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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 Cargo volumes through the Suez and Panama canals have plunged by more than a third.

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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. All rights reserved.

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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] … In Panama, the drought is tied partly to the El Niño climate cycle, along with long-term, human-caused climate change. .

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. AI-powered supply chain monitoring helps companies sift through millions of news sources to uncover potential supply chain disruptions as soon as possible—saving managers time and money.

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Red Sea Shipping Disruption- Developments and Indicators

Supply Chain Matters

Business media has further reinforced that at same time, the Panama Canal , which is the globe’s other key transit route, continues to deal with restraining daily transit levels because of low water levels brought about by severe drought. That is in the light of expected excess shipping vessel capacity available in 2024.

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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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Interoceanic Passages

Abivin

In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. The four most significant interoceanic passes in the globe are the Strait of Hormuz, the Strait of Malacca, the Suez Canal, and the Strait of Panama. Potential for closure or interruption. 1200 feet).

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