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How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Procurement. And, according to some analysts, things could get worse—a whole lot worse!

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

In contrast, performance levels related to North America , Europe and South America were noted as remaining weak, on average, compared to Asia. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. percentage points below January’s value of 48.8.

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10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Italy locked down the country. A natural starting point is the level of single, or sole sourcing, that is put in place. And the U.S.

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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. The Suez Canal is the shortest route for container traffic from Asia to the Mediterranean and Europe, and is also used for some volumes from the Far East or Southern Asia to North America.

Freight 250