OPERATIONS UPDATE: TUESDAY, JULY 9, 2024 Port of Houston - All terminals closed for storm recovery. Port will update at 4:00 PM Central. Class 1 Railroads - Inland intermodal facility closed. As conditions improve, engineering teams are conducting track inspections in areas that are safely accessible and are prepared to [...]
Week 27 brings tidings of good news from the Panama Canal though tight capacity and port congestion in Asia continues to plague the global supply chain. PANAMA CANAL DRAFT RESTRICTIONS MODIFIED Earlier this month, the Panama Canal Authority announced a significant change: they will be increasing the number of [...]
PANAMA CANAL NEARING NORMAL LEVELS AND INCREASING TRANSIT VOLUME After months of low water levels due to a historic drought, the Panama Canal’s freshwater reservoirs are approaching normal levels as summer begins. The drought, starting in mid-2023, reduced water levels in Gatun Lake, forcing the Panama Canal Authority (APC) to [...]
GLOBAL SUPPLY CHAIN NEWS: WEEK 26 Including capacity constraints, labor unrest, and the Port of Baltimore reopening following the Francis Scott Key Bridge collapse in March. TIGHT CAPACITY AND PORT CONGESTION The Red Sea crisis and container shortages continue to impact capacity. Vessel diversions around the Cape of Good [...]
In Week 25, we continue to see capacity constraints, labor unrest, and equipment shortages strain the global supply chain. Building supply chain resistance into your logistics program will help mitigate or minimize shipping delays and inventory shortages. GLOBAL SUPPLY CHAIN NEWS: WEEK 25 LABOR UNREST: CANADA WEST COAST, U.S. [...]
Demand for air cargo surged in Asia, the Middle East, and India. The volume spike began in May 2024 driven by the ongoing disruptions in global container shipping. As shippers find it increasingly difficult to secure space on container vessels, they turn to air cargo freight solutions. VOLUMES TRENDING UP [...]
The Port of Nevada officially opened this month. Its first container was received on June 3rd. Located in Fernley, 30 minutes east of Reno, the 224-acre inland port handles imports and exports between northern Nevada and the Port of Oakland. The President of the Port of Nevada, Stuart Lichter, emphasized [...]
Capacity constraints, labor unrest, and potential labor unrest pose challenges to the global supply chain as we move through Week 24. LABOR UNREST: CANADA WEST COAST, U.S. EAST & GULF COASTS In the U.S., the International Longshormen’s Association (ILA) suspended labor talks with the United States Maritime Alliance (USMX). [...]
The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) are currently entrenched in contract negotiations revolving around the coast-wide Master Contract. The ILA is the largest union of maritime workers in North America, representing 85,000 longshore workers along the East Coast, Gulf Coast, Puerto Rico, Great Lakes, and [...]
Manzanillo and Lazaro Cardenas, two Mexican ports, saw significant increases in cargo last year, which suggests that Asia's inputs are driving up export production for the U.S. and other markets. Both ports also moved up in the rankings of the busiest North American gateways based on laden volumes. MEXICAN PORTS RISE [...]
