Panama Canal situation may trigger wider supply chain issues
Following the driest year and October on record, the Panama Canal Authority (ACP) has been steadily cutting daily vessel transit numbers and draught levels across the canal, with some restrictions possibly staying in force until 2028, with wider supply chain ramifications.
With each transit of...
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Air cargo delays and ocean carriers announce Israel war risk surcharge
While sea freight traffic is largely operating without significant issues, the conflict in Israel is impacting airfreight to the country and the surrounding region, with many carriers’ services subject to cancellation and delay.
Many airlines have suspended direct flights to and from Israel,...
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Carriers blank Golden Week sailings
The cancellation of multiple October sailings from Asia to Europe is an attempt by the carriers to push capacity down and raise rates, but if they fail, they may not have another opportunity to significantly raise prices before Chinese New Year, next February.
Container shipping lines ac...
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Risk of Panama Canal disruption rising
Unpredictable weather patterns and drought for most of 2023 have driven the Panama Canal Authority to impose numerous draft restrictions, reducing vessel transit numbers, and cutting vessel booking slots for lock usage, due to low water levels.
The Panama Canal consists of the man-made lakes o...
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The shipper’s new normal
The rapidity of the collapse in air and sea freight rates has given carriers the same level of trauma and shock experienced by shippers when freight rates exploded in 2021 and while the turnabout in the market was anticipated, its intensity and extent is far greater than expected, with ship...
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Supercharging supply chains for growth
The pandemic laid bare the critical importance of supply chains and executives tasked with managing them are much more significant figures in their businesses, as continuing success is highly dependent on improving supply chains.
For too many businesses the gap between supply chain planning, a...
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Automotive trends – We are in lockstep
In a sign of the growing strategic significance of supply chain management for carmakers, two major manufacturers have appointed chief supply chain officers (CSCO) this month. Their appointments come after the industry has battled disruption to production and supply chains, shortages in semicondu...
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Visibility in the food supply chain
For many importers, the underlying problem that prevented them from pivoting their supply chain as the pandemic’s impact became more pervasive was lack of visibility and control upstream.
The food supply chain has stabilised since the pandemic, but new macro events continue to create d...
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Low speed containerships are propping up rates
Last year the shipping analyst Drewry’s forecast that the container shipping lines earnings would be down 64% for 2023, but added that there were strategic choices available to the carriers, to protect their revenues, with slow steaming a proven method of removing capacity, to protect rates and...
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Nhava Sheva congestion may last till November
The port of Nhava Sheva, is the second largest container port in India and repairs and replacement of gantry cranes are reducing terminal capacity by 50%, which is expected to possibly last until October or November.
Container traffic through India's Nhava Sheva Port (JNPT) is facing bottlenec...
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Supply chains returning to just-in-time focus
The Chartered Institute of Procurement & Supply’s (CIPS) Procurement Futures conference brought together the most influential procurement professionals to figure out how to make supply chains more resilient, as buyers consider returning to just-in-time strategies, as port congestion eases.
...
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US West Coast volumes drift to South and Southeastern ports
Negotiations between the International Longshore and Warehouse Union (ILWU) and West Coast port employers, represented by the Pacific Maritime Association (PMA) began last May and while talks continue, both are hopeful of reaching a deal soon, as US importers continue to divert cargo to Eastern a...
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