Articles

Global Logistics

Aircraft Shortage: The Plane Truth

Aircraft Shortage: The Plane Truth

Expected aircraft engine shortages will have a substantial impact on the global supply chain’s cargo capacity and more. Fewer available aircrafts, combined with growing demand for air cargo services, could lead to a surge in freight rates, significantly affecting businesses reliant on air for time-sensitive or high-value goods.

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Panama Canal: Drought, Shipping, and the Supply Chain

Panama Canal: Drought, Shipping, and the Supply Chain

The past few months have been unusually dry across Panama and there is no sign of improvement over the next few weeks, let alone the rest of the spring season. In 2022, nearly 15,000 vessels with 520 million tons of cargo passed through the channel.

This year, there’s simply not enough water – leading to vessel restrictions and ultimately fewer goods able to travel through this area that normally moves about 6% of global maritime trade. Everstream Analytics’ Chief Meteorologist Jon Davis reveals how low rain levels at the Panama Canal are set to impact supply chains.

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South of the Border Imports Boom

Driven by demand for boats, vehicles, vehicle parts, computer parts, and oil, Mexican imports to the United States rose 19.5% year-over-year in 2022 to reach $479.6 billion according to Mexico’s ​​National Institute of Statistics, Geography, and Informatics. Some segments, such as motor vehicle parts, are returning to pre-pandemic levels. Additionally, data from project44 shows that […]

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Business as Unusual

Business as Unusual

A new IBM survey of 1,500 chief supply chain officers (CSCOs) reveals that supply chain leaders have accepted their fate: Business will continue to be anything but typical for the immediate future. The main focus for CSCOs now is to prepare for what happens next.

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