article thumbnail

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

Resilinc

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. The current situation in the Panama Canal has already caused China-US spot shipping prices to rise by as much as 36%. Are there alternatives to the Panama Canal?

Panama 62
article thumbnail

Say It Ain’t So — Now There’s a Coffee Supply Chain Shortage?

BlueYonder

This blog was written by Bryant Miller, Corporate Communications, with insights from Jim Hull, Senior Industries Strategy Director at Blue Yonder. Let’s start with the summer drought in Brazil , the worst the country has seen in nearly a century. I could handle the toilet paper shortage — I wanted a bidet anyway. No chicken wings?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three Months after Tianjin, the Area is Still Reeling.

Elementum

Cut Downs and Losses. Companies have been cutting down on their profit estimates following the Tianjin incident. Carmaker Jaguar Land Rover (JLR) recently reduced its pre-tax profits forecast , claiming it cannot match the £2.61bn pre-tax profit earned in 2014/15. We take a look at the lasting consequences.

article thumbnail

This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

A prolonged drought has led the canal’s operator to cut the number of crossings, resulting in longer waits. Cargo volumes through the Suez and Panama canals have plunged by more than a third. One source said that the strategy could be announced Tuesday. On its best days, Pyxis Ocean could cut that down by 37 percent.

article thumbnail

Uber Freight: Another “Uber-for-Trucking”?

Freightos

The next boost came in 1980, when the Motor Carrier Act eliminated excessive regulation from the Great Depression, pushing trucking prices down by 50%-75% and, as intended, made competition more fierce. Cargo Chief. Brazil-based with funding from Uber co-founder. 10-4 Systems. Spun off from GlobalTranz (July 2016).

Freight 120
article thumbnail

Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Indeed, companies in the United States, Italy, Canada, Brazil, Australia, and China are already experiencing difficulties arising from t ier 2 supply interruptions. Rapidly rising fuel prices will bring about even more widespread supply chain disruption. From Fuel to Fertiliser, Supply Shortages Start to Bite.

article thumbnail

Iron Ore's Seen Back in $40s as China Challenges Loom in `18

Material Handling & Logistics

So far in 2017 prices have dropped 20%, hurting income for producers including Rio Tinto Group, BHP Billiton Ltd. From here till year-end, I think we’re more balanced now,” Luke said by phone, citing the exit of some supply in China as well as the potential easing of steel capacity cuts beyond October. and Australia’s government.

China 40