable the company to provide customers with efficient and reliable freight forwarding and logistics solutions. The new branch will offer a comprehensive range of services, including air and ocean freight and customs brokerage.
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"We are confident that the Wroclaw branch will play a key role in driving the future growth and success of JAS Poland," added Sigg. "We look forward to leveraging the opportunities presented by this strategic location to deliver innovative solutions and exceptional service to our clients."

PHNOM PENH – For over a decade, Inter Campus has been making a meaningful impact in Cambodia, reaching 235 children residing in the rural outskirts of Phnom Penh and the municipal orphanage in the city of Kompong Thom. Recognizing the universal power of sports as a means for youth development, Inter Campus has been utilizing the pitch as a classroom, instilling invaluable life skills, complemented by educational support.

In an exciting partnership, Inter Campus is teaming up with the Bruni Foundation, the philanthropic arm of JAS Worldwide, to reinforce their efforts in Cambodia and breathe new life into prevention and development activities across the Asian continent.

Together with Missione Possibile and Il Nodo Onlus, the organizations will provide sustained support to clinics, training sessions, and leisure projects that cater to hundreds of children daily, offering them structured recreational opportunities tailored to their unique needs.

The Bruni Foundation shares a deep conviction in the transformative power of sports, viewing it as a catalyst for redemption, protection, and the promotion of human rights, particularly for marginalized communities. This aligns perfectly with Inter Campus' mission, rooted in the belief that every child, regardless of their circumstances, deserves the fundamental Right to Play.

Inter Campus operates as a beacon of hope in local communities, championing educational, social, and health initiatives. Through the universal language of football, they empower children in rural areas worldwide, fostering dialogue, mutual assistance, and teamwork.

As we embark on this collaborative journey, JAS Worldwide and Inter Campus are committed to making a real difference in the lives of Cambodian youth, ensuring they can thrive and realize their full potential, both on and off the pitch.

In the heart of the JAS Worldwide New York office, two extraordinary women, Grisel Henriquez, and Ana Ruth Olivo, are rewriting the narrative for survivors of domestic violence through their nonprofit organization, ALNUA: Alzando Nuestras Alas (translated in English to Raising Our Wings). As we celebrate International Women's Month, it's essential to highlight the remarkable efforts of women like Grisel and Ana Ruth, who are making a profound community impact beyond their successful full-time careers. 

Established in mid-2020, ALNUA was born out of a shared vision to provide resources, information, education, and support to women navigating the complexities of domestic and intrafamily violence. For many survivors, breaking free from the vicious cycle of abuse can seem impossible. ALNUA aims to be the guiding light, offering a path to empowerment and healing. 

Grisel Henriquez began her journey at JAS in July 2022 as an Account Lead. Due to her exceptional performance and hard work, she was promoted to Warehouse Supervisor in 2023. Her professional success, however, pales in comparison to her personal triumphs. As a survivor of domestic violence herself, Grisel's courage to share her story inspired countless others. In July 2020, she authored her book, "Mariposa de Acero" (Steel Butterfly), which became a best-seller in three categories on Amazon within 24 hours of its formal launch. But for Grisel, this was just the beginning. 

Ana Ruth Olivo, also based in the JAS New York office, joined JAS as an administrative assistant in March 2022. Alongside her professional endeavors, Ana Ruth has pursued personal growth through education, completing a Neuro-linguistic program (NLP), a communication tool that helps influence behaviors through language – a skill that would prove essential in her nonprofit work. Her dedication to making a difference has been recognized by the Council of Paterson City, NJ, for Outstanding Civic Contribution. 

The year 2020 brought exceptional challenges, particularly for victims of domestic violence. As shelter-in-place orders swept the globe, reports of domestic violence surged. Victims found themselves trapped at home, with limited avenues for escape. Grisel, along with her friend and fellow JAS colleague Ana Ruth, recognized the urgent need for action. Equipped with Grisel's first-hand knowledge and Ana Ruth's empathetic nature, they founded ALNUA: Alzando Nuestras Alas. 

ALNUA's mission extends far beyond directing victims to resources. It's about fostering a society free of violence, instilling self-love and empowerment among survivors, equipping them with the tools and resources needed to reclaim their lives. Through career development workshops, access to counseling services, and outreach programs, ALNUA is creating a supportive network where women can find the courage to spread their wings and soar to new heights.  

What began as a team of two has blossomed into a thriving network of volunteers – from lawyers to psychologists offering a range of services tailored to meet survivors’ needs. In 2024, JAS’s philanthropy organization, the Bruni Foundation, got on board with ALNUA’s mission, enabling its expansion on a global scale. In November 2024, ALNUA will visit girls’ shelters in the Dominican Republic to continue its advocacy efforts and raise awareness about the resources available for victims of domestic violence – regardless of age or gender.  

