Remove Baltimore Remove Cargo Remove Manufacturing Procurement
article thumbnail

Allianz Safety and Shipping Review- The Good and Not Good

Supply Chain Matters

Reportedly, cargo ships accounted for over 60 percent of vessels lost in 2023. The incident of the container ship Dali striking and destroying the Francis Scott Key spanning the Port of Baltimore falls within two of these categories. This amounts to 26 large ships lost worldwide during 2023, compared to 41 in the year earlier period.

article thumbnail

When the Heavy Hand of Government is Not a Burden

MIT Supply Chain

One manifestation of this problem is that multiple ports on the east coast are deepening their approach channels in order to attract bigger cargo ships. What is to stop individuals from using other gateways in the region such as Baltimore or Washington DC to enter the country? The situation is exacerbated by local stockpiling.

article thumbnail

This Week in Logistics News (March 27 – April 3)

Logistics Viewpoints

Workers at a plant in Baltimore manufacturing two coronavirus vaccines accidentally conflated the ingredients several weeks ago, which has contaminated up to 15 million doses of the vaccine. For example, asset-based carrier Cargo Transporters ran across-the-board pay raises but were still having trouble attracting drivers.