Report Predicts Spring Surge in Import Cargo at Major U.S. Ports
Supply Chain Brain
APRIL 9, 2024
imports have continue to increase even as supply chain challenges in the Red Sea and at the Panama Canal have persisted.
High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks
Enterra Insights
FEBRUARY 22, 2024
As I pointed out in the first part of this article, two of the world’s most vital maritime chokepoints — the Suez Canal and the Panama Canal — are experiencing serious challenges. a severe drought, which began last year in Panama, is disrupting canal operations. Unfortunately. ” How bad have things become?
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This Week in Logistics News (January 20 – 26)
Logistics Viewpoints
JANUARY 26, 2024
The Panama Canal has faded from the headlines amid all the focus on the Red Sea. But fallout to global supply chains from Panama’s drought is far from over. Transits declined yet again in December as reservations were further restricted, according to newly released data from the Panama Canal Authority (ACP).
This Week in Logistics News (January 6 – 12)
Logistics Viewpoints
JANUARY 12, 2024
On Monday, both Hapag-Lloyd and Maersk said they had not entered agreements with Iranian-backed Houthi militants to prevent their ships from being attacked in the Red Sea going forward, denying a report in a trade portal. That increase also was fueled by upward adjustments in the earlier-reported figures for November and October.
October 31, 2023 Update
Freightos
OCTOBER 31, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Transpacific ocean rates ticked up slightly last week with prices level overall since early October. Europe weekly prices climbed 11% to $4.30/kg. Europe – N. America weekly prices increased 4% to $1.78/kg.
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This Week in Logistics News (May 20 – 26)
Logistics Viewpoints
MAY 26, 2023
Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022. Most recently, the tech company filed a joint lawsuit with camera maker Canon against 29 companies who tried to promote, market, and sell camera batteries and chargers on Amazon.
November U.S. Logistics Manager’s Index- Noteworthy Trending
Supply Chain Matters
DECEMBER 6, 2023
The reported November value of 49.4 The reported November value of 49.4 The report authors indicated that this decline was the largest since the start of the ongoing logistics industry downturn that that occurred in April 2022. The report authors context these moves as a return to just-in-time inventory management practices.
Red Sea Ocean Transport Disruption Update
Supply Chain Matters
FEBRUARY 14, 2024
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. Clerc further indicated that Maersk Line would need to be “ absolutely certain the Red Sea waterway was safe before sailing there again.”
Survey Points to Little Signs of Traditional Peak Period Ocean Container Demand
Supply Chain Matters
JUNE 13, 2023
The April report further pointed to some signs of optimism among industry participants for trends to hopefully turn around in the second half of this year. The May report narrative reinforced that that “the negatives seem to outweigh the positives in the logistics industry.”
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Panama Papers Are A Reminder Of Ethical Risks Lurking In The Supply Chain
EcoVadis
APRIL 19, 2016
The mind-boggling number of names and companies ensnared in the Panama Papers scandal leaves many people wondering if they might know or work with any of the entities on the list, and whether it means they are doing anything unethical, or breaking any laws. EcoVadis customers may be wondering if any companies on the Panama Papers list (e.g.
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April 9, 2024 Update
Freightos
APRIL 9, 2024
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Recovery efforts in Baltimore continued to make progress this week. Two weeks post the incident there have been no significant reports of regional road or port congestion as a result of the rerouting.
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Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen
The Logistics of Logistics
NOVEMBER 17, 2023
The ability to use multiple ports of entry is key for shippers because there are unexpected disruptions at ports because Panama Canal issues, labor problems, and shifting regulations at the ports. Shippers must also consider potential labor union issues with both the West Coast and East Coast longshoremen unions.
Logistics Technology Q2 2017 Roundup
Freightos
JULY 5, 2017
Download the full report now. DOWNLOAD REPORT NOW. Meanwhile, US import changes from the expanded Panama Canal will gradually shift some 10% of West Coast imports to the East Coast. . . See all 75+ updates from the last quarter… DOWNLOAD THE FULL FREE REPORT.
Red Sea and Suez Canal Shipping Crisis Update
Freightos
JANUARY 3, 2024
America vessels will also be higher than usual as several carriers had already rerouted some services – that normally transit the Panama Canal on their way to the East Coast – to the Suez to avoid possible Panama Canal drought-driven delays and extra costs. So far there have not been reports of any significant air cargo bump, though.