As we celebrate International Women's Month, let us honor the resilience, determination, and dedication of women like Grisel Henriquez and Ana Ruth Olivo. Their tireless efforts through ALNUA serve as a testament to the power of women empowering women and remind us that together, we can break the cycle of violence and build a brighter future for all. 

Follow ALNUA's journey on social media and join us in supporting their mission to uplift and empower survivors of domestic violence. Together, we can make a difference in the lives of those in need. 

Current Situation  
While eleven weeks have passed since the Red Sea crisis began, the immediate situation remains tense and unpredictable. We continue to see a concerting uptick in attack frequency, highlighting the region's dynamic and volatile nature. The first vessel incident with an oil leak also impacting the environment has been registered.

Industry Insights, Facts & Market Developments 

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry's WCI composite index has dropped another 2% this week, bringing the total decline to 9.23% over the past month. This decline is further emphasized by specific routes, with the Asia to North Europe index witnessing a 20% drop from its peak six weeks ago, and the Asia to Mediterranean index experiencing a 24% decrease. 
• Sea-Intelligence reliability data releasing January data points now indicated 51.6% of vessels are on time only. While expected, it is the lowest since September 2022. This results in an average delay of 6.01 days. 
• While CMA-CGM continues to route select vessels via the Suez, alliance partner COSCO Shipping also seems to be planning to resume using the Suez routing, given their latest schedule updates on upcoming voyages. 
• US CENTCOM reported successful engagement and destruction of a variety of drones, missiles, and drone boats before they were utilized.  
• UKMTO (United Kingdom Maritime Trade Operations) reported multiple vessel attacks in the Bab al-Mandeb Straight in the past 48 hours. 
• The Yemeni Houthi militia claimed responsibility for the attack on the MV 'Rubymar' (dating back to February 18th). As of February 24th, the vessel remained anchored in the Red Sea, continuing to leak oil. The recorded oil slick was measured at 18 miles (29 kilometers) at the time. With the commodity being identified as fertilizer, environmental concerns and the risk of combustion and further pollution increased. Salvage options and the future of the vessel remain unclear.  

Our Commitment
JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.

Current Situation  

Two and a half months into the crisis, the immediate risk situation in the Red Sea has not improved, and multiple new attacks with high frequency have been witnessed in the region this past week. The long-term impact on container shipping remains uncertain. Continued geopolitical tensions, logistical challenges, and potential for disruptions contribute to an environment of volatility. Shippers and industry stakeholders are advised to remain informed and adjust their strategies accordingly. 

Industry Insights, Facts & Market Developments 

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

• Drewry’s WCI composite index, indicates a further 2% decline compared to last week. It is important to note that although the Index has decreased, it is still significantly higher than pre-pandemic levels and the 10-year average.  
• Spot rates from the US East Coast to Asia begin to rise, mirroring the earlier increases observed on European and Mediterranean routes reported last week.  
• Both MSC and Maersk announced additional vessels to be deployed on their Transpacific service due to the extended Cape of Good Hope route. 
• Hapag Lloyd reported two days ago that the Red Sea and Suez Canal routes continue to be avoided. A shuttle service connecting Red Sea cargo via Jeddah, Saudi Arabia, to Europe, North America, and Latin America has been implemented.  
• CMA-CGM had one 16,000 TEU vessel complete its southbound transit two days ago with others clearly intending to plan to transit in the coming week. The same information seems to be reflected in the carriers’ official schedules.  
• Industry experts again urge shippers to review their insurance coverage for transit, cargo loss and General Average.  
• US CENTCOM successfully continued to conduct strikes against missile launchers on land, preventing use this past week. Counter activities included intercepting a drone submarine launched by the Houthis. 

Our commitment 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and/or shipment specific information, or alternative solutions, please contact your local JAS office.

JAS UK proudly announces that it has been granted its Wholesale Distribution Authorisation (WDA(H)) license from the UK's Medicine and Healthcare Products Regulatory Agency (MHRA) for its Pharma and Healthcare Division.  

In addition to the GDP certified network JAS has developed, this achievement marks a significant milestone for JAS as it reinforces its commitment to providing innovative solutions for the international delivery of pharmaceutical products. With more operations spanning over 100 countries and a team of more than 7,000 professionals, JAS is known for its comprehensive logistics solutions and dedication to customer satisfaction.

Adrian Frodsham, Regional Director for JAS, said: "We are pleased to have been granted our WDA(H) license after a stringent audit process. JAS UK's Pharma and Healthcare division prides itself of offering innovative solutions for the international delivery of pharmaceutical products, further enhancing the growth of our pre-established healthcare division."

While boasting an established healthcare division across its global network, the acquisition of the WDA(H) license empowers the UK division to seamlessly connect with its more than 40 GDP (Good Distribution Practice) certified overseas stations, enhancing its capabilities for handling pharmaceutical shipments.

