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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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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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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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Interoceanic Passages

Abivin

Global Maritime Routes and Chokepoints Maritime routes are a few kilometers wide corridors that connect economic regions and cross land transportation gaps. Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. They form a continuum. Potential for closure or interruption.

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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.

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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.