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Nov 21 2024

English Channel delays could threaten supply over Christmas

New research from Vinturas, a global supply chain collaboration network, has revealed that ‘43% of UK business leaders experienced delays in the English Channel in 2024’, prompting concerns that such delays could impact supply chains over the upcoming peak season.

 

Additionally, 40% claimed that they’d experienced delays in the Suez Canal in 2024, and 33% reported delays in the Panama Canal.

The research, conducted in partnership with Censuswide, surveyed 400 global business leaders with decision-making responsibility for shipping and international logistics.

 

In total, this research suggests that 13% of supply chain shipments have been delayed in 2024 so far. Meanwhile, 70% of UK businesses said they were concerned about regulatory problems or compliance violations in their supply chains.

 

Furthermore, 40% of UK companies said blind spots and inefficiencies in supply chain data have created difficulties predicting demand or inventory levels, while 35% of UK business leaders said the stress of managing external supply chain shocks is a key pain point their business faces when it comes to logistics. Read more

 

Source: LOGISTICS MANAGER