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Ukraine and the Supply Chain

Enterra Insights

The world is rightfully concerned about Russia’s ruthless and unprovoked invasion of Ukraine. Russia is a commodities powerhouse and a key supplier of energy to Europe. Such an escalation, however, would place Russia, and the world, in a very dangerous place. ”[1]. ”[6]. . ”[6].

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The New Silk Road: Have You Evaluated Your Freight Options?

TMC

suppliers of frozen chicken to Kazakhstan began shipping product via the Black Sea and onward through Georgia, Azerbaijan, and across the Caspian Sea, to bypass trade restrictions imposed by Russia. Source: World Economic Forum, [link]. To capture benefits like these, shippers need to be opportunistic. Financial Times, [link].

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The Silk Railway: freight train from China pulls up in Madrid

Global Trade Management

En route it passed through Kazakhstan, Russia, Belarus, Poland, Germany and France before arriving at the Abroñigal freight terminal in Madrid. It is also Spain’s third largest source of imports, after Germany and France. China is Spain’s biggest trading partner after the EU, with bilateral trade worth around £16bn.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Secondly, materials and products originating in Russia and Ukraine are now in short supply, as they are simply not moving out of those countries. But, right now, after five months of armed conflict in Ukraine, economies worldwide, especially those in Europe, are beginning to feel the effects. Trouble has arisen on three fronts.

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2023 Sanctions Trends

Exiger Perspectives

Spearheaded by the Russian invasion of Ukraine , governmental and international bodies, fronted by the Office of Foreign Sanctions Implementation (OFSI), European Union (EU) and Office of Foreign Assets Control (OFAC) , hammered Russia with an unprecedented volume of sanctions in the hope of thwarting Russian aggression towards Ukraine.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Effective March 7, excluding origin payers in France, Hungary, Russia, Portugal, Israel (which will take effect on March 21), the following surcharges apply to outbound parcel services: Parcel exports from Europe to Canada and the U.S. EUR to 0.60 EUR per pound or 1.30 EUR per kilogram. Europe Outbound International Shipping Surcharges.