Check Call: The hope of 2024 dashed

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Return to normalcy – a phrase that has been uttered repeatedly for the better part of six months. Everyone wants to know when supply chains will return to normal. 2024 was expected to be that year. A new report by the Association for Supply Chain Management and KPMG has found that despite tremendous improvements in the global supply chain community, 2024 might not be the year we return to that elusive pre-pandemic normalcy.

According to the KPMG Supply Chain Stability Index, the...

https://www.freightwaves.com/news/check-call-the-hope-of-2024-dashed

Panama Canal’s future is dark and stormy, much to shippers’ relief

The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks.

Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25, the ACP allotted three additional transit slots to Panamax vessels, bringing the total number of reservations to 27 per day.

Water levels at Gatun Lake are currently at the low end of...

https://www.freightwaves.com/news/panama-canals-future-is-dark-and-stormy-much-to-shippers-relief

Maersk’s OC1 service returns to Panama Canal

Maersk has decided to reinstate the Panama Canal transit on its OC1 service, effective from 10 May, as the rainy season approaches and the Panama Canal Authority recently introduced additional transit slots per day.

The service will return to its pre-existing rotation that was in place prior to the current “two-loop” setup established with the Panama Rail connection, which will be phased out by the end of May.

OC1 current rotation (current two-loop set up):

  • 063 Service: Balboa (Panama) > Tauranga...

https://container-news.com/maersks-oc1-service-returns-to-panama-canal/

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