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Challenges Abound as Peak Season Approaches

Intelligent Audit

From supply chain snafus to the growing threat of history-making strikes, it’s been another week of exciting changes within the global logistics industry. Yet, in a time of unprecedented uncertainty, logistics professionals can be sure this will be a peak season like no other. . in the final quarter of 2021 to 3.2% says the WTO. .

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

And now on to this week’s logistics news. They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat. The Port of Kahului is fully operational, and interisland freight and transport company Young Brothers noted in an Aug. That’s all for this week.

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2023 Q1 Freight Market Update

Zipline Logistics

What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. Russian-Ukraine War . The Russian-Ukraine War continues to rage on 10 months later. . American businesses depend on Russia and Ukraine for a plethora of commodities. Freight Market .

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Ensure Business Continuity Through 2022 in the Face of Product Shortages 

Logility

A resurgence of COVID-19 in Shenzhen, China – a logistics, tech, and manufacturing hub – means suspended operations and may further boost both freight rates and container prices. Monster Beverage company, for example, was unable to meet third-quarter demand because of can shortages and other supply chain issues. Key Takeaways.

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Russia-Ukraine War Snarls Global Supply Chains

Intelligent Audit

While those in logistics wonder if the new scientific bracelets to convert stress into energy, such as those reported by Interesting Engineering , are legitimate, there are still very real supply chain risks to contend with today. The ongoing Russia-Ukraine war continues to impact global supply chains, and it’s much more than many realize.

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