article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). This resulted in meaningful cost savings for our last mile delivery program overall,” he added.

article thumbnail

November 15, 2023 Update

Freightos

New transit reductions in the Panama Canal are already causing increases in congestion , and impacting some perishables trade between South and North America, though large container carriers have so far not been impacted strongly. Freight news travels faster than cargo Get industry-leading insights in your inbox.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Here’s a look at two recent major droughts that have impacted supply chains: Panama Canal Drought Impact on Supply Chain In 2023, the Panama Canal, one of the world’s most important waterways, faced one of the driest years in over 140 years. In April, the Panama Canal Authority will reevaluate water levels.

article thumbnail

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

For example, the widening of the Panama Canal will change the conditions here in North Carolina, as enormous container ships will be circumnavigating the globe. And in Panama a huge transshipment area will grow where they will will do break bulk, put cargo onto smaller ships and send to North America.

article thumbnail

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

for example, many of the east coast ports have expanded exponentially over the past decade in preparation for the Panama Canal expansion; however, it is unclear whether increased activity in the canal will lead to more business for these ports. In North America the low hanging fruit for long-haul loads is rail. In the U.S.,

article thumbnail

Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here.

article thumbnail

Shipping Prospects Heat Up in the Arctic

Elementum

While relatively little cargo currently passes through the Arctic, traffic through the region is likely to increase over the next decade as shippers take advantage of freshly-thawed routes. the Suez and Panama Canals) remains a point of contention. Not All Smooth Sailing From Here.