Committed to adhering to the highest standards of quality and compliance, JAS UK has developed a purpose-built healthcare and pharmaceutical Electronic Quality Management System (QMS). This system, coupled with the WDA(H) license, further solidifies JAS's position as a trusted operator within the logistics industry.
In line with its expansion efforts, JAS UK's Pharma and Healthcare Division recently inaugurated a state-of-the-art temperature-controlled storage facility in London. Spread across 5000 square feet, this facility features two CRT rooms designed to accommodate products requiring temperatures of 15°C to 25°C. Strategically located near London Heathrow Airport, the facility ensures the integrity of pharmaceutical products throughout the supply chain, providing customers with a safe, secure, and efficient door-to-door service.

JAS UK remains committed to delivering exceptional services to its Pharma and healthcare customers, leveraging its expertise, infrastructure, and technological capabilities to meet evolving industry demands.

For more information email GB-Pharma@jas.com.

Protecting Blue Whales and Blue Skies is a voluntary Vessel Speed Reduction (VSR) Program along the coast of California which incentivizes companies to incorporate sustainable shipping practices across their global supply chain. By creating seasonal and predictable slow speed zones, this program helps companies protect endangered whales, reduce fuel use and regional greenhouse gas emissions, and improve air quality and human health outcomes.

The program runs each year from mid-May to December to coincide with peak ozone and whale feeding and migration. The program covers two geographic regions, one along the Southern California coast and one outside the San Francisco Bay Area.

Since 2014, the program has achieved an estimated 44% decrease in the risk of whale strikes. 

As an ambassador, JAS engages with its shipping partners operating in the area, recognizes the shared vision and commitment with those already involved in vessel speed reduction, and further encourages other ocean carriers to participate in the program. 

“What makes the BWBS initiative stand out is that it not only addresses carbon emissions, but also safeguards biodiversity. By voluntarily reducing vessel speed (VSR) along the California coast, ocean carriers commit to protecting blue whales and raising industry awareness. JAS supports this initiative and will further engage its logistics partners on the key role whales play in the environment and our responsibility to improve the ocean ecosystem.” -Andrea Goeman, SVP QHSE & Sustainability, JAS Worldwide

“Being an ambassador for the BWBS Program is a great initiative towards more sustainable ocean freight solutions. It is a way to further engage with our carriers, with whom we share values towards a sustainable transformation, and an example of how collaboration can be beneficial for the logistics ecosystem, our customers, and the environment.” -Lars Huebecker, EVP Global Head of Ocean Freight

Completing nine weeks of the Red Sea crisis, a tentative new normal emerges. While the timeline for re-routing through the region remains unclear, ocean carriers have largely adapted their schedules and ports of call, suggesting fewer operational disruptions on both primary and backhaul routes going forward. However, experts urge caution, emphasizing the inherent volatility of the situation and the potential for future flare-ups. 

Industry Insights, Facts & Market Developments 

Below are some additional key facts and market developments surrounding the situation.  

• Leading analysts predict a prolonged Red Sea closure, which could last through 2024. Shippers should remain vigilant for further supply/demand disruptions. The only remaining carriers who traverse the Red Sea are smaller Asian carriers. 
• The Houthi claim to be attacking only US, UK, and Israeli ships, but experts state this is rather subjective, and all ships are at risk in the Red Sea. 
• US CENTCOM successfully intercepted missiles launched by Houthis in the past week, as well as launching several counterattacks.  
• All major carriers continue to go around the Cape with extended Transit time and higher costs to follow. The supply chain has started to adjust to the new reality.  
• More information has come out on EU Operation Aspides, which is set to last for one year, be purely defensive in nature with no attacks on Yemeni soil, and based on Greece.  
• Hapag Lloyd is reducing their Operational Recovery Surcharge from US East and Gulf Coast to Asia effective February 16th, today, which was initially implemented February 5th only. While back haul related, a sign of relief. 
• Drewry’s WCI, released yesterday, indicated that from Asia to Europe and the Mediterranean, it continued to decline, but the pace of decline slowed compared to the past week.  
• Backhaul rates from Europe and the Mediterranean to Asia seem to be catching up, reacting to the crisis. Xeneta reported a 68% rise in North Europe to Asia and a 45% increase in Mediterranean rates since December 31st, 2023.  

Our Commitment 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

The Emberá people are an indigenous community primarily residing in Colombia, with approximately 50,000 individuals identifying as part of this group. Due to factors such as armed conflict and mining exploitation in their ancestral territories, many Emberá have been forced to leave and migrate to major cities like Bogotá. Despite some support in the capital city of the country, the Emberá community faces discrimination, and efforts to provide basic necessities such as clean water and food are insufficient.

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Women and children in the Emberá community are particularly affected by these challenges. Forced to leave their lands, they grapple with societal indifference, language barriers (as Spanish is not their native language), and the struggle to preserve their cultural identity.

