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

Resilinc

Due to the drought, the Panama Canal Authority (ACP) updated booking conditions for ships for the Panamax locks (the older locks of the Panama Canal used by smaller ships). Under Condition 3, the total number of booking slots is limited to 14. Some ships were delayed by as much as 21 days. As of this week, the bottleneck has lessened.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.

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Freightera Marketplace Books 10,000th Shipment, Goes Live with CN Rail

Freightera

Freightera, “Expedia for Freight”, celebrates its 10,000th shipment, on target to achieve best LTL inventory in the US and Canada. May 1, 2018 /PRNewswire/ — Freightera, North America’s rapidly growing online freight marketplace, celebrated its 4th birthday today as it booked over 10,000 shipments.

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Justifying Investments in Risk Avoidance

MIT Supply Chain

In my 2005 book The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage (MIT Press, 2005) I wrote that continuous security, resilience and risk mitigation efforts can be hampered by their own success. I gave the example of Sun Microsystems, which suffered a spate of freight thefts in Europe.

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The Definitive Guide on Produce Season Transportation Impacts

Zipline Logistics

Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. This drives up rates and can affect your ability to book shipments in/out of affected and nearby states. Mississippi. If dealing with North Dakota freight, expect some capacity fluctuations around this time.