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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

Further, Japan based shipping line Mitsui OSK Lines indicated a belief that this disruption could extend thru the balance of 2024. percent in 2024, but that appears to be rather high given a decline in global production volumes for the past 15 months. Maersk currently estimates container volumes will increase from 2.5 percent to 4.5

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Wall Street Journal ). Harvard Business Review ). Deloitte ).

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The 10 inventory management trends to watch for in 2022

Unleashed

for the 2020-2024 period), but to also help businesses move on from the pandemic. Reduced carbon footprint: Cutting your freight times doesn’t just save money, it lowers your impact on the environment too. billion by 2024 (up from $14.9 Read more: The 10 Procurement Metrics that Matter in 2021. Who owns it?