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Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders. Similarly, August imports reportedly decline 12 percent from prior year levels. Trillion by 2030. All rights reserved.

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Can You Predict Supply Chain Disruptions in an Unpredictable World?

Logility

Then came Russia’s invasion of Ukraine. Between them, Ukraine and Russia account for approximately one-third of global wheat production. This means supply chain leaders have had to shift from using trains back to using ocean freight and getting goods to market takes longer.

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Managing the Supply Chain in Times of Crisis?

BlueYonder

As we watch Russia’s invasion of Ukraine unfold, the real cost of this war is plain: lost lives, families that are forever altered, and destroyed communities. Two top European shippers — Maersk and DSV — have warned that freight costs will likely remain high well into 2022, adding to the global supply chain chaos.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. And the world has now been rocked by the Russian invasion of Ukraine, altering global supply chains forever. Can the United States be far behind?

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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.” Freight Rail and Union Members Reach Tentative Agreement. For the 5th consecutive year, the panel of industry experts at FreightTech 100 chose to add IntelligentAudit to their list.

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Supply Chain Risk Is Inevitable. The Key Is Understanding and Mitigating It via AI.

BlueYonder

While demand volatility was a primary risk factor over the past two years, today supply-side uncertainty is a fast-growing concern, causing supply chain disruptions and resulting in product shortages for some companies and excess inventory for others. Supply-side risk and disruptions are taking many forms. Forget the Umbrella.

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Labor Tensions Running High on Many Fronts as Peak Season Approaches

Intelligent Audit

However, the surcharge will not be a flat rate on all packages, as further analysis by Supply Chain Dive reveals: “ UPS will charge shippers the highest applicable surcharge they reach. However, as Fuller’s analysis reveals, the market is quickly shifting back toward shippers. Freight Rail Strike Looms as Labor Talks Stall.