Top 8 Industries Affected by The Red Sea Crisis in January 2024
Resilinc
JANUARY 15, 2024
As of January 11, Volvo Car AB has suspended production at its plant in Ghent, Belgium, for three days. If the attacks continue, this crisis could trigger inflation due to higher global freight and insurance rates, along with supply chain disruptions. #5 Surcharges for all Asia to North America shipments will start in mid-January.
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