Maersk Latin America market update (August 2022)

Topics and trends

The COVID-19 pandemic makes more evident to businesses and companies the importance of having control over their supply chain and how increasing their digital footprint is an unavoidable step. but what does it mean to digitally transform your logistics? During this topic of the month, we will share additional light on a recurrent talking point in many articles and news. Digital transformation.

Some advantages of a digital supply chain:

• Reduce manual tasks, allowing automation and reducing human error, freeing up time for other tasks needed.
• Speeds up the process, as automated invoicing for example.
• Single source of information, by keeping the data organized and in one place, reducing time and different systems.
• Analyze massive amounts of data and reduce the time to take decisions.
• Incorporate real-time information and the best combination of suppliers.
• Improve quality and compliance by diversifying suppliers, the digitalized process gives visibility and compares counterparts.

Nowadays, technology is a helpful tool to facilitate, not to complicate. Logistic stakeholders are using digitalization as an opportunity to potentialize their processes and to improve trust, transparency, and teamwork as the path to becoming more agile to the recent changes in the market.

The importance of having more visibility in your supply chain

In the past two years, with the pandemic and so many disruptions in ports and the supply chain in general, visibility has been something crucial Logistic professionals need to have visibility to run their business and be able to shift their gears at an opportune time.

Having more visibility means understanding the changing supply chain. Where products and parts are coming from and the main factors affecting and influencing the price or the available stock or certain products, for example.

How can you improve your digital tools with Maersk solutions

In these times, companies are looking to impulse their partnerships with logistic providers to support them in digitalizing and innovate in their processes to achieve an end-to-end visibility in real time Some important aspects to look at are to take control and leverage their environment, reduce manual work, and monitor and improve performance.

In the next link, you can find “How FMCG companies benefit from supply chain visibility” (Insights Digitalisation) by partnering with Maersk and creating value for their industry.

Ocean Updates

• In North America, West Coast the situation has not much changed with very high experienced waiting time. Oakland and Los Angeles are the critical ports with experienced waiting time up to 16 days. For the Canadian ports, Vancouver remains deteriorating and waiting time experienced can be up to 55 days.

• Flights from Mexico to Brazil overdemand, we need to block space at least one week in advance.
• Additional flights from Mexico to N.E & S.E Asia

Caribbean Area

• Space Limitations & Backlog out of Nicaragua and Honduras to US. - Due to freighter cancellations in Nicaragua and Honduras, space is limited and need to be blocked in advance, preferable as priority cargo. Airlines expect to have more regular frequencies by the end of August.
• Flights from Mexico to Brazil overdemand, we need to block space at least one week in advance.
• Additional flights from Mexico to Northeast & Southeast Asia.

Highlights