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Lessons to Glean From the West Coast Port Dispute

MIT Supply Chain

It appears that ports on the US West Coast are back in full swing after a protracted labor dispute delayed cargo worth billions of dollars and caused untold reputational damage to the companies caught in the crossfire. First, over the next several years, new shipping options will become available to US companies.

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Large Shipping Losses Have Declined 38% over Past 10 Years

Material Handling & Logistics

There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.

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Interoceanic Passages

Abivin

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.

Panama 52