Canceled sailings increase as container shortage evaporates
Good morning! Ready for National Ice Cream Day? Today is the day. 🍦
“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired and success achieved.” – Helen Keller
Once not so long ago… containers were few and far in between, with the shortage leaving shippers scrambling to get their goods across wide bodies of water like the Pacific Ocean. Now, an impending economic slowdown is forcing more and more sailings to be canceled.
Check out today’s featured article from More Than Shipping to read about the increasing number of shipping containers as consumer demand slows to a crawl compared to pandemic-driven years. ☕️
Featured Article:
Abundance of Shipping Containers Increases Blank Sails | More Than Shipping
“While a shortage of shipping containers, yes, the physical containers themselves, was a major issue during the COVID-19 pandemic, the industry now faces a new problem. Too many shipping containers.”
Trade & Border Issues - Regulations ⚖️
Trump-era steel tariffs violate global trade rules, says WTO
The World Trade Organization (WTO)’s recent ruling has condemned Trump-era tariffs on steel and aluminum, calling it a violation of global trade rules. The United States has responded to the WTO’s ruling, saying that they “strongly reject” the finding and have no plans of removing the tariffs - according to assistant U.S. trade representative Adam Hodge.
Let’s Get Global 🌎
Antibiotics GIF By NETFLIX via GIPHY
💊 The EU is dealing with an antibiotic shortage. New healthcare supply-chain concerns are rapidly spreading across Europe, reporting shortages of amoxicillin, cephalosporins, and other regularly used antibiotics. China’s strict COVID restrictions combined with the continent’s inflated energy costs are holding up delivery to the EU, and concerning citizens in the midst of cold winter months.
💰 Latin America’s logistics future is in the works. After the pandemic, the area has struggled - like others - to emerge unscathed. Mexico is leading the charge - its trade and logistics development skyrocketing as many manufacturing operations get moved to the country from China.
iLevel With You
More topics for the average American household to consider…
🍅 Kraft Heinz welcomes new North American chief procurement officer Janelle Orozco. Formerly the CPO for Diageo, Orozco got her start in the industry twenty years previous as an ingredients buyer. Orozco will be working closely with Carlos Abrams-Rivera, president of the North America zone at Heinz, and Kraft Heinz’s global CPO, Marcos Eloi.
🏷️ Big Lots is slashing over a thousand SKUs. President and CEO Bruce Thorn of Big Lots announced the move within the company’s business strategy of looking for new procurement opportunities and focusing on lowering customer prices.
📦 According to ShipMatrix, timely holiday deliveries are back to pre-pandemic levels. After years of pandemic-related pitfalls when it comes to getting deliveries to their intended destination on time, ShipMatrix - a subsidiary of Pittsburgh-based SJ Consulting - is saying that delivery services are back on track. Approximately 85 million parcels are being delivered on time each day.
GET SMART
Ramp up that brain power for these advanced topics…
💊 Global freight forwarder Nippon Express is partnering with U.S.-based 3PL MD Logistics to enhance the pharmaceutical supply chain. Operating with state-of-the-art facilities, the pharmaceutical supply chain can advance with a global network and provide citizens with the care they need.
🚢 Maritime carbon emissions are on the decline. The International Association of Ports and Harbors (IAPH) encourages phasing out CO2 emissions from the shipping industry by 2050.
💻 Microsoft and Amazon are shaking up the supply chain software market. Last week, Amazon’s AWS web services unit unveiled its new-age supply chain planning solution. Microsoft also announced its Supply Chain Platform and low-code software.
Business Strategy 💡
Supply Chain Planning Solutions are Not Just for the Big Boys | Logistics Viewpoints
Logistics Viewpoints contributor Steve Banker writes about Myers Industries Vice President of Shared Services Jeff Baker.
Industry Forecast 📊
Supply Chain by the Numbers for Dec. 8, 2022 | Supply Chain Digest
SC Digest writes about the United States’ new industrialization of robotics, the new Tesla Semi hitting the road, and declining ocean container shipping rates.
Supply Chain of the Future Will Use Intelligent Enterprise Mode | MHL News
MH&L Staff writes about the future of AI in the supply chain.
Network Association 🤝
Merger and Acquisition Momentum: 2022 Top 20 Warehouses | Logistics Management
Logistics Management Editor Bridget McCrea writes about the growing number of acquisitions and mergers in the logistics industry as we roll into 2023.
Leadership 🏆
Maersk CEO Soren Skou retires, hands the baton to Vincent Clerc | AJOT
An AJOT contributor writes about Maersk's CEO transition to Vincent Clerc, former CEO of the company’s Ocean & Logistics business.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.