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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.

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

ToolsGroup

Due to petrochemical producers cutting production following Covid-19, and a variety of storms and hurricanes, base chemicals are in short supply, leading to slower production at paint makers including Sherwin-Williams and PPG. IATA data shows global demand for air cargo markets jumped 3.7% Consultancy UK). Source: Consultancy.UK.