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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

The number of vessels waiting to cross the Panama Canal has reached 154, and slots for carriers to book passage are being reduced in an effort to manage congestion caused by ongoing drought conditions that have roiled the major shipping gateway since the spring. The number of pre-booking slots was reduced to 14 daily from 23.

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E2open to Acquire INTTRA, Adding the World’s Leading Ocean Shipping Network and Software Provider, Creating an Integrated Global Supply Chain and Logistics Operating Network

E2open

Today, one out of every four ocean containers shipped globally is booked through the INTTRA platform. E2open with INTTRA and Avantida, will offer deep integrations with logistics service providers, from third-party, fourth-party, freight forwarders and NVOCCs, and carriers servicing all modes of transportation – air, road, rail and ocean.

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Interoceanic Passages

Abivin

This is due in part to the chokepoints they cause in the flow of global freight as well as the fact that they give people access to resources and commercial activity more effectively. Due to the extra time required to wait for a transit slot when there are no bookings, the trip takes an average of 35 hours.

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