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Recognizing the need to support local communities, JAS Colombia collaborated with 'El Banquete del Bronx', a local NGO, to visit one of the Emberá settlements in Bogotá. The activity included providing food, hygiene kits and, above all, sharing moments of joy with the little ones by drawing and playing games. This initiative is part of the Bruni Foundation's 'Pay it Forward' program, which empowers JAS employees to become ambassadors of change by actively supporting social and environmental causes.

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The event began with a presentation by the local NGO to JAS employees, aiming to raise awareness about the situation of the Emberá and other minority groups – and the reasons behind their migration to urban areas. The presentation underscored the role of every citizen in bringing some hope, aiding their adaptation process, and, more broadly, fostering respect for ethnic communities.

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Addressing some of the challenges women and children face within the Emberá community is only one of the initiatives toward a more inclusive and sustainable future that the Bruni Foundation is committed to. Throughout the year, the Bruni Foundation will support various global projects, primarily focusing on these United Nations Sustainable Development Goals (SDGs): Quality Education, No Poverty, Clean Water and Sanitation, and Zero Hunger.

Current Situation  

Eight weeks into the Red Sea crisis, a tentative new normal emerges. While the timeline for re-routing through the region remains unclear, ocean carriers have largely adapted their schedules and ports of call, suggesting fewer operational disruptions on both primary and backhaul routes going forward. However, experts urge caution, emphasizing the inherent volatility of the situation and the potential for future flare-ups.

Industry Insights, Facts & Market Developments
Below are some additional key facts and market developments surrounding the situation.  

• Leading analysts predict a prolonged Red Sea closure, which could last through 2024. Shippers should remain vigilant for further supply/demand disruptions.
• US CENTCOM successfully intercepted seven missiles and four drone boats before they could be used to target the shipping industry.
• Two attacks on commercial vessels occurred in the Gulf of Eden and Bab al-Mandeb since our last update, causing minor damage but no injuries.
• EU Operation Aspides expands under Italian leadership, adding a German frigate. They focus on intelligence, logistics, air warning, cyber, and communication support due to the "Information Warfare" dimension.
• Eastbound spot rates to North Europe and the Mediterranean continue softening slowly, while backhaul rates to Asia see a delayed increase. Rates remain above pre-crisis levels with surcharges in effect. Expect continued volatility.

Our commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

Current Situation: 

Seven weeks into the crisis in the Red Sea, the situation remains critical and extremely dynamic. The containerized ocean carrier community started to announce network changes with more permanent routing changes around the Cape of Good Hope, with new transit times and an alteration of port calls. As more carriers get organized daily, we will see more of those actions being taken, which should bring a more consistent approach for the time being.  

• Since our last update, there have been several attacks carried out by the Houthis, as well as an increased risk of piracy attacks from Somalia to add to this crisis. The latest attack occurred on February 1^st on a UK flag tanker vessel, the “Marlin Luanda.”
• The conflict has also moved into land where US troops have been attacked, which causes further instability and uncertainty in the region. So far, the attacks from US and UK armies have not slowed down the attacks by the Houthis.
• US CENTCOM reported that daily air strikes have taken place on Houthi inland targets in Yemen, and this is expected to continue. 
• Leading maritime security firm Ambrey advised that Maritime security concerns continue to escalate in the Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and the Indian Ocean, with threats growing significantly more complex and widespread.  

Key Facts & Market Developments: 

Below are some key facts and market developments surrounding the situation.

• Carrier Hapag Lloyd, given the on going dangerous situation and current security concerns, will continue to divert all vessels until further notice.  
• Maersk Line Limited still states that transit through the Red Sea will be suspended until further notice. 
• Carrier CMA-CGM still shows no change to its transit policy; we highlight again the need to carefully monitor vessel sharing agreement carrier shipments that may continue to transit on the same vessels.
• Ocean Network Express (ONE) CEO Jeremy Nixon stated earlier this week that the ongoing attacks against commercial shipping will have a material impact on transit times on the Asia – Europe and Asia – US East Coast trade lanes at least through the second quarter of 2024.  
• Rate levels continue to be higher than pre-crisis with new charges being announced such as Equipment Imbalance surcharges, however minor softening on spot rates has also been seen in certain pockets. Rate development remains dynamic and volatile.  

Going Forward: 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

In recent years, the global community has witnessed a significant shift towards renewable energy sources, driven by a growing awareness of environmental sustainability and the need to address climate change. This shift is particularly pronounced in the oil and gas industry, where companies are increasingly focusing on sustainability and environmental responsibility. The logistics industry now plays an increasingly vital role in addressing the distinctive freight forwarding requirements that accompany this energy transition.

