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Demo Perez and Joe Lynch discuss Panama: the logistics engine of Latin America. Demo is a Founding Partner and Chief Commercial Officer of IPL Group , a Panama based 3PL that helps companies expand their business into the Latin American market by simplifying order fulfillment and regional distribution.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. Background on Ocean Transport. The supplychain can handle cost increases more easily than variability.
Increasing concerns over mass supplychain disruptions. Its a rollercoaster for logistics and supplychain leaders operating in global markets. Businesses are facing greater volatility as tariff changes wreak havoc on supplychains, operational costs, and overall profitability. Extreme tariff volatility.
If Logistics Services Providers (LSPs) and shippers thought 2024 was going to be smooth sailing, the dual impact of the ongoing Panama Canal congestion and Red Sea shipping attacks has been a rude awakening with severe delays in container transportation, higher costs of ocean freight, and unpredictable departure and arrival times.
Byron is the Founder and CEO of Zergratran , an innovative and sustainable high-capacity transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific. The Panama Canal bottleneck is causing supplychain disruptions worldwide and constraining global trade.
Energy, industry, transport, buildings, agriculture and land use are among the main sectors causing greenhouse gases. While the impact on planet Earth is evident, and companies and countries are making strides to reduce emissions, climate change is also wreaking havoc on global supplychains.
A wave of chaos followed that turned the supplychain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supplychain 1. Or the Panama Canal drought, which forced authorities to cancel ship crossings by 36%, costing between $500 million and $700 million.
The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. and Israeli startups focused on logistics, the supplychain and customer fulfillment. and Israeli startups focused on logistics, the supplychain and customer fulfillment.
DHL Group does not operate ships but it uses them to transport containers. A drought in Panama significantly reduced transits of larger Neopanamax-class container ships in November and December, with transit constraints intensifying last month. Walmart unleashes ‘largest drone delivery footprint of any U.S. percent year on year.
I seethed as the news stations celebrated supplychain success for the December holidays. The health of the supplychain underpins our economy. When the supplychain is sick, all industries suffer. Background on Ocean Transport. The supplychain can handle cost increases more easily than variability.
Rob Painter is President and CEO of Trimble , a global technology company that provides hardware, software, and services to improve efficiency and productivity in industries like construction, agriculture, and transportation. Platform Science is creating the future of transportation technology. Jack retired as a Commander in the U.S.
The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supplychains and shut factories. The Port of Kahului is fully operational, and interisland freight and transport company Young Brothers noted in an Aug.
Elenjickal noted that over the last 36 months, supplychains have become more complex than ever before. This leads supplychains to continue to operate in silos, rather than in a connected manner. As a result, supplychains continue to be wasteful when looking at time, inefficiencies, and emissions.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
(NYSE: ETWO), the connected supplychain SaaS platform with the largest multi-enterprise network, has published the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments.
This blog was co-written by Chirag Modi , Corporate Vice President, Industry Strategy – SupplyChain Execution and 3PL Global Lead, and Jen McQuiston , Product Marketing Director. Under normal operating conditions, the Panama Canal handles 36 to 38 ships per day. How desperate are shippers becoming?
Read more The post Above the Fold: SupplyChain Logistics News (September 15, 2023) appeared first on Talking Logistics with Adrian Gonzalez. I’ll be leading a panel discussion on “Automation, Real-time Insights, and Collaboration” with various industry leaders.
Read more The post Above the Fold: SupplyChain Logistics News (March 15, 2024) appeared first on Talking Logistics with Adrian Gonzalez. Those messages have been a source of strength and inspiration for me during my recovery. Thank you for thinking of me and reaching out.
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?
Navigate the top climate change issues set to impact the supplychain in 2024. As temperatures continue to rise, the intersection of climate change and supplychain resilience demands increased attention from businesses worldwide. In April, the Panama Canal Authority will reevaluate water levels.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Supplychain teams benefitted from such actions.
Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.
store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains. Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S.
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?
An Update from Sharm El-Sheikh on Decarbonisation of Transport. Transportation accounts for 17 percent of global greenhouse gases (GHG) and 20 percent of global carbon dioxide (CO2) emissions. Unlike in Glasgow, there was no dedicated transport day, nor a transport pavilion in Sharm El-Sheikh.
