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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

A drought in Panama significantly reduced transits of larger Neopanamax-class container ships in November and December, with transit constraints intensifying last month. Container vessels that traditionally used the Panama Canal to bring Asian goods to East and Gulf Coast ports switched to the Suez Canal. percent year on year.

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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.” Spot rates are at pre-pandemic levels in most trades, and contract rates are sliding.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

As we have noted in this thread of updates, to a further extent, shipments from Asia eastward that traverse the Panama Canal are an important added backdrop to ocean transport disruption impacts. Specifically, EBIDA is currently forecasted to be in a range of between $1 billion and $6 billion this year. That compares to $9.8

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. World economic growth was forecasted to slow from 3.5 percent in 2024. This level represents a contraction of $1.5

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

Seasonal Holiday Hiring At Its Lowest Levels Following up on our Supply Chain Matters posting highlighting the National Retail Federation’s (NRF) November 2023 holiday spending forecast , The Wall Street Journal reported this week ( Paid subscription ) that the number of U.S.

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Giants in the tank. Has liner shipping lost its mojo?

DELMIA Quintiq

The Panama papers were still hogging the headlines and competing hard against dissections of mishaps in the private lives of British politicians. Their forecasting of financial results is still based on the return of China as the factory of the world. And let’s not forget the endless discussions on the subject of Brexit.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

I also laugh when newscasters quip, “Just move west coast ships through the Panama Canal…” With new locks in 2016, the Panama Canal is able to handle vessels with an overall length of 366 m (1201 feet), 49 meters beam (increased by the Canal Authority effective 1 June 2018 to 51.25 Increase in Size of Ocean Carriers.