article thumbnail

Impact of the Chinese New Year, Panama Canal & Red Sea on Global Shipping

IT Supply Chain

By Roy Bridgland (pictured) Senior Industries Director at Blue Yonder The post Impact of the Chinese New Year, Panama Canal & Red Sea on Global Shipping appeared first on IT Supply Chain.

Panama 98
article thumbnail

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

Resilinc

What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. Some ships were delayed by as much as 21 days. How long will the Panama Canal drought last?

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

This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. Cargo volumes through the Suez and Panama canals have plunged by more than a third.

article thumbnail

High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. As a result, maritime shipping lies at the very heart of the global logistical system. In this concluding article, I want to discuss how climate change risks are adding to challenges faced by shipping firms and their clients.

Panama 130
article thumbnail

7 Reasons Panama is the Latin American Supply Chain Capital with Demo Perez

The Logistics of Logistics

00:51] Tell us about yourself and what you do in Panama. I was born and raised in Panama and manage a 3PL. My main role is to promote the hub that Panama offers to the world. [02:19] 03:52] You’re the General Manager of Logistics Services Panama. Panama is becoming more interesting, and not only for the US. [10:40]

Panama 193
article thumbnail

This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

Amazon shipped last-minute Christmas gifts faster in 2023 than in 2022, according to data from analyst firm Momentum Commerce. products on the platform warned it would ship after Christmas. products on the platform warned it would ship after Christmas. DHL Group does not operate ships but it uses them to transport containers.

article thumbnail

This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast.