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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. And fictitious pickup and fraud complaints are 675 percent higher in the first 20 weeks of 2023 compared to the first 20 weeks of 2022.

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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.

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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. Both the U.S.

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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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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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Russia’s War in Ukraine Impacts the World

Enterra Insights

has many vital national interests — securing our borders, addressing the crisis of readiness within our military, achieving energy security and independence, and checking the economic, cultural, and military power of the Chinese Communist Party — becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them.”[1]

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

Logistics Viewpoints

Ukraine in the news: War in Ukraine disrupts ships around the globe. Ukraine invasion and the semi-conductor chip impact. As Clint Reiser pointed out earlier this week, the Russian invasion of Ukraine is impacting global supply chains. And the Russian invasion of Ukraine is only going to exacerbate the problem.