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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels. All rights reserved.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Truck and rail transportation movements across the Mexico and U.S.

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

Survey 52
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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

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.

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El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

Identify Alternative Transportation Routes. For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño. Special attention should be paid to products that you source from one supplier with no redundancy—and their related revenue streams.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. For the first time in many months, report authors identified export order demands originating countries as being Australia, Bangladesh, Brazil, Canada, China, Europe, Indonesia and the United States.

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Added Alerts to a Warming Earth and Supply Chain Climate Change Mitigation Efforts

Supply Chain Matters

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. Once more, this does not solely apply to businesses, but also transportation and logistics services firms as well.