Distributing product in Brazil involves endless transportation choices. When shipping product into a country as large and complex as Brazil, the choice of transportation routes has a critical impact on supplychain costs. A new model helps shippers to choose the best routes. Pictured is the Port of Santos, Brazil.
billion Panama Canal expansion project was completed. This time last year, the $5.25 The canal reopened with a new set of locks on both the Atlantic and Pacific sides for ships to easily flow through the canal without risk of delay due to accident or various water levels. During the expansion, there was also an. Read More.
In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. This led to an environment that had much more supply than demand. This has been a priority of shippers for a long time in order to optimize their supplychains.
Find the Money – How a Transportation Spend Diagram Can Help. Guess Who Announced New Transportation Management Software (TMS) Functionality Yesterday. Design Your Business to Thrive: Four Components of a Smart SupplyChain Modeling Platform. Getting to the Core of SupplyChain Execution Convergence (1,240 views).
I’m on borrowed time this morning, so let’s go straight to the supplychain and logistics news that caught my attention this week: DAT Freight Index Hits All-Time High in September. One Network Delivers New ONE Chain™ Solution. The Panama Canal’s Big Bet Is Paying Off (WSJ – sub. There were 6.6
New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC. When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). A transportation management system (TMS) can help shippers weigh the pros and cons of each option. Triad of factors.
Putting production and labor costs overseas aside, transportation becomes the prime target to help drive down costs. The fact remains that supplychains have many working parts. The expanded Panama Canal is expected to officially open this June. After all, when we save a few dollars here and there, it starts to add up.
The 50-mile span of the Panama Canal connects the Pacific and Atlantic oceans, which has shortened shipping duration between countries and continents 1. Since its opening in 1914, the canal has undergone many improvements, ranging from installation of mooring systems to the upgrading of the canal’s navigation and vessel tracking system.
It’s the last Friday of school and my kids are showing off their work this morning, so as I fill my coffee mug and get ready for the walk to school, let’s go straight to the supplychain and logistics news that caught my attention this week: Amazon’s Next Delivery Drone: You (WSJ – sub. The $50 Billion Question: Can Uber Deliver?
As we enter the last month of 2021, it’s clear from the long list of news items below that there will be no intermission in this supplychain show. Read more Above the Fold: SupplyChain Logistics News (December 3, 2021). And just when.
An Expanded Panama Canal Takes Logistics into Uncharted Waters.Connect. Since the Panama Canal opened this past Sunday, we wanted to share it with you again. The arrival of the Benjamin Franklin offers a glimpse of a major change in supplychain management in 2016. East and West Coast ports.
The 30 th SCRC meeting kicked off today with a theme on “Transportation Strategy in an Infrastructure Constrained Environment”. This is a theme that was discussed a year ago at a conference in DC on Transportation Infrastructure, over coffee with William Lucas from Caterpillar. It is also happening at border crossings such as Mexico.
The arrival of the Benjamin Franklin offers a glimpse of a major change in supplychain management in 2016. The enlargement of the Panama Canal is scheduled for completion this year, enabling mammoth-sized container vessels to transit the waterway. These big ships are expected to alter the distribution of cargo between U.S.
Working together, the team has established a common platform, based on Transportation Management and Warehouse Management solutions from Blue Yonder, as well as standardized and automated processes across the company’s enormous logistics footprint. We can quickly look at scenarios and execute the right action.
Panama Canal Expansion. The Panama Canal expansion, slated for completion this spring, will impact logistics in a big way. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group.
The SupplyChain Matters blog provides an updated news capsule follow-up relative to supplychain management and industry developments that we have shared previously on this blog. container traffic travels through the Panama Canal every year. This was because of the low water levels in the staging basin area.
The numbers speak for themselves: 34 episodes produced in 2015, totaling more than 56,800 views and 1,360+ minutes of conversations with thought leaders and newsmakers in the supplychain and logistics industry. From Project to Continuous Business Process: The Evolution of SupplyChain Design (4,159 views). Top 10 Posts.
SupplyChain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management. To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. Netherlands Antilles. New Caledonia.
SupplyChain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels.
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