Supply Chain Matters

JUNE 7, 2023

In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4 The current forecast for 2024 growth is 0.8 That statement portends stubbornly high interest rates will likely extend into 2024. percent, down from the January estimate of 2.7 percent in 2023, compared to 4.1 percent in 2022.

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Forecasting Global Scenario Planning Supply Chain Planning 52

Resilinc

DECEMBER 21, 2023

In this blog, we will look at the supply chain and logistics impact of the Red Sea ship attacks and discuss what businesses can do now to preserve supply chain resilience. Hapag-Lloyd: Shipping and container transportation company. Mediterranean Shipping Company (MSC): A global shipping and logistics company.

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Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

Enterra Insights

FEBRUARY 22, 2024

As a result, maritime shipping lies at the very heart of the global logistical system. According to Panama Canal Administrator Ricaurte Vásquez , “Dipping water levels could cost them between $500 million and $700 million in 2024, compared to previous estimates of $200 million.”[3] ” How bad have things become?

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Supply Chain Matters

JANUARY 5, 2024

None the less, Maersk , along with three other container lines have made the decision to temporarily discontinue Red Sea transits and again seek transits around Africa by the Cape of Good Hope , added days to shipment and estimated arrival times. That is in the light of expected excess shipping vessel capacity available in 2024.

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Shipping Panama Los Angeles Cost Reduction Strategies 52

Supply Chain Matters

APRIL 12, 2022

MSC Acquires Bollore’s Africa Logistics Unit. Closely held Geneva, Switzerland based global ocean container shipping firm MSC Mediterranean Shipping has reportedly agreed to acquire the African transport and logistics business of Bollore SA for a reported 5.7 The logistics business unit reportedly generated revenues of 2.1

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Supply Chain Planning Software Supply Chain Software Pharmaceutical Supply Chain Planning 52

Logistics Viewpoints

JANUARY 5, 2024

Later this month the nominees will be announced for the 2024 Oscars. And now on to this week’s logistics news. It has forced ships to reroute around the southern tip of Africa, driving up the cost for vessels for the longer voyage, though rates are still far below pandemic levels reached in 2021.

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Logistics Network Optimization Software Logistics California India 221

Supply Chain Matters

DECEMBER 20, 2023

As a consequence, the top three container shipping lines, Maersk Line, CMA CGM , Hapag Lloyd , announced their intent to begin routing ships toward the Cape of Good Hope in southern Africa avoiding the Suez Canal. Reportedly, forty percent of all U.S. container traffic travels through the Panama Canal every year.

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Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.

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Sustainability Manufacturing Procurement Trends North America 40