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

TMC

This shows that shippers are capitalizing on new mode/route combinations that will help them save cost, reduce lead time, and mitigate supply chain disruptions and risks (such as labor disputes in the ocean shipping industry). Source: World Economic Forum, [link]. To capture benefits like these, shippers need to be opportunistic.

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Ukraine and the Supply Chain

Enterra Insights

He explains, “Collateral damage from a wave of cyberattacks targeting Ukrainian government websites may disrupt shipping lines and logistics firms, perhaps reigniting the worst of last year’s supply chain chaos. … History suggests Russian hacks will not stay within the borders of the former Soviet republic.”[6].

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. However, emptying the contents of silos into the holds of ships is only