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Stormy Weather: Supply Chain Risk Management and Climate Change

Enterra Insights

Phillips (@EEPhillips_WSJ), “is behind extreme weather patterns seen from India to Panama. “The El NiƱo phenomenon,” writes Erica E. With … Continued. The post Stormy Weather: Supply Chain Risk Management and Climate Change appeared first on Enterra Solutions.

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April 9, 2024 Update

Freightos

Though low-water measures in Panama did not prove terribly disruptive to container traffic, the easing of Panama Canal transit restrictions as the region enters the long-awaited rainy season is nonetheless welcomed news in the industry, and has lead Maersk to restore one of its services that had stopped using the canal. Prices to N.

Baltimore 247
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March 19, 2024 Update

Freightos

Easing Panama Canal restrictions announced last week ā€“ which will increase daily transits to 27 ā€“ are also a good sign for transpacific shippers to the East Coast. American demand projections could also help keep N. America rates above normal, with carriers reportedly adding capacity for the coming month in anticipation of improving volumes.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

America vessels will also be higher than usual as several carriers had already rerouted some services ā€“ that normally transit the Panama Canal on their way to the East Coast ā€“ to the Suez to avoid possible Panama Canal drought-driven delays and extra costs. Some carriers have added significant surcharges for India – N.

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December 28, 2023 Update

Freightos

Some carriers have already announced $1,500/FEU GRIs and significant surcharges for India – N. Some Asia – US East Coast services, especially from the Indian Subcontinent, typically sail via the Suez Canal and will now divert around the south of Africa. America have not been widespread so far.

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June 21, 2023 Update

Freightos

But improvements in East Coast and Gulf port capabilities as well as some diversification of sourcing to places like India and Vietnam whose containers typically head to the East Coast via the Suez Canal could also mean that not all shippers will be coming back.

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Where Does Cuba Rank in Logistics?

Talking Logistics

As the chart below shows, Cuba significantly lags Panama, the highest ranking country in the Latin America & Caribbean region with a LPI Score of 3.19. With the Panama Canal on course for expansion early next year, and Nicaraguaā€™s ā€œGrand Canalā€ in early development, Cuba could be in the sweet spot for future world trade and logistics.

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