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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

February 2023 saw supply chain struggles continue across Asia and Europe due to dwindling energy supplies, ongoing effects of COVID-19, high inflation, and more. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. Alternative energy sources such as wind and solar energy will take precedence.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. For example, a redundant supply chain may have safety stocks, contingency contracts, multiple sourcing, and diversified networks to ensure the availability and continuity of supply.

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This Week in Logistics News (October 7 – 13)

Logistics Viewpoints

But one source mentioned the unlucky nature of the number “13” is a Norse myth about 12 gods having a dinner party in Valhalla. Daily market prices to move cargo from Asia to the U.S. It’s likely that only the ultra-superstitious have herd of the term, which is a fear of Friday the 13th.

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What’s going on with global supply chains: A primer for the casual consumer

Freightos

A third of all cargo is carried in passenger planes. So to meet capacity, airlines started to convert passenger planes into cargo planes at scale. In the last quarter of 2020, it became clear cargo rates weren’t coming down anytime soon. And it’s not just ocean freight. Credit: Lufthansa ). Enter, a global container shortage.

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

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Automotive News Europe ). In response to the Ukraine invasion, Europe’s wholesale gas price surged by 69%. Image source: Financial Times.

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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

The Associated Press reports, “Canal authorities attributed the drought to the El Niño weather phenomenon and climate change, and warned it was urgent for Panama to seek new water sources for both the canal’s operations and human consumption. In January Panamanian authorities slashed Panama Canal ship crossings by 36%.

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This Week in Logistics News (January 14 – 20)

Logistics Viewpoints

In September 2022, Macy’s rolled out its first-ever wood-sourcing policy for its furniture sales after more than 150 years in business. It requires the use of responsibly sourced wood or recycled or reclaimed materials. Instances of cargo theft increased markedly in 2022, driven in large measure by thieves using fictitious pickups.