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How China’s zero-Covid policy is affecting global supply chains

Proxima

The city’s port lost around 45 percent of its trucking capacity this spring as the city ground to a halt, resulting in around 80 percent of vessels being delayed, in comparison to 20 percent two years previously. The threat of sudden lockdowns continues to loom over procurement teams.

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Biden Releases 1M Barrels/Day From Strategic Reserve, Shippers Hope for Results

Intelligent Audit

In President Biden’s press conference , he shared that the two primary causes of this enormous strategic oil reserves release were COVID-19 and the Russia-Ukraine conflict. Unify all data within a single source of truth. Shipping companies should unify their data by integrating every related source into a central system.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia Attacks Ukraine. Russia shells Ukraine. Russia had massed some 150,000 troops along Ukraine’s borders, according to US estimates based on satellite imagery. Ukraine does not have the military might to stop the invasion.