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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds.

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Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

And the answer lies in how their 2023 went too. For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. Exploring alternative shipping routes and modalities, including air cargo, is crucial despite the higher costs.

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This Week in Logistics News (June 10 – 16)

Logistics Viewpoints

But despite those challenges and uncertainties, the majority of supply chain leaders are optimistic about the future, with 61 percent reporting a positive business outlook for 2023. Sales of excavators in North America last year rose 23 percent over 2021 to 41,320 machines, the second-straight year of record sales, said Off-Highway Research.

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November 15, 2023 Update

Freightos

More Resources Home November 15, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Initially during the pandemic, supply chain managers held more buffer stocks to account for disruptions. 2022 ocean schedule reliability dropped to 30%.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

2023 was the warmest year on record. A graph showing Resilinc’s Extreme Weather Trends data from 2012 to 2023. While all disruptions show increased growth, Extreme Weather disruptions saw a significant jump from 2020 to 2023. Drought Record-breaking temperatures in 2023 exacerbated global droughts.

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This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery. Global trade declined by 1.3 million customers.