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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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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. Hence our surprise at the findings of the global survey above. .

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

As 2024 begins, two of the world’s most critical ocean transit corridors, the Suez Canal , and the Panama Canal are facing threats of shipping disruption as global geopolitical tensions and terrorist threats escalate. Truck and rail transportation movements across the Mexico and U.S.

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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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Gridlock at US Ports is Reshaping the Supply Chain

RFgen

The recent standoff, coupled with the planned expansion of the Panama Canal – scheduled to complete in 2016 – could potentially divert shipping to different ports, which would impact supply chain stakeholders on the West Coast. Imports alone dropped 28 percent year over year in January, the Wall Street Journal added.