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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

Vásquez told the Associated Press, “In the first quarter of the fiscal year, the passageway saw 20% less cargo and 791 fewer ships than the same period the year before.” The editorial board at The Washington Post points out, “This is not just Panama’s problem. Unfortunately. ” How bad have things become? .”[3]

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This Week in Logistics News (February 12 – 18)

Logistics Viewpoints

Instead, they are printed ahead of time, for both teams. This year, with the LA Rams being Super Bowl champs, Good360 said it will ship thousands of “unsellable” Bengals-branded hats, T-shirts, hoodies, sweatshirts, COVID-19 masks, and scarves to struggling people in Africa, Asia, Eastern Europe and the Middle East.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. Containerized rates have quadrupled, and delivery times have increased by two weeks. On January 11, the U.S. The next day, the U.S.

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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

But nobody is talking about the supply chain for these vehicles, and the capacity required to build them. And is there enough capacity to produce the new types of vehicles? GM has committed to 30 new electric vehicles by 2025. Fo rd is committing to an all-electric vehicle platform with zero emissions by 2035.

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December 19, 2023 Update

Freightos

Together with ZIM who was already diverting their Red Sea traffic, these carriers represent 56% of global capacity, meaning an estimated 17% of global volumes will be taking a longer, more expensive route from Asia around the southern coast of Africa to N.Europe and the Mediterranean, as well as some Asia – N. Europe – N.

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January 10, 2024 Update

Freightos

At the same time, multiple nations have reportedly backed out or refused to publicly be included in the naval coalition now patrolling the area due to geopolitical considerations. Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. Asia – N.

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December 28, 2023 Update

Freightos

Longer transit times have disrupted schedules and have carriers and port operators rushing to revise arrival slot allocations in an attempt to avoid the “vessel bunching” of multiple ships arriving at once that was one driver of port congestion and delays at Europe’s major hubs during the pandemic.