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5 Immediate Impacts of the Ocean Shipping Reform Act of 2022

The Logistics & Supply Chain Management Society

5 Immediate Impacts of the Ocean Shipping Reform Act of 2022 By Nat Josef Just when it seemed like bipartisanship was going the way of the dinosaurs, Congress recently came together to pass the Ocean Shipping Reform Act of 2022, which President Biden signed into law on June 16th. percent in 2020 and a staggering 50.5

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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The prescriptions are offered via Amazon’s online pharmacy service, which launched in 2020. mile-long span. million-strong workforce.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Cotton production in India could dip 4% from 2021, down to 34 million bales in the 2021/2022 marketing year.

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Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen

The Logistics of Logistics

Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.

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Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

The problems we are experiencing now started in March 2020 when COVID hit and suppliers in Asia shut down. . By May 2020, suppliers were mostly operational again, but there was a huge downturn in U.S. Labor shortages , impeding the ability to get cargo unloaded, loaded, or moved.

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September 20, 2023 Update

Freightos

Asia – Mediterranean prices fell 9% to $1,818/FEU last week, their lowest level since July 2020, with carriers announcing additional capacity reductions on this lane too. compared to 2022 while capacity will climb 8%. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. Since November 2022, CargoNet has been tracking a sharp rise in that highly technical scheme across the United States. manufacturers re-evaluating their reliance on China.