article thumbnail

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?

Panama 62
article thumbnail

High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

As I pointed out in the first part of this article, two of the world’s most vital maritime chokepoints — the Suez Canal and the Panama Canal — are experiencing serious challenges. a severe drought, which began last year in Panama, is disrupting canal operations. Unfortunately. ” How bad have things become?

Panama 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Climate Change and the Supply Chain

Logistics Viewpoints

While the impact on planet Earth is evident, and companies and countries are making strides to reduce emissions, climate change is also wreaking havoc on global supply chains. And there are a variety of ways in which climate change is affecting supply chains. All of these can have disastrous effects on the supply chain.

article thumbnail

Above the Fold: Supply Chain Logistics News (September 15, 2023)

Talking Logistics

I’ll also be interviewing several shippers and carriers during the event to get. Read more The post Above the Fold: Supply Chain Logistics News (September 15, 2023) appeared first on Talking Logistics with Adrian Gonzalez.

article thumbnail

10 Disruptive Issues in the Supply Chain

American Global Logistics

So, we’ve written numerous posts about these events to help you make sense of those disruptions. Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. Drought and congestion at the Panama Canal have significantly impacted shippers. Delays have led to higher costs for goods.

article thumbnail

The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Anytime you have a chance to talk to an executive vice president in charge of the global supply chain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global Supply Chain at VF Corporation, did not disappoint. Achieving Agility with Regional Supply Chains.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.