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The new issue for the global supplychain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity. And now on to this week’s logistics news.
As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supplychain. Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway.
Other countries covered in the report include the United Arab Emirates (UAE), Egypt, Qatar, and the rest of MENA, excluding Turkey and Israel due to their already-advanced infrastructure. Reefer-x: A cold chain tech provider offering real-time tracking and monitoring solutions for temperature-sensitive cargo.
On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. The 224,000-ton vessel measuring nearly four football fields in length, suffered poor weather conditions including 40-knot winds and a sandstorm that caused low visibility.
February 2023 saw supplychain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.
Cargo Owners for Zero Emissions Vessels (coZEV) launched the Roadmap to 2040 which includes the creation of a new maritime freight buyers alliance, a cargo owner policy coalition, and a green corridor advisory board to enable full decarbonisation of ocean freight. LogiSYM SupplyChain Magazine – December-January 2023.
Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of SupplyChain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supplychain and logistics management.
Logistics planners would readily tell you that this is not a surprise; such imbalances are a reality in the cargo industry. But the impact of these ‘empty moves’ can be mitigated with smart supplychain planning disciplines. Secondly, logistics infrastructure in Africa is terribly inefficient.
Although the cargo on the Ever Given is still at a standstill, other ships have been able to freely move through the canal over the past few weeks. Even still, the effects of the Suez Canal block will continue to ripple far beyond the cargo that remains stuck on the Ever Given. The entire supplychain can be impacted by one accident.
As was confirmed for me yet again this week at a conference, the most utilized supplychain and logistics application, the reigning champ of them all, is the Excel spreadsheet. Global SupplyChains Open Door to Fraud ( CFO.com ). Forget cloud, social, and mobile. Forget WMS and TMS. Forget BI and analytics.
Supplychain industry executives are split sharply about how Mexico will fare if it is able to agree with the United States and Canada on terms to update the North American Free Trade Agreement. . 25, second largest increase after Egypt, which climbs six spots. In the 50 country rankings, Brazil slips two spots to No.
In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. Turkey wasn’t the only country impacted by this severe disaster, either.
Bordered by Lebanon, Syria, Jordan, and Egypt, the State of Israel is connected to even more countries through the global supplychain. This blog will explore how each industry could be impacted and what companies can do to mitigate supplychain risks proactively.
In the current global economy, the closure of a maritime chokepoint would have significant economic ramifications due to the disruption of trade flows and even some supplychains (e.g. By the time Egypt nationalized the canal in June 1956, all British troops had left. Gibraltar and Suez during World War II).
Welcome to Rethinking SupplyChains by me, Cathy Roberson. I write for publications such as the Journal of Commerce and Air Cargo World. I also do random supplychain projects for folks. How supplychains are evolving has always fascinated me so I plan to focus on this in upcoming posts. in 2020. .”
Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supplychains fed by the Suez and Panama Canals.”[3] Even so, global supplychains have been impacted. ”[9] One of the biggest losers in this scenario is Egypt.
cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S. retailers including Walmart (WMT.N)
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