Remove 2021 Remove Panama Remove Procurement Analytics Remove Sourcing
article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

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. Not only did the cost increase, but variability tripled. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021.

article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

The price of an ocean shipment increased 9-10X from 2020-2021. Not only did the cost increase, but variability tripled. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021. The dramatic increase in cost is a major factor in inflation: driving the 11.5%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Market Report – August 2022

Elementum

Welcome to Elementum’s Supply Chain Market Report. Since June 2021, the strength of the US dollar has increased by almost 19% — and in July the dollar hit 108 on the DXY. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Now, the Euro is at $1.02. Cash reserves.

article thumbnail

Interoceanic Passages

Abivin

In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. The four most significant interoceanic passes in the globe are the Strait of Hormuz, the Strait of Malacca, the Suez Canal, and the Strait of Panama. Potential for closure or interruption.

Panama 52
article thumbnail

This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

Amazon has a long way to go, as the company says its operations emitted about 71 million metric tons of carbon dioxide equivalent in 2022, up by almost 40 percent since Jeff Bezos’s 2019 vow that his company would eventually stop contributing to the emissions warming the planet. Logistics companies tell CNBC that U.S.