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This Week in Logistics News (June 15-19, 2015)
Talking Logistics
JUNE 19, 2015
East Coast Ports Could Gain 10 Percent Additional Share Following Panama Canal Expansion. As reported in the Wall Street Journal this week: [Amazon] is developing a mobile application that would, in some cases, pay ordinary people, rather than carriers such as United Parcel Service Inc., FAA expects to clear U.S.
Outlook on the Logistics & Supply Chain Industry 2012
SCM Research
JUNE 28, 2012
The Forum’s Global Agenda Council on Logistics & Supply Chains , which meets virtually and at the annual Summit on the Global Agenda in the United Arab Emirates, has just published its second annual report. Read more about the report in his recent Forum blog post Can we build better supply chains?
Current State of the Capacity Crunch
GlobalTranz
JUNE 13, 2016
Although capacity is tight, especially considering the number of carriers who are prioritizing freight to boost production, reports Roger W. Meanwhile, shippers expect the overall cost of shipments to increase by 1 percent, reports William B. Expansion of the Panama Canal Will Increase Incoming Ocean Freight. Cassidy of JOC.com.
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November 7, 2023 Update
Freightos
NOVEMBER 7, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Ex-Asia ocean rates climbed across the board last week on early-month GRIs and further capacity reductions.
March 19, 2024 Update
Freightos
MARCH 19, 2024
Easing Panama Canal restrictions announced last week – which will increase daily transits to 27 – are also a good sign for transpacific shippers to the East Coast. Europe weekly prices increased 32% to $3.93/kg. Europe – N. America weekly prices increased 3% to $2.15/kg. Still, current rates are around 2.5X Optimistic N.
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Supply Chain Matters News Capsule Follow-Up
Supply Chain Matters
NOVEMBER 14, 2023
This particular update includes reports of additional production worker wage hikes among certain global automakers along with reinforcement data that this year’s holiday seasonal hiring levels are at a ten year low. This report cites data from the U.S. Hyundai Motor America announced this week that the automaker will raise certain U.S.
August 23, 2023 Update
Freightos
AUGUST 23, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Low water levels driving weight restrictions and reductions in daily Panama Canal transits has created a backlog of about 150 ships waiting – some for more than a week – for passage.
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An Update from Sharm El-Sheikh on Decarbonisation of Transport
The Logistics & Supply Chain Management Society
JANUARY 3, 2023
Panama, Uruguay, and Norway joined the Clean Energy Marine Hub Initiative (CEM-Hubs), a public-private partnership endorsed by the International Chamber of Shipping (ICS) to accelerate the production, and trade of low-carbon fuels across the world. COP26 laid critical foundations.
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2024 Predictions for Industry and Global Supply Chains- Prediction One
Supply Chain Matters
JANUARY 3, 2024
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. With the December 2023 report, global PMI levels had remained below the 50.0 and the United Kingdom.
November 15, 2023 Update
Freightos
NOVEMBER 15, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis The latest National Retail Federation US ocean import report shows that peak season extended into September as month on month import volumes climbed 4%.
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December 28, 2023 Update
Freightos
DECEMBER 28, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Widespread carrier diversions away from the Red Sea and Suez Canal to avoid the threat of Houthi attacks are impacting ocean operations for ex-Asia trade to N. Europe weekly prices fell 17% to $3.97/kg
August 29, 2023 Update
Freightos
AUGUST 29, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Though US retail spending has held up even as inflation cools, sales across major retailers have been uneven.
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June 21, 2023 Update
Freightos
JUNE 21, 2023
In the near-term, the West Coast might enjoy an increase in volumes at the expense of alternative destinations as drought-driven low water levels in the Panama Canal are getting worse , with added restrictions announced for July that could significantly reduce the number of daily transits possible via the canal.
Will the New Panama Canal Save the Shipping Industry?
Elementum
AUGUST 22, 2016
The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. While ship transits through the Panama Canal rose 3.7% While ship transits through the Panama Canal rose 3.7% East Coast.
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December 19, 2023 Update
Freightos
DECEMBER 19, 2023
You can access our full report on the Red Sea disruption impact here. Looking toward 2024, reports of robust holiday sales in November in the US points to the continued strength of US consumers, and suggests that importers will enter a restocking cycle after the holidays. Europe weekly prices increased 30% to $4.78/kg. China – N.
July 26, 2023 Update
Freightos
JULY 26, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Labor disputes in logistics had an eventful week and a half. These rate increases come alongside reports of full vessels and even containers getting rolled to later sailings. Europe – N.
