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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. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

Contrary to general opinion, the causes of the supply chain disruptions currently being experienced worldwide were prevalent long before the Covid-19 pandemic. . Get SYSPRO ERP for Supply Chain Management. The post What are the true causes of ongoing supply chain disruptions?

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The Zergratran Story with Byron Bennett

The Logistics of Logistics

In the podcast interview, Joe and Byron discuss Zergratran’s first project, a cheaper, faster, and cleaner alternative to the Panama Canal. The Panama Canal is critically important to world trade and unfortunately container ships are currently waiting 12 days to cross the canal.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

and Israeli startups focused on logistics, the supply chain and customer fulfillment. 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. And now on to this week’s logistics news.

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10 Disruptive Issues in the Supply Chain

American Global Logistics

Specifically, we covered the threats, impacts, and mitigation strategies disrupting supply chains. Enduring Drought Disrupts Panama Canal Navigation The Panama Canal is a vital shipping route that connects the Atlantic and Pacific Oceans. The disruption and congestion is due to a number of factors.

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Climate Change and the Supply Chain

Logistics Viewpoints

All of these events can also lead to massive supply chain disruptions, and often times there is little to no warning before an event happens. This includes deep freezes in southern parts of the US, more named storms during hurricane season, and extreme heat around the world.

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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.” Spot rates are at pre-pandemic levels in most trades, and contract rates are sliding.

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