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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. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea.

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. And now on to this week’s logistics news. general merchandise stores expanded 1.2

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This Week in Logistics News (September 9 – 15)

Logistics Viewpoints

The latest capability for merchants shows that the e-commerce giant is trying to control more inventory deeper in the supply chain before it’s sold. The Panama Canal Authority (ACP) has suspended bookings for super vessels through Sept. days for general cargo vessels. The average wait for a vessel at this time is around 5.8

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What to Do Now Before the Panama Canal Expands

CH Robinson Transportfolio

The Panama Canal expands in 2016. If costs were all that mattered, these shippers would route their products through the expanded Panama Canal to reach Columbus via rail from the New York-New Jersey port. First, more inventory would be in transit at any given time. What will it mean for U.S.

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Survey Points to Little Signs of Traditional Peak Period Ocean Container Demand

Supply Chain Matters

Now we have labour disruptions and the Panama Canal drought, which in normal circumstances would lead to an uptick in freight rates as they adsorb effective capacity, but any significant price effect is now highly doubtful in the current market.” This survey was conducted in May among participants in the global freight forwarding community.

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August 29, 2023 Update

Freightos

And while a recent analysis shows US retail inventory levels are decreasing , they remain elevated, and, together with slowing sales, will likely push off a significant restocking cycle and freight rebound until mid-2024.Taken America air cargo rates increased for the third consecutive week last week, and at $4.02/kg