RoadOne IntermodaLogistics’ Post

The Key Bridge disaster in Baltimore will impact the following products: 🔀 Automobiles 🔀 Light Trucks 🔀 Farm Vehicles and Machinery 🔀 Raw Materials 🔀 Cane and beet sugar 🔀 Unwrought Aluminum 🔀 Gypsum It is fair to expect increases in processing fees, container prices, and ground logistics. In the short-term shipments will be rerouted to ports in Georgia, South Carolina, New York, New Jersey and Virginia. How will your business account for delayed deliveries and shortages? What will be the impact on your customer base? Need help❓ 📨 DM me to find out if ERA group is a good fit for your dilemma. #manufacturing #supplychain #logistics #rawmaterial #strategicplanning

The tragedy of the Francis Scott Key bridge collapse in the Port of Baltimore made global headlines. Now, 2 weeks later, we begin to look at the ramifications of this port closure, and how it will impact manufacturing, an industry closely and directly intertwined with the global and domestic supply chains. What industries are going to feel this hurt? How do we avoid future catastrophe like this? Click the link below to read more on this! https://lnkd.in/egR3xu6n

In the wake of the Francis Scott Key Bridge collapse in Baltimore, Siddharth Priyesh, our Vice President and Head of Americas and Caribbean tells IndustryWeek: "With an increase of ground traffic congestion, the U.S. supply chain will experience delays in cargo deliveries and perhaps temporary increased costs for trucking, but only in the short term." Read more: https://lnkd.in/egR3xu6n #GlobalTrade #Logistics #SupplyChain

In addition to the resulting tragic loss of life, the collapse of the Francis Scott Key Bridge in Baltimore is a devastating blow to the United States’ economy and the #criticalmineral supply chain. The Port of Baltimore handles the highest volume of car and light truck shipments in the nation, an industry heavily reliant on critical minerals. We must work together to strengthen and secure strong critical mineral supply chains to mitigate the adverse effects of this disaster, as #mineralsecurity is #nationalsecurity. https://lnkd.in/gWyvxRbv

🚨 Baltimore Bridge - Supply Chain Alert 🚨 With the Francis Scott Key Bridge currently out of commission, we are seeing a ripple effect across the supply chain, particularly impacting operations at the Port of Baltimore, the East Coast's busiest port. Additionally, brace for increased road traffic along the already congested corridor between New York and Washington, DC. Given the area's significance in the automobile and coal import sectors, some disruptions are inevitable. However, we remain hopeful that any long-term effects will be minimal. Notably, the MV Dali, the vessel involved, had previously faced scrutiny in June for propulsion and auxiliary machinery issues, though it was believed these had been resolved. Our thoughts are with the missing individuals and their families during this challenging time. 🙏 #SupplyChain #PortOfBaltimore #FrancisScottKeyBridge #Logistics #Supplychainsolutions

Before Blue Ridge, Integrated Supply Network (ISN) struggled to keep their fill rates high and manage inventory efficiently. Watch this video to see the impressive results ISN achieved with Blue Ridge including a 30% reduction in overstock, a 50% improvement in fill rates, and a 30% boost in service level goals, all while maintaining 100% forecast accuracy! Discover more: https://lnkd.in/e4xqVgvu

The recent collapse of the Francis Scott Key Bridge in Baltimore has sent shockwaves through the already strained US supply chains. The critical port, a major hub for autos, farm equipment, and construction machinery, is currently shut down to maritime traffic. Here's what's expected: ⌛ Short-term Delays: Delays in deliveries of auto components, coal, and other goods that typically flow through Baltimore.  ⚠ Re-routing: Nearby ports are likely to see increased traffic as they absorb the rerouted ships. 💲 Cost Increases Likely: Diverting ships and potential product shortages could lead to higher prices for consumers. We at Pando, mourn the loss of life in the #BaltimoreBridge collapse. As shippers across the US deal with the fallout and impact of this unfortunate event, we are working with our partners to understand possible short-term and long-term impacts on their contracts and help them reroute their shipments to reduce possible delays. We are also assisting our partners in finding relevant spot contracts to help overcome the unavailability of contracted containers. Image courtesy: Reuters

“We should invest far more to dredge our ports and enable them to handle larger ships, build new rail connections, automate port operations and implement container dispatching software to increase the throughput of trucks loading and delivering containers. The failure to do so leaves us weaker and more vulnerable when catastrophe strikes.” While we mourn for the loss of life in the Baltimore bridge collapse, it’s also time to reflect on what we've learned from recent supply chain crises. Ryan Petersen, Flexport Founder and CEO, penned an essay for The New York Times on how strengthening America’s ports will lead to a more resilient infrastructure and economy: https://flx.to/oe

Simply investing “far more” on increasing the capacity of all terminals in the network is not an effective way to minimize vulnerability against catastrophic events; instead, a robust system must be designed while upgrading current terminals and accounting for potential future uncertainties.

The latest data from the New York Federal Reserve shows that global supply chain congestion has grown and is marginally above what would be considered “balanced” Recent events in the Middle East, congestion continuing in the Panama Canal, and risks of port congestion in Europe) are adding to the challenges. Drewry’s World Container Index has risen by 15% to $3,072 per 40ft container through January 11th, the 10-year average is $2,675 Learn more by subscribing to the RedStone ReSource. https://bit.ly/3ovNqKj #inflation #economy #freight #shipping