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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

According to its annual survey, the National Retail Federation (NRF) indicates that consumers plan to spend a record $7.2 According to its annual survey, the National Retail Federation (NRF) indicates that consumers plan to spend a record $7.2 The tolls that ships pay are now around eight times more expensive than normal.

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Survey Points to Little Signs of Traditional Peak Period Ocean Container Demand

Supply Chain Matters

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. This survey was conducted in May among participants in the global freight forwarding community.

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Red Sea Shipping Disruption- Developments and Indicators

Supply Chain Matters

The Supply Chain Matters blog provides readers with a further update on the ongoing Red Sea shipping disruption including added context and implications. Background Just before the Christmas holiday, Supply Chain Matters alerted our readers to rather troubling signs for another global-wide shipping disruption.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

Geological Survey agrees that droughts are a major problem stating, “Climate change has further altered the natural pattern of droughts, making them more frequent, longer, and more severe.” For now, the Panama Canal has eased until April 2024 —allowing 24 vessels to pass through per day. In 2023, global temperatures rose 1.18°C

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Trends 2024: Risk Management

Enterra Insights

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[5] ”[5] He adds, “Most major shipping firms are avoiding the Red Sea entirely and re-routing around the Cape of Good Hope.

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Interoceanic Passages

Abivin

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.

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The Top 5 Supply Chain Megatrends of 2024

Resilinc

Geological Survey, “Climate change has further altered the natural pattern of droughts, making them more frequent, longer, and more severe.” Currently, the Panama Canal, one of the world’s most important waterways, faces one of the driest years in over 140 years. According to the U.S.