Supply Chain and Logistics Companies as Key Enablers

Behind the scenes of this shift towards renewable energy, supply chain and logistics companies like JAS are helping the adoption of clean energy become a reality. These companies are responsible for helping facilitate the specialized transport of needed resources.

Key Contributions of Logistics Companies

• Specialized Transportation: The sheer size and weight of components such as solar panels and subsea cables for electric offshore platforms, wind turbines for on or offshore farms, as well as the specialized equipment needed to capture, transport, and store carbon dioxide in Carbon Capture and Storage Facilities necessitate specialized logistics solutions. This involves careful planning, route optimization, and adherence to strict safety standards.
• Comprehensive Trade Compliance: Logistics companies also contribute significantly by ensuring comprehensive trade compliance. These large projects often involve sourcing materials and components from around the world which means navigating complex international regulations, managing documentation, and adhering to trade laws. By facilitating seamless and compliant cross-border movements, logistics companies play a crucial role in supporting the global transition to cleaner energy practices.
• Global Supply Chain Management: When transitioning to more renewable energy resources, the projects often involve coordinating materials and components from various locations worldwide. Logistics companies are adept at managing complex global supply chains, ensuring that all necessary parts arrive on time and in optimal condition for assembly.
• Supply Chain Visibility through Advanced Technologies: To help companies manage and optimize their supply chains, logistics companies are leveraging smart digital platforms and tools. In the weeks and years to come, energy supply chains will increasingly rely on advanced track and trace tools. This increased enhanced visibility ensures real-time tracking of shipments and better overall efficiency in the supply chain as issues can be identified and addressed proactively, contributing to a more seamless transition to cleaner practices.

Embracing Innovation

In addition to their operational roles, logistics providers also embrace innovation to reduce their carbon footprint. The adoption of electric and hybrid vehicles in transportation fleets, the implementation of sustainable packaging practices, and the integration of renewable energy sources into their own operations showcase the commitment of logistics companies to environmental stewardship.

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As renewable energy sources develop and expand across the globe, the logistics industry will play a pivotal role in ensuring a smooth transition away from fossil fuels. Supply chain logistics companies' specialized skills and resources will become increasingly important as renewable energy resources become more widespread. As we celebrate International Clean Energy Day, JAS is excited to play a part in creating a greener world, not only today but every day.

Current Situation: 

Six weeks into the crisis in the Red Sea, the situation remains critical and extremely dynamic. The containerized ocean carrier community continues to reroute, with very few exceptions, their vessels around the Cape of Good Hope. The situation and the future direction of this conflict remain dynamic.

• Since our last update, no attacks were noted until Tuesday this week when two US flag vessels came under attack, which then turned around discontinuing their passage.  
• This was followed by a Liberian flagged bulk carrier, which was attacked on Wednesday.  
• We continue to witness that the frequency of the attack has no pattern.  
• According to media outlets, the Iranian Revolutionary Guard, as well as Hezbollah forces, are on the ground in Yemen, working jointly with the Houthis, directing attacks on shipping in the Red Sea. 
• US CENTCOM reported that daily air strikes have taken place on Houthi inland targets in Yemen. 

Key Facts & Market Developments: 

Below are some key facts and market developments surrounding the situation.

• Carrier Hapag Lloyd announced two days ago that, given the ongoing dangerous situation and security concerns, they will divert all vessels until further notice. 
• The 2M alliance announced yesterday that network changes for Asia – Europa and Asia – Transpacific Services are being announced.  
• Maersk Line Limited announced today that transit will be suspended until further notice. 
• Carrier CMA-CGM still shows no change to its transit policy; we highlight again the need to carefully monitor vessel sharing agreement carrier shipments that, therefore, may continue to transit on the same vessels.
• On the Asia-Europe trade market rates only increased a marginal 1% this past week. Industry experts have pointed out that the rate difference between destinations in North Europe and the Mediterranean is at almost USD 1500.00 / 40’ container. 
• Backhaul rates to Asia from North Europe should equally be monitored closely as benchmarking platforms report +130% increases in rates compared to pre-crisis levels.  

Going Forward: 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.  

JAS Argentina is proud to announce that it has been recognized as a Great Place to Work for the fourth consecutive year. This certification is a testament to JAS Argentina's ongoing commitment to fostering a positive and inclusive workplace culture.

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The Great Place to Work certification is awarded based on employee feedback and an in-depth assessment of workplace policies and practices. JAS Argentina has consistently demonstrated a dedication to creating an environment where employees feel valued, engaged, and motivated.

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"We are thrilled to receive the Great Place to Work® certification for the fourth year in a row. This achievement is a reflection of our ongoing efforts to prioritize the well-being and satisfaction of our employees," said Claudia de los Santos, HR Manager at JAS Argentina. "At JAS, we believe that a positive workplace culture is the foundation for success, and this recognition reinforces our commitment to creating an environment where every team member can thrive."

