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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
Background on Ocean Transport. 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
Full-to-bursting warehouses means fewer orders for manufacturers, which translates into lower levels of business activity and, ultimately, weaker growth. The massive pileup is a result of water conservation measures the Panama Canal Authority deployed in late July due to drought. And now on to this week’s logistics news. 11 release.
Report data indicates significant year-over-year increases in the average total time for container transport, from booking to receipt, for several major global shipping lanes. Asia to Europe container transport averaged 75 days, an increase of two days over last quarter and a 14-day increase from the same period a year ago.
Drought conditions at the Panama Canal are not a good match for its high water demands; it takes at least 50 million gallons of water , with some sources citing much more, to move a single ship through the 51-mile waterway. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day.
It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Energy, industry, transport, buildings, agriculture and land use are among the main sectors causing greenhouse gases. Perhaps the biggest threat is rising sea levels.
The responsibility for container safety is shared across the supply chain, with solutions for safer container transport including proper packing, stowage, and securing of containers, and reporting of correct weight. Colorado also adopted the rule but will have a heavy duty truck provision begin in 2027.
Background on Ocean Transport. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Net/Net: The Panama Canal cannot handle the largest ships, and moving a vessel through the Panama canal increases the cost of a container by approximately $8,000.
An Update from Sharm El-Sheikh on Decarbonisation of Transport. Transportation accounts for 17 percent of global greenhouse gases (GHG) and 20 percent of global carbon dioxide (CO2) emissions. Unlike in Glasgow, there was no dedicated transport day, nor a transport pavilion in Sharm El-Sheikh.
Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Water shortages burdened Panama Canal shippers with extraordinary delays and cost increases, serving as a reminder to greater consider changing climate and weather patterns in supplier contracting and logistics planning.
New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC. When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). A transportation management system (TMS) can help shippers weigh the pros and cons of each option. Triad of factors.
That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Shipping lines again managed to extract added spot rates and surcharges which have impacted business transportation budgets. Global wide manufacturing activity levels as measured by the J.P.
This disruption affects various industries, including suppliers for global retailers and car manufacturers. The British Retail Consortium warns that higher transportation and shipping insurance costs could lead to delays and price hikes, potentially affecting product availability over the coming months.
The Panama Canal expands in 2016, allowing for more and larger (post-Panamax) ships to make the passage from East Asia to the United States. Our paper looked at the question of how much traffic the expanded Panama Canal would divert to East Coast ports from a number of angles. In 2015, the Boston Consulting Group and C.H.
Kewill Expands Partnership with INTTRA to Provide Complete End-to-End Transportation Planning Solution with INTTRA’s Ocean Schedules. Panama Canal expansion to be complete by end of June ( Reuters ). Finally, there were several news items related to transportation management systems (TMS) this week. UPS Delivers Peak Profits.
Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.
The Panama papers were still hogging the headlines and competing hard against dissections of mishaps in the private lives of British politicians. This irrational behavior continues in light of a 3-year effort by the Chinese government to telegraph in no uncertain terms the switch from an economy based on manufacturing to services.
These ports handle a significant portion of the nation’s containerized cargo, especially for the consumer goods, retail, and manufacturing sectors. Exploring Inland Transport Routes : Shippers are also exploring inland transport routes, particularly utilizing rail and truck networks to bypass the impacted ports.
and Transportation Capacity (+5.2) and Transportation Utilization (-10.7). Ongoing Panama Canal Disruption Report authors made specific mention of the ongoing Panama Canal disruption brought about by declining water basin levels brought about by months of drought. and slowdown in Warehousing Utilization (-14.0)
Many sectors are affected by droughts, including agriculture, energy, water, utilities, and manufacturing. Currently, the Panama Canal, one of the world’s most important waterways, faces one of the driest years in over 140 years. Learn more in our Special Report: How Industries are Adapting to the Panama Canal Drought.
The market study by VerkehrsRundschau (a leading German magazine with a website about transport and logistics) assessed the attractiveness of the countries close to Germany as a base for logistics activities. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands. Palestinian Territory, Occupied.
Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.
