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How is the Logistics Economy Holding Up?

Logistics Viewpoints

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

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

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. 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.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. For the route from Asia to the West Coast of the U.S., to Asia are “going back empty.”.

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Green Corridor: Pace and Resolve Needed to Help Reach Sustainability Goals

The Logistics & Supply Chain Management Society

The company also announced that all new ships built in the future will have dual-fuel technology so that carbon can be cut out quicker. Electrification of ship engines is happening for some feeder and smaller vessels as well. In the air, Deutsche Post DHL and DB Schencker have begun to use tiny amounts of sustainable air fuels.

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This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

Empty shipping containers stack up at US port depots. There has been a lot written about the need for shipping containers. The biggest issue now is the fact that shipping containers, once unloaded, cannot be moved. McCormick’s diverse supplier network helps shield it from Ukraine impacts.

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The West Coast Bottleneck with Brian Rice

The Logistics of Logistics

China, Canada, Mexico, Japan, and Germany are the top 5 exporters to the USA. The surge in ships arriving from Asia put West Coast ports under stress, which started in November and thus far has continued through into the summer months. In 2019, these five countries supplied 48% of the $2.5 trillion in U.S. imports of goods.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.