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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. Some of the major industries and sectors that are affected by the port closure are: Automotive industry: The Port of Baltimore is the largest auto port in the country, handling about 800,000 vehicles per year.

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April 2, 2024 Update

Freightos

Judah Levine April 2, 2024 Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $3,628/FEU. Asia-US East Coast prices(FBX03 Weekly) were level at $5,291/FEU. Asia-Mediterranean prices(FBX13 Weekly) increased 17% to $5,307/FEU. Asia in March, where rates hit $5.25/kg

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Global Supply Chain Disruptions: Covid-19’s Ripple Effect Continues + 5 Changes Needed for 2022

ToolsGroup

The problems we are experiencing now started in March 2020 when COVID hit and suppliers in Asia shut down. . When capacity was cut, so too was the empty supply of containers back to Asia. Labor shortages , impeding the ability to get cargo unloaded, loaded, or moved. Let me bring that to life. .

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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

importers of containerized goods, they may get priority access to containers and space on cargo ships,” according to Reuters. Compounding the shipping stress is the uncertainty about COVID-19, which is still surging in much of Asia. —has given Walmart and Target the go-ahead to import their orders directly from foreign ports.

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Resilinc’s Q1 2023 Supply Chain Disruption Data

Resilinc

Labor disruptions include strikes (such as company/site level strikes, national strikes, transportation strikes, airport strikes, union contracts and strikes, cargo strikes, border authorities strikes, and postal services strikes), as well as layoffs, labor walkouts, and labor protests.

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Molex Prizes Agility

Logistics Viewpoints

Those industries include data communications, medical, industrial, automotive and consumer electronics. But more than half of their shipments – including a significant portion that begin at factories in Asia – travel across oceans or continents These long-distance shipments go by ocean, air, or rail.

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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . The automotive industry, for example, has famously relied on a JIT manufacturing strategy (or lean manufacturing) since the 1950’s.