Resilinc
AUGUST 30, 2023
What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?
Logistics Viewpoints
MAY 26, 2023
Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). This resulted in meaningful cost savings for our last mile delivery program overall,” he added.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Logistics Viewpoints
SEPTEMBER 15, 2023
Gatik’s four-year project with Walmart — using driverless trucks since 2021 — ended with the closing of the warehouse where it was picking up loads. The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. days for general cargo vessels. The average wait for a vessel at this time is around 5.8
Freightos
JANUARY 3, 2024
America vessels will also be higher than usual as several carriers had already rerouted some services – that normally transit the Panama Canal on their way to the East Coast – to the Suez to avoid possible Panama Canal drought-driven delays and extra costs. So far there have not been reports of any significant air cargo bump, though.
The Logistics & Supply Chain Management Society
JANUARY 3, 2023
Cargo Owners for Zero Emissions Vessels (coZEV) launched the Roadmap to 2040 which includes the creation of a new maritime freight buyers alliance, a cargo owner policy coalition, and a green corridor advisory board to enable full decarbonisation of ocean freight.
Freightos
DECEMBER 19, 2023
But because of the excess capacity available to address the disruption – something that was not the case during the Suez Canal blockage in 2021 – it is possible that the industry will avoid the extreme rate spikes like those seen during the pandemic. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Supply Chain Shaman
DECEMBER 30, 2021
The volume of ocean shipments grew two-fold in the past decade, and the price of an ocean shipment increased 9-10X from 2020-2021. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021. Freight Rates 2019-2021. jump in apparel costs and 5.5%
Expert insights. Personalized for you.
62 
Let's personalize your content