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

Resilinc

What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. Under Condition 3, the total number of booking slots is limited to 14. How long will the Panama Canal drought last?

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This Week in Logistics News (September 9 – 15)

Logistics Viewpoints

The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. Suspending these bookings enables the super vessels without reservations and the longest wait times to travel through the canal on a first-come, first-served basis.

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Book Review: Logistics Clusters-Delivering Value and Driving Growth

Supply Chain Opz

Book Review: Logistics Clusters-Delivering Value and Driving Growth. Recently, Ive found the new book called " Logistics Clusters: Delivering Value and Driving Growth ". Then, this post will explain how this book help to solve my question. Author of the Book. The question got 4-5 followers but there is still no reply.

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Climate Change and the Supply Chain

Logistics Viewpoints

In an equally troublesome bit of news, 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.

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November 7, 2023 Update

Freightos

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

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Logistics Technology Q2 2017 Roundup

Freightos

The quarter ended on a somber note for digitization, as a global cyber attack called Petya infiltrated Maersk Line’s systems, leading to a freeze on new bookings of containers on Maersk ships and halting operations at APM terminals for a couple of days. Download the full report now. DOWNLOAD REPORT NOW.

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March 19, 2024 Update

Freightos

Easing Panama Canal restrictions announced last week – which will increase daily transits to 27 – are also a good sign for transpacific shippers to the East Coast. American demand projections could also help keep N. America rates above normal, with carriers reportedly adding capacity for the coming month in anticipation of improving volumes.

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