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JAS Argentina's workplace initiatives include corporate social responsibility initiatives, professional development opportunities, and a focus on work-life balance. It believes that a positive work environment not only enhances employee satisfaction but also contributes to overall business success.

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The Great Place to Work certification is a globally recognized standard for workplace excellence, and JAS Argentina is proud to be among the organizations that consistently meet and exceed these standards. The certification reinforces the company's position as an employer of choice in the logistics and supply chain industry.

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JAS Argentina expresses gratitude to its team members for their continued commitment and contributions to creating a workplace that is both rewarding and enriching. It remains focused on maintaining its high standards and looks forward to building on this success in the years to come.

Current Situation: 

Five weeks into the crisis in the Red Sea, the situation continues to be critical and extremely dynamic. Given the situation has again worsened in recent days, various maritime research and consulting firms, as well as one global ocean carrier CEO, have communicated an outlook that carriers resuming Suez Canal transits seem more like months than weeks away until the risks of attacks are eliminated.

• Every day this past week, media reported on attacks being carried out, with both the frequency of the attacks and ‘hit ratios’ increasing.
• US forces attacked 14 locations in Yemen during a nighttime operation earlier this week, targeting the location of missile launchers. US officials acknowledged that airstrikes against Houthi militants in Yemen will not deter the group from attacks, yet it does not mean the military campaign will stop anytime soon.
• Today, Maritime Unions urged TRANSCOM for enhanced communication in the Red Sea, pointing out that the severe attacks represent the biggest threat to commercial shipping in over 50 years. At the same time, they expressed gratitude for the support to date to safeguard ships and crew.

Key Facts & Market Developments: 

Below are some key facts and market developments because of the situation.

• In the first two weeks of 2024, transits around the Cape of Good Hope have increased from 77 to 206. Reflecting an increase of 168%. With a few exceptions, all major containership ocean carriers are participating largely in this routing option. CMA-CGM is amongst those that transit, escorted by French warships.
• The market spot rates featured in directly impacted East-West trades, as per the World Container Index, saw a weekly increase from Asia to North Europe of 12% and into the Med of 21%, respectively. While a smaller increase week over week, it is still significant. Backhaul rates to Asia have climbed 50%.
• Global benchmarking and market intelligence platform Xeneta reported yesterday that some carriers make up for the longer transit time by omitting port calls at the start of round trips. Northern-most ports in Asia are affected by this, as services starting in Tianjin or Dalian, now seem to begin in Shanghai or Ningbo.

Going Forward: 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website will be updated once per week, every Friday. 

For any more detailed and/or shipment-specific information, please contact your local JAS office. 

[ATLANTA, GA., January 16, 2024] – JAS Worldwide, a global supply chain and logistics company, has announced its partnership with Lune, a leading provider for funding high quality climate projects. This collaboration will enable JAS customers to contribute to climate projects and compensate for difficult-to-abate logistics emissions.

As the transport and logistics industry contributes approx. 11% of global CO₂ emissions, JAS sees that it has an important role to play in tackling the challenge of reducing the industry’s impact. In addition to reducing CO₂ emissions from freight, JAS aims to extend its influence beyond the logistics value chain and enable its customers to take action by contributing to impactful climate projects around the world. However, navigating this commitment with credibility poses a unique challenge, given the carbon credit market's prevalence of projects with questionable impact and limited transparency.

To enable its customers to contribute to climate projects in a credible way, JAS has selected Lune as its partner for carbon offsetting, because of its shared commitment to transparency and positive impact. By leveraging a rigorous vetting process and comprehensive six-point evaluation criteria, Lune curates a list of high quality climate projects, such as reforestation, mangroves restoration, concrete mineralization, or enhanced rock weathering. The initial projects chosen by JAS Worldwide are aligned with the Oxford Offsetting Principles best-in-class portfolio.

JAS customers will receive transparent information about the projects and their impact as well as a dedicated carbon credit certificate for completed purchases. Transparency and accountability are crucial in today’s complex and ambiguous voluntary carbon markets.

“By offering our customers not only biofuel insetting and network optimization solutions, but also offsetting opportunities through our partnership with Lune, we help them achieve their environmental goals while keeping our promise to make a positive impact.” said Andrea Goeman, SVP QHSE & Sustainability at JAS Worldwide.

“Working with JAS Worldwide, we are excited to bring a new level of integrity and clarity to end-to-end sustainable logistics. Our collaboration sets a new standard for how the logistics sector can contribute to a climate positive world,” added Erik Stadigh, Co-founder and CEO at Lune.

Driven by customer demand and incoming regulation, this partnership is a significant step for JAS Worldwide and Lune as they continue to champion sustainable practices in logistics.

