Remove 2021 Remove Cargo Remove Procurement Analytics Remove Russia
article thumbnail

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. manufacturers re-evaluating their reliance on China.

article thumbnail

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week in Logistics News (February 26 – March 4)

Logistics Viewpoints

Maersk said Tuesday it was halting bookings in light of the sanctions imposed on Russia, including congestion being caused by customs authorities inspecting cargo bound for the country and changing credit terms impacting its customers. Maersk and MSC said they would continue to move foodstuffs to and from Russia.

article thumbnail

Interoceanic Passages

Abivin

The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. It is standard procedure to unload some Mediterranean-bound ships and use the Sumed pipeline to move the excess cargo. The Suez Canal Authority (SCA) announced plans to enlarge and deepen the Canal in the middle of 2021.

Panama 52