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Supply Chain & Logistics News Round Up (September 23rd-27th)

Logistics Viewpoints

2024 Typhoon Season has Caused Billions in Agricultural Losses This year’s typhoon season has been particularly disruptive, severely affecting port operations and shipping across the western Pacific, with significant storms such as Gaemi, Ampil, Shanshan, Yagi, and Bebinka impacting Taiwan, China, Japan, Vietnam, and the Philippines.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

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Delta outbreaks spur supply chain woes

Resilinc

Most impacted are Asian exporters such as China, Vietnam, and Malaysia where rigorous policies to contain any COVID-19 outbreaks are leading to factory and port shutdowns. Outbreaks in Vietnam and other Asian countries are being met with strict quarantine and distancing policies to prevent the infections spreading.

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Holiday shopping has started early amid fears over shipping delays

Ware2Go

When products are available, shipping has gotten choked up due to historically heightened demand , COVID-related port shutdowns and storm-created chaos. Seventy-three cargo ships await unloading at the ports of Los Angeles and Long Beach on Saturday, a record. Port closures and shipping container shortages.

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Hanjin Bankruptcy Demonstrates Fragility of Ocean Freight Market Prior to “Black November”

NC State SCRC

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! bankruptcy code. Sherwood of the U.S. Bankruptcy Court in Newark, N.J.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations. It takes time to turn a moving ship around, though, so this will not happen immediately.

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Overcoming the 5 Supply Chain Barriers that Threaten the Growth of Renewable Energy

CH Robinson Transportfolio

That includes anticipating every possible contingency to mitigate disruptions in shipping. Unpredictability in shipping. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia. The majority of solar equipment manufacturers are in China, Vietnam, Thailand, and Malaysia.