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

Enterra Insights

As I pointed out in the first part of this article, two of the world’s most vital maritime chokepoints — the Suez Canal and the Panama Canal — are experiencing serious challenges. a severe drought, which began last year in Panama, is disrupting canal operations. Unfortunately. ” How bad have things become?

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Those goods flowed through three regional hubs – in Singapore, Panama City, Panama and Stabio, Switzerland – to 49 distribution centers, 24 of which VF operates. Goods move through 25 ports of entry into North America and 10 in Europe, the Middle East, and Africa. The company works with 13 ocean carriers and 7 air carriers.

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December 28, 2023 Update

Freightos

Some Asia – US East Coast services, especially from the Indian Subcontinent, typically sail via the Suez Canal and will now divert around the south of Africa. America operations and rates will likely be impacted as well. Some carriers have already announced $1,500/FEU GRIs and significant surcharges for India – N.

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Supply Chain by the Numbers for Week of July 9, 2015

Supply Chain Digest

Walmart Charging Vendors for Inventory, The Panama Canal is Filling Up, Apparel Companies See Africa as Next Source of Low Costs, China Stock Market Tumbling, Impacts to Follow

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When the Heavy Hand of Government is Not a Burden

MIT Supply Chain

The widening of the Panama Canal to enable larger ships to pass through the trade artery will generate this traffic. These states imposed strict quarantine requirements for travelers arriving on US shores from West Africa, even when the individuals show no signs of contracting Ebola.

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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. America traffic.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Here’s a look at two recent major droughts that have impacted supply chains: Panama Canal Drought Impact on Supply Chain In 2023, the Panama Canal, one of the world’s most important waterways, faced one of the driest years in over 140 years. In April, the Panama Canal Authority will reevaluate water levels.