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

Proxima

Simon Geale recently spoke to CNBC about how China’s strict Covid restrictions are having a ripple effect on global supply chains. Prices for ocean freight, whilst dropping slightly more recently, have skyrocketed over the last 24 months, at times reaching ten or twenty times the pre-pandemic price in the spot market.

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Modern Ways Technology Provides Transportation Management & Freight Spend Visibility

Intelligent Audit

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supply chain. The early start has added to the challenges of getting the supply chain unclogged. To put all of this in perspective, the new design could potentially last for 1,000,000 miles.

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

Intelligent Audit

This article will address the importance of this release and its impact on the supply chain. . 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. Normalize data to enable apples-to-apples comparisons.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia shells Ukraine.

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3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

For the third consecutive year, Supply Chain Movement has put together a 3PL Subway Map Europe showing the specific services of the most important logistics service providers which have offices in several European countries. >>Please Tajikistan. Tanzania, United Republic of. Timor-leste. Trinidad and Tobago. Turkmenistan.