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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. Asia Energy Crisis Currently, both China and Pakistan are suffering a major energy crunch from dwindling energy supplies and high global gas prices.

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Russia’s Arctic Expansion: The Future of Global Shipping

SCMDOJO

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. The country has a fleet of nuclear icebreakers, which can help open up and control Arctic trade routes, making trade between Asia and the West faster and cheaper.

Russia 106
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Doing Business in Thailand

QAD

With its central location in Asia and robust air infrastructure, Thailand is well-positioned to move goods by air. Laem Chabang, another major seaport, is also a container port, making it easy to ship goods by sea. The 2017 estimated GDP is $1.236 trillion, between Australia at $1.248 trillion and Egypt at $1.204 trillion.

Thailand 100
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This Week in Logistics News (August 22-26, 2016)

Talking Logistics

Symphony Commerce raises $11 million to help brands offer faster shipping (TechCrunch). G6 axes more Asia-North Europe capacity as carriers prepare for a ‘bleak’ October (The Loadstar). Uber buys self-driving truck startup Otto; teams with Volvo (Reuters). ATA Truck Tonnage Index Fell 2.1% which represents U.S.

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Ukraine and the Supply Chain

Enterra Insights

He explains, “Collateral damage from a wave of cyberattacks targeting Ukrainian government websites may disrupt shipping lines and logistics firms, perhaps reigniting the worst of last year’s supply chain chaos. That flow of grain makes up more than 70 percent of Egypt and Turkey’s total wheat imports.”[10] ”[6].

Ukraine 130
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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Spire provides real-time information and analytics based on global maritime automatic identification system (AIS) technology—Spire’s constellation of small satellites captures the courses and current status of container ships across the globe. In 1956, manually loading a ship cost $5.86

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Panama Canal Expansion Equals Trade Expansion

APICS

The Seven Wonders of the Ancient World include The Great Pyramid of Giza in Egypt, the Temple of Artemis at Ephesus in Turkey, and the Hanging Gardens of Babylon in Iraq. The canal accommodates about one-third of Asia-to-Americas trade but required infrastructure upgrades to keep up with the latest shipping trends.

Panama 48