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Allianz Safety and Shipping Review- The Good and Not Good

Supply Chain Matters

Supply Chain Matters provides highlights for the recently released Allianz Safety and Shipping Review 2024 Report. Safety and Shipping Review 2024 Report Global commercial and specialty insurance provider Allianz Commercial has released its annual review of trends and developments in global shipping and safety.

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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.

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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. That exacerbated food shortages with Russia and Ukraine among the top five grain exporters. As mentioned above, economic sanctions led to major impacts on Ukraine and Russia.

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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. Compounding the problem, natural gas prices have risen due to cold weather, coupled with the effects on natural gas supplies of the Russia-Ukraine war.

Asia 62
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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.

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Supply Chain Uncertainties Leave Industries on Edge

Intelligent Audit

According to FreightWaves, the FreightTech 100 2023 is “[…] a selection of the most innovative companies in the freight technology space.” Air Cargo Volumes Normalizing YoY, but Concerns Remain. The year-over-year drop in air cargo volumes seen in August follows more precipitous drops of 8% and 9% in June and July.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

Each year around 700 million TEUs are shipped across the world keeping global trade and businesses running and more than eighty percent of global goods trade volumes are carried by sea, with about a sixth of that volume in shipping containers. in March, while the average delay for late vessel arrivals decreased once again to 7.26