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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This disruption affects various industries, including suppliers for global retailers and car manufacturers. Kia, in particular, faces vulnerability to delays, affecting its just-in-time manufacturing model. Trade experts also say food inflation could hit staples such as rice, tea, coffee, and meat.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” Also, globalization presents another hydra-headed challenge for your procurement network. How to solve it?

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Q3 Economic Indicators and Statistics

American Global Logistics

Specifically, the index for all items less food and energy rose 0.3% The food index increased 0.2% The index for food at home increased 0.1% over the month, and the food away from home index rose 0.4%. Next, the index for all items less food and energy rose 0.3% The all items−less food and energy−index rose 4.1

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. million square feet of warehouse capacity for more than 7 million square feet of total space and 38 warehouses. The company used to be a subsidiary of PSA Group, which is one of the world’s largest automobile manufacturers.

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

Resilinc

The group pledged to target vessels believed to be traveling to and from Israel to put pressure on the country to stop the bombing of the Gaza Strip during the Israel-Hamas war. Will stop transporting cargo to and from Israel (Dec 17). Shipping and container transportation company. Suspended passage through the Red Sea (Dec 16).