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. Truck and rail transportation movements across the Mexico and U.S. This level represents a contraction of $1.5
These include a wider Panama Canal and possibly the construction of a Nicaragua Canal; Mexican port capacity expansions; port capacity expansions on the US East Coast that will reduce the costs of using the Suez Canal; and even the opening up of Arctic sea routes. This post was originally published on the LinkedIn Influencer site.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. Manufacturers and retailers had a generally positive outlook on the prospect of consolidation. Fourth release of 3PL Subway Map Europe. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. Manufacturers and retailers had a generally positive outlook on the prospect of consolidation. Fourth release of 3PL Subway Map Europe. Netherlands Antilles. New Caledonia. New Zealand. Norfolk Island. Northern Mariana Islands.
The supply chain solutions for the 24-hour economy lie primarily in a flexible IT platform which enables the various internal software applications, such as for manufacturing execution, warehouse management and transport planning, to be connected to external systems such as for customs handling. Netherlands Antilles. New Caledonia.
The recent standoff, coupled with the planned expansion of the Panama Canal – scheduled to complete in 2016 – could potentially divert shipping to different ports, which would impact supply chain stakeholders on the West Coast. Imports alone dropped 28 percent year over year in January, the Wall Street Journal added.
The recent standoff, coupled with the planned expansion of the Panama Canal – scheduled to complete in 2016 – could potentially divert shipping to different ports, which would impact supply chain stakeholders on the West Coast. Imports alone dropped 28 percent year over year in January, the Wall Street Journal added.
As companies look to restructure their global supply chains in response to the Covid-19 pandemic and other disruptive forces, the Latin America and Caribbean (LAC) region has an opportunity to become the next manufacturing and logistics hub. Mexico is particularly strong in heavy manufacturing industries, notably, automotive.
They are more reliable, tune in well to volatilities and help build the necessary trust between the manufacturer and the final customer. A resilient supply chain has great visibility and the agility to shift sourcing, manufacturing and distribution activities around fairly rapidly. What Are the Benefits of Supply Chain Resilience?
However, economic and manufacturing recession conditions are now being observed. Thus, de-carbonization mitigation efforts become more focused on supply chain strategy and policy actions along with product sourcing and transportation movement efforts weighted toward de-carbonization.
Labor Department indicating that warehouses and transportation companies employed 25,000 few workers in October than the year-earlier period. In the short term, drought-conditions that continue in the waters surrounding the Panama Canal continue to face long waits for traversing, or potential detours.
Maritime transport is the main artery of global trade. The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of global transport. Yet these chokepoints are vulnerable to disruptions.
could design and manufacture the advanced computer chips that power everything from lawnmowers to supercomputers on its own soil, instead of having to outsource production to Asia. Unspun’s Vega machine makes clothes on-demand, eliminating the traditional cut-and-sew process of textile manufacturing altogether. Intel wins $19.5
Enduring Drought Disrupts Panama Canal Navigation The Panama Canal is a vital shipping route that connects the Atlantic and Pacific Oceans. Drought and congestion at the Panama Canal have significantly impacted shippers. The Panama Canal Authority is working to address the congestion.
speed, simplicity and predictability of formalities) by border control agencies, including customs; Quality of trade and transport related infrastructure (e.g., transport operators, customs brokers); Ability to track and trace consignments; Timeliness of shipments in reaching destination within the scheduled or expected delivery time.
Hapag-Lloyd: Shipping and container transportation company. Shipping and container transportation company. Will stop transporting cargo to and from Israel (Dec 17). Nippon Yusen : Transportation and logistics. Yang Ming Marine Transport Corporation: Container transportation. Will reroute shipments.
Production/manufacturing. Transportation. Broadly speaking though, the following areas are those where KPIs will be necessary: Order capture. Inventory management. Purchasing and supplier management. Warehousing.
A new consideration to such shifts is a current development related to ongoing concerns toward increased lowered water levels in the approaches to the Panama Canal. In this storms path have been significant wind and flooding related damage along with disruptions to transportation and logistics that are now being assessed.
The most significant news in global transportation and logistics circles late last week and this week are U.S. Somewhat familiar in these events from past history, both the National Retail Federation and the National Association of Manufacturers have asked the Biden Administration to push the parties toward a timely resolution.
Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea , industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. Now 27 ships navigate the Panama Canal each day, compared with 39 previously. And now on to this week’s logistics news.
SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier. All transportation of cargo prior to the point at which Carriers rates begin to apply as set forth above shall be at the risk and expense of Merchant. See Rule 14).
Supply chains naturally take advantage of efficiency and cost advantages and over the centuries, as transportation methods, technology and global knowledge improved, there has been a drive to take advantage of each and every step. Globalization and supply chains have been tied at the hip over the course of history.
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