About JAS Worldwide:
JAS was founded in 1978 in Milan, Italy, and its global headquarters is located in Atlanta, Georgia, USA. Over the last four decades, JAS has grown from regional roots to a global force in logistics covering all modes of transportation, including contract logistics and other sophisticated and digital-driven supply chain solutions. Today, JAS covers 100+ countries with over 7000 employees globally and continues to expand with its core culture, “People make the difference,” and its strong commitment to a sustainable future.

About Lune:
Lune is on a mission to make every product and service climate positive by default. Consumers are demanding businesses take climate action. With Lune, companies are delivering by calculating scope 3 emissions and purchasing carbon credits with peace of mind. It provides the only API that combines emission calculations and high quality climate contributions. Lune is trusted by leading companies worldwide such as JAS Worldwide, Visa, Salesforce, and Forto. Learn more at www.lune.co.

Current Situation: 

Four weeks into the crisis in the Red Sea, the situation remains critical and extremely dynamic. The world’s largest container carriers (VOCC’s)continue to reroute, with a few exceptions, their vessels around the Cape of Good Hope. 

• Three days ago, the Houthis launched their biggest attack yet, with very little overall impact. It has demonstrated the effectiveness of the coalition’s presence in executing area defense operations. 
• Yesterday, the RAF and US Navy launched the first counterattack by the coalition in response to Houthi aggressions since this conflict started. Over one dozen vessels in the area made instant route changes, based on AIS data, to reach safe points or pursue the Cape of Good Hope.  
• The situation and the future direction of this conflict remain dynamic and therefore unclear; however, expectations are that rerouting will continue. 

Carrier Responses: 

Below is a recap of the current situation as announced by carriers this week; however, the situation is very fluid and continues to evolve. 

• Carriers at large continue to reroute vessels with scheduled services from the Suez Canal around the Cape of Good Hope. Vessel sharing agreements (VSA) need to be carefully monitored, as the vessel operator’s choice will include alliance partners. 
• Several ocean carriers have stopped offering new long-term rate agreements in Asia to Europe and Mediterranean trade, as well as India Sub-continent services via Suez to the US East Coast. The reasons cited include the need to assess additional cost factors, a lack of clarity based on long diversions and rerouting, as well as equipment imbalance and berthing window impact. 
• Global benchmarking platform Xeneta has reported space guarantee/premium surcharge offers being presented by ocean carriers up to $1500 per container to ensure priority services prior to Chinese New Year holidays, starting February 10th. 

Going Forward: 

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website will be updated once per week, every Friday. 

For any more detailed and/or shipment-specific information, please contact your local JAS office. 

JAS Chile proudly announces a significant milestone in the 2023 cherry season, having successfully exported more than 500 tons of premium fresh cherries to the Chinese market.

Key to this accomplishment was JAS Chile's strategic approach, built on the pillars of quality, speed, and reliability. The collaboration and trust placed in us by partners Ocho Fuegos and Harvest Time played a pivotal role in achieving this milestone, and we express our gratitude for their support.

Facilitating the seamless transportation of our cherries, JAS Chile engaged in a critical partnership with Qatar Airways Cargo. The utilization of two full Boeing 777 freighters, each loaded with over 120 pallets and 96 tons of cherries, was instrumental in ensuring the swift and secure delivery of the produce to China. This collaboration underscored JAS's commitment to meeting the high standards demanded by the market.

“We are proud of our achievement, and we anticipate new challenges and opportunities in the future,” said Phillip Reid Air Freight Manager for JAS Chile.  

As JAS Chile reflects on the success of the 2023 cherry season, it looks forward to embracing new challenges and opportunities on the horizon. This accomplishment serves as a testament to JAS Chile's dedication to quality service and its commitment to being a reliable partner in the global supply chain.

JAS Worldwide has been honored with the ZF Supplier Award in the Digitalization category. The award  acknowledges JAS’ commitment to excellence as it implemented a standardized process for digital container ordering, an initiative that has helped streamline operations and enhance efficiency.

As a key player in the logistics sector, JAS Worldwide operates in over 100 countries, with a widespread network of offices and official representatives. The company has emerged as the primary sea freight forwarder for ZF, one of the world's leading technology companies in the automotive industry.

The award is a testament to JAS’ commitment to innovation and its ability to leverage cutting-edge technology to optimize logistics processes. The standardized digital container ordering process implemented by JAS Worldwide has not only garnered industry recognition but has also strengthened the partnership between JAS and ZF.

"We are thrilled to receive the ZF Supplier Award for Digitalization, which underscores our dedication to embracing and driving digital transformation in the logistics landscape," said Jim Ryan, Senior Vice President, Automotive at JAS Worldwide. "Our team has worked diligently to develop and implement a standardized process for digital container ordering, and this recognition from ZF is a validation of our commitment to delivering excellence in every aspect of our services."

David Bang, Chief Commercial Officer of JAS Worldwide, accepted the award on behalf of the JAS team at the ZF Global Supplier Summit. His address highlighted the collaborative efforts and innovative spirit that propelled JAS to this achievement, emphasizing the company's commitment to staying at the forefront of digital advancements in logistics.

