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

Enterra Insights

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. Today, nearly 90 per cent of global trade is carried by sea-going vessels. As a result, maritime shipping lies at the very heart of the global logistical system. Unfortunately. ” How bad have things become? .”[3]

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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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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. World economic growth was forecasted to slow from 3.5

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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. In Asia, Vietnam and Bangladesh are more important sourcing locations.

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Climate Change and the Supply Chain

Logistics Viewpoints

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Agriculture, oil and gas operations are major sources of methane emissions. Such shifts can be natural, due to changes in the sun’s activity or large volcanic eruptions.

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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. Maersk is not the only global wide carrier bringing on added new ship capacity this year. Our prior published update was on January 19 th.

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

Supply Chain Matters

This survey was conducted in May among participants in the global freight forwarding community. 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.”

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