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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain. Discover the top geopolitical risks set to affect the global supply chain this year. Tom notes, “The U.S.

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The Top 5 Supply Chain Megatrends of 2024

Resilinc

Dive into the top supply chain trends of 2024. Geopolitics This year, three major geopolitical conflicts impacted the global supply chain: the Russia-Ukraine war, China-Taiwan tensions, and the Israel-Hamas war. Don’t wait for a cyber attack to happen in 2024.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

From Russia in the Black Sea to Iran-backed Houthi rebels in the Red Sea new security risks have emerged. After the Cold War, Russia teamed up with the U.S. 2] Drew Hinshaw and Daniel Michaels, “ On the High Seas, a Pillar of Global Trade Is Under Attack ,” The Wall Street Journal, 1 February 2024. [3]

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Interest in Canadian commodities demonstrates how the war in Ukraine is affecting global trade flow: Producers of Canadian oil and natural gas could raise production by 300,000 barrels a day, while Cameco (the country’s largest producer of uranium) has announced increased output at a northern Saskatchewan mine by 10 million pounds by 2024.

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This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs. manufacturers re-evaluating their reliance on China. and raided the Beijing offices of Mintz Group, a due-diligence firm based in New York.

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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. to $78.64, while US oil rose 2.8%

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The sub-text of this report is that much of the cargo that has been planned for either back-to-school, fall, and holiday related fulfillment is either in-transit or mostly already arrived at warehouses. The report’s cited data from the Freightos Baltic Index indicates that shipment of a 40-foot container from China to the U.S.

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