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November U.S. Logistics Manager’s Index- Noteworthy Trending

Supply Chain Matters

The above is relatively good news for retail and consumer goods businesses given the inventory overhang that has dogged the industry for far too long. The canal disruption is further noted as having more freight being routed to U.S. West Coast ports, a shifting back to pre- Covid patterns.

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Hanjin Shipping Bankruptcy

3PL Insights

However, Nerijus Poskus, director of pricing and procurement for the freight forwarder and customs broker Flexport, predicts that this spike won’t last longer than one or two months. However, many consumer goods that were destined for retailers may never actually make it to stores.

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

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. And now on to this week’s logistics news.

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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Resilinc’s President of Government/Defense/Aerospace, Peter Guinto, joins CNBC’s “Last Call” to discuss the supply chain impact of the cargo ship attacks in the Red Sea along with the freight stuck at two Texas border crossings that are temporarily shut down. Which industries could be impacted by the Red Sea attacks?