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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

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Canadian Ports: A Fast Lane for Asia-U.S. Imports?

Talking Logistics

As the WSJ article reports, “In one example of that surge in demand, a container terminal operator at Port Metro Vancouver in August told its customers it didn’t have enough railcars to ship Asian goods to the U.S. Midwest and suspended service for a week.”. The bottom line: History keeps repeating itself at the U.S. West Coast ports.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

Carriers and logistics services providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Barclays in-turn cut 2023 earnings estimates for Maersk and Zim Integrated Shipping Services.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

Concurrently, supply chain leaders will be expected to continue efforts directed at instilling added supply network resiliency and tactical based agility. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 This level represents a contraction of $1.5

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Professor Yossi Sheffi on Resilience, Visibility, and Biggest Risks this Holiday Season

Elementum

He is an expert in systems optimization, risk analysis, and supply chain management, which are the subjects he teaches and researches at MIT. His latest book, The Power of Resilience: How the Best Companies Manage the Unexpected , was released this month. Looking to the Holidays. It’s expectation of a 12.4

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Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

Last September, a jury at Southwark crown court in south London found Amazon guilty of shipping dangerous goods by air. The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002. It outlines how dangerous goods must be handled when transported by air.

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This Week in Logistics News (February 27 – March 3, 2017)

Talking Logistics

Those same words were also said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and Long Beach for 8 days. “We cannot let this happen again,” is what the American Apparel & Footwear Association said in 2015. Guess what?