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2022: A Look in the Rearview Mirror–Part I

American Global Logistics

Trade basically ceased as ports closed because of western- imposed economic sanctions on Russia. Cargo planes could not fly out of or into Russia or Ukraine. Likewise, ships could not sail into or out of Russia and Ukraine. That exacerbated food shortages with Russia and Ukraine among the top five grain exporters.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

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This Week in Logistics News (March 12 – 18)

Logistics Viewpoints

Russia-Ukraine war is worsening shipping snarls. Biden announces US will move to revoke Russia’s “most favored nation” trade status. The ongoing Russia – Ukraine war continues to disrupt global supply chains. This has created a heavy buildup of ships waiting to get through the Kerch strait.