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National Maritime Day 2024: America Still Depends on Ocean Trade

Enterra Insights

Just to start with the most basic point about it, sea trade has been the largest carrier of cargo in the history of the world. In fact, even the land-bound parts of the Silk Road didn’t see as much cargo and trade-goods moving along it as the oceans and seas have.” In 2020, waterborne shipping carried more tonnage (nearly 1.5

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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.

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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

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 After the Cold War, Russia teamed up with the U.S. patrol the Horn of Africa.

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

Resilinc

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Accenture ). McKinsey ).

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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. Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Walmart SWW currently offers FedEx and USPS shipping.