JAS looks forward to building on this success and driving innovation in the logistics sector. The company remains dedicated to exceeding client expectations and contributing to the growth and success of its partners.

Ao entrarmos em 2024, é fundamental que as empresas estejam cientes de dois feriados que podem afetar as operações. Dois grandes eventos, o Ano Novo Chinês e o Carnaval, estão programados para coincidir, afetando as cadeias de suprimentos em todo o mundo.  
 
O Ano Novo Chinês, um feriado tradicional chinês que marca o início de um novo ano no calendário lunar chinês, começa em 10 de fevereiro e é observado em muitos países asiáticos. Durante essa semana, fábricas e empresas fecharão, pois o feriado traz uma semana de folga para os funcionários viajarem e comemorarem o início de um novo ano com suas famílias. No entanto, espera-se que a desaceleração das fábricas ocorra no início ou em meados de janeiro, com a retomada das operações normais no final de fevereiro.  
 
Simultaneamente, o festival de Carnaval estará em pleno andamento, especialmente no Brasil, onde as festividades ocorrerão de 9 a 17 de fevereiro. Assim como no Ano Novo Chinês, as consequências das comemorações podem ser sentidas em todas as cadeias de suprimentos no Brasil e no exterior, pois muitos fabricantes e fornecedores reduzirão as horas de trabalho ou interromperão as atividades, já que os funcionários tirarão folga para comemorar.  
 
Com duas grandes economias, a China e o Brasil, comemorando feriados importantes simultaneamente, é fundamental que as empresas planejem e se preparem adequadamente, pois a sobreposição dessas festividades deverá impactar as cadeias de suprimentos globais.  
 
Para mitigar efetivamente o impacto dessas comemorações em sua cadeia de suprimentos, recomendamos as seguintes medidas proativas:

• Planeje com antecedência: Antecipe o aumento da demanda por serviços de logística e planeje as remessas com bastante antecedência para reduzir possíveis atrasos. Para evitar interrupções desnecessárias e aumentos de preços, é recomendável fazer as reservas com bastante antecedência, de preferência quatro a seis semanas antes do Ano Novo Chinês.  
• Diversifique as rotas e os métodos de remessa: Explore rotas de remessa alternativas para evitar congestionamentos e possíveis interrupções nas rotas tradicionais. Além disso, considere o uso de várias formas de transporte caso um método sofra interrupções durante esse período.  
• Ajuste os cronogramas: Seja flexível com as programações de produção e entrega para acomodar a desaceleração temporária das operações durante os feriados.
• Mantenha-se informado: Monitore regularmente as atualizações e avisos de autoridades relevantes e fontes do setor para se manter informado sobre quaisquer mudanças ou desenvolvimentos que possam afetar as operações.  
  

A ocorrência simultânea do Ano Novo Chinês e do Carnaval este ano ressalta a importância de medidas proativas e de uma abordagem bem coordenada. Ao integrar esses insights à sua estratégia de planejamento, as empresas podem garantir uma transição mais tranquila durante esse período e manter a eficiência operacional. Para obter mais informações, entre em contato com o escritório local ou com o representante da JAS.

Current Situation  

Three weeks into the crisis in the Red Sea, the situation continues to be critical and extremely dynamic. The world’s largest container carriers (VOCC’s) have chosen most of their voyages utilizing re-routing of their vessels around the Cape of Good Hope.

• Vice Admiral Cooper, the NAVCENT commander, advised that the coalition of navy’s named “Operation Prosperity Guardian” has now doubled to 20 nations with more expected to join.
• While there are challenges determining exact number of attacks, due to differing definitions, we continue to witness on / off reports daily citing attempted attacks, suspicious activity, or inconclusive incidents. Today, reports indicated “Drone Boats” being deployed by the Houthis for the first time.
• Media outlets reported on December 24th, that over 120 ships carrying +1.7 million TEU’s had been impacted, compared to latest reports, 12 days later advising an impact of over 400 vessels carrying +5 million TEU’s.

Carrier Responses 

Below is a recap of the current situation as announced by carriers this week; however, the situation is very fluid and continues to evolve. 

• The carriers at large continue to re-route vessels with scheduled services from the Suez Canal around the Cape of Good Hope. Vessel sharing agreements (VSA) need to be carefully monitored, as the vessel operator’s choice will include alliance partners.
• Maersk, previously considering routing more vessels through the Suez, has decided to take the long voyage around Cape the Good Hope, after suffering more attacks in recent days.
• In addition to even more surcharges being announced by carriers in direct and indirectly impacted trade lanes, carriers are now offering additional premium products, citing priority equipment release and loading.

Going Forward

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.

For more detailed and/or shipment specific information, please contact your local JAS office.