article thumbnail

Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

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. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. This is due to the fact that China allocated more budge to zero-Covid initiatives.

Asia 62
article thumbnail

Two Important Questions About the Future of Freight Moves

Talking Logistics

Take cargo airships, for example. House of Representatives set up the bipartisan Cargo Airship Caucus, with the goal of accelerating development. All are racing to be first to corner a cargo market that may be worth billions. The article goes on: Last March, the U.S.

Freight 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

COVID-19 Airfreight Business Strong

Operations and Supply Chain Management

Workers at Russia’s Kazan International Airport disinfect a Boeing 747 freighter operated by Volga-Dnepr Airlines. in a troubled aerospace market. But IATA expects cargo revenues to rise 8.2% But IATA expects cargo revenues to rise 8.2% PHOTO: YEGOR ALEYEG/ZUMA PRESS. in 2020 to $110.8 in 2020 to $110.8

Russia 52
article thumbnail

Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain. Discover the top geopolitical risks set to affect the global supply chain this year.

Russia 99
article thumbnail

Doing Business in the United States

QAD

For comparison, this makes the country about half the size of Russia or South America, and more than twice the size of the European Union. Products include petroleum, steel, high-tech, motor vehicles, aerospace, telecommunications equipment, electronics, chemicals, consumer goods, food, lumber and mining products. million sq.

article thumbnail

The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. to $78.64, while US oil rose 2.8%