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The Fog of War in Ukraine Darkens the Global Economic Outlook

MIT Supply Chain

Russia’s brutal invasion of Ukraine intensifies the product shortage and price rise issues we have come to associate with Covid-19. The scarcities were caused by a significant increase in demand driven by government efforts to support their struggling economies with huge injections of cash. The good news?—?if

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2023 Q1 Freight Market Update

Zipline Logistics

What a whirlwind the 2022 Freight Market was – we saw inflation, fuel prices, and freight rates hit record highs. Russian-Ukraine War . The Russian-Ukraine War continues to rage on 10 months later. . American businesses depend on Russia and Ukraine for a plethora of commodities. Freight Market .

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

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Accenture ).

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8 Things to Know in Shipping, Freight, Logistics & Supply Chain this Week

Intelligent Audit

Because the supply chain’s design only operates smoothly under ideal circumstances, FreightWaves reported that the post-COVID world , “will remain under constant threat of disruption for the next decade, especially amidst the “conflict between environmental, social and governance (ESG) goals and supply chains optimized for cost and speed.”

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When Variability Is Our Only Constant

Supply Chain Shaman

With the mounting devastation in Ukraine, my heavy heart is a roadblock to writing. The disruption in Ukraine adds a new layer of variability and complexity to an already complicated world with many levels of disruption. COVID, inflation, climate change, and the Ukraine war are a layer of complexity with compounding effects.

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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

Governments may start to intervene 1. So far, governments have left companies to manage the supply chain challenges on their own – for the most part. Some posit that governments are more likely to intervene in 2023 to address issues caused by the ongoing geopolitical events and rising inflation. A surplus of ships is likely 3.

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

Resilinc

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.