article thumbnail

Changing SRM Behaviors in a Period of $70/bbl Oil

Supply Chain View from the Field

I had an opportunity to speak with a number of executives from various organizations, including the Port of Houston, El Paso Exploration, Baylor College of Medicine, Pioneer Natural Resources, AXIP Energy Services, LyondellBasell Chemicals, and others.

article thumbnail

This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supply chains and shut factories. The massive pileup is a result of water conservation measures the Panama Canal Authority deployed in late July due to drought.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Resilinc

. #4 The Indian Market: Petroleum, Chemicals, and Cereals In FY 2023, about 65% of India’s crude oil imports—worth $105 billion—passed through the Suez Canal. Currently, key Indian export sectors like petroleum products, cereals, and chemicals are impacted. Several chemical and fertilizer companies have rerouted shipments.

article thumbnail

The Top 5 Supply Chain Megatrends of 2024

Resilinc

Currently, the Panama Canal, one of the world’s most important waterways, faces one of the driest years in over 140 years. Learn more in our Special Report: How Industries are Adapting to the Panama Canal Drought. Environmental regulations against harmful chemicals are also on the rise.