Panama Canal Expansion Equals Trade Expansion
APICS
JUNE 24, 2016
According to the American Society of Civil Engineers, the Panama Canal is one of those wonders. Its expansion will open June 26, and The Wall Street Journal reports that this improvement is critical to Western trade in the economic long run. The modern world has its own wonders.
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Where Does Cuba Rank in Logistics?
Talking Logistics
APRIL 15, 2015
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. As reported in Logistics Management earlier this week: The Port of Mariel…may soon become a magnet for Caribbean Basin trade. Source: World Bank. Stay tuned.
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February 13, 2024 Update
Freightos
FEBRUARY 13, 2024
More carriers are resuming Panama Canal transits as conditions there have stabilized and will hopefully improve with the start of the rainy season in May – another factor that should mitigate the Red Sea crisis impact on N. Europe weekly prices increased 13% to $3.51/kg. Europe – N. America weekly prices fell 1% to $2.03/kg.
Everything You Need to Know About El Niño and the Panama Canal Restrictions
Elementum
AUGUST 18, 2015
What’s Happening in Panama? On August 7th, Panama’s government declared a state of emergency due to an extreme drought. The Panama Canal is a hugely important passage for global trade routes. In 2009, the canal reported 299.1 But isn’t Panama Undergoing expansion? feet to 39 feet. What does that mean for shipping?
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This Week in Logistics News (October 9-13, 2017)
Talking Logistics
OCTOBER 13, 2017
The Panama Canal’s Big Bet Is Paying Off (WSJ – sub. Here’s some data reported by DAT Solutions this week: The DAT North American Freight Index achieved record highs in September, with a 9 percent gain compared to August. One Network Delivers New ONE Chain™ Solution.
How Will Climate Change Impact Supply Chains in 2024?
Resilinc
MARCH 5, 2024
According to the Global Drought Snapshot report for 2023 published by the UN Convention to Combat Desertification (UNCCD), data from the past two years shows that drought is one of the most severe problems we face. F), the report projects 120 million people worldwide will experience extreme drought. F) above preindustrial levels.
This Week in Logistics News (July 13-17, 2015)
Talking Logistics
JULY 17, 2015
Cass Freight Index June 2015 Report. Robinson and the Boston Consulting Group published a research report on the potential impact the Panama Canal expansion could have on logistics strategies and operations (watch my conversation with two of the authors in a recent episode of Talking Logistics ). Last month, C.H.
Freight Rate News November 2015
Freightos
NOVEMBER 11, 2015
The types of jobs created by China’s moving toward a consumer economy are harder to measure, so job growth and its knock-on economic growth is under-reported. The ramifications of the restructuring of China’s economy, freight innovation, re-shoring, widening the Panama Canal, and the new super-size ships are all covered.
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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change
Supply Chain Shaman
DECEMBER 30, 2021
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 Increase in Size of Ocean Carriers.
August 9, 2023 Update
Freightos
AUGUST 8, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis August General Rate Increases (GRI) pushed ex-Asia ocean rates up sharply to start the month on a combination of demand rebounds and stricter capacity reductions by carriers. Europe – N.
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How time and money is wasted in the congested sea and airspace
DELMIA Quintiq
AUGUST 30, 2016
Take the example of the crossing of Panama Canal. We have hundreds of monitoring and reporting devices to read the information in real time and make correct decisions in the most appropriate amount of time. Complexities in achieving planning precision. Precision in planning is not given the attention it deserves.
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120 East and West Coast Ports to Battle for U.S. Region After Panama Canal Expansion
CH Robinson Transportfolio
JUNE 21, 2016
Region After Panama Canal Expansion.Transportfolio. Since the Panama Canal is scheduled to open this Sunday, June 26, we wanted to share it with you again. They stand to see the greatest advantage from the Panama Canal expansion. Robinson, Wide Open: How the Panama Canal Expansion is Redrawing the Logistics Map.
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This Week in Logistics News (April 6 – 12)
Logistics Viewpoints
APRIL 12, 2024
Panama on Wednesday unveiled plans for a “dry canal” to move cargo between the Pacific and Atlantic oceans due to low water levels in its century-old maritime channel. Now 27 ships navigate the Panama Canal each day, compared with 39 previously. And now on to this week’s logistics news.
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June 27, 2023 Update
Freightos
JUNE 27, 2023
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis New projections this week reinforce pessimism for much of a peak season rebound in N. Europe prices ( FBX11 Weekly ) fell 4% to $1,266/FEU , and are 88% lower than rates for this week last year.
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