Remove Inventory Remove Shipping Remove South Korea Remove United States
article thumbnail

Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.

article thumbnail

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. The ACP recently stated they expect to maintain these restrictions for at least ten more months.

Panama 62
Insiders

Sign Up for our Newsletter

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

article thumbnail

Chinese New Year Shutdown 2020: How to Prepare

ShipBob

The Chinese New Year (abbreviated as CNY) in the United States is often nothing more than a blip on the radar. In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal.

How To 136
article thumbnail

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Unfortunately, much of the changes are factors caused by the escalating trade wars between the two largest nations in the world: the United States and China. Shipping costs are also expected to spike upwards. At the same time, the United States grew further in size as the world’s largest contiguous market.

article thumbnail

Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

Optimism is reflected in United States , Eurozone and select Asia data and the traditional Lunar New Year holiday period does not appear to have dampened Asia based production levels for February. Indices reflecting manufacturing across the United States were generally positive. Federal Bank of New York.

article thumbnail

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. And, according to some analysts, things could get worse—a whole lot worse!

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Material Handling & Logistics ).