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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

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?

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. Once more, the January reading is well below the gauge of the December 2021 reading of 4.33, when cascading global-wide shipping disruptions began to manifest globally.

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

Supply Chain Shaman

Background on Ocean Transport. 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.

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

Labor Department indicating that warehouses and transportation companies employed 25,000 few workers in October than the year-earlier period. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. This report cites data from the U.S.

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

Supply Chain Shaman

Background on Ocean Transport. 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. We are awash in a sea of self-interest. jump in apparel costs and 5.5%

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Added Alerts to a Warming Earth and Supply Chain Climate Change Mitigation Efforts

Supply Chain Matters

Both the COP 26 and COP 27 Global Change Summits held in 2021 and 2022 respectfully, sounded the alarm that businesses and governments face a more compelling timeline for mitigating ongoing warming of the planet. Once more, this does not solely apply to businesses, but also transportation and logistics services firms as well.

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Interoceanic Passages

Abivin

Global Maritime Routes and Chokepoints Maritime routes are a few kilometers wide corridors that connect economic regions and cross land transportation gaps. Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. They form a continuum. Potential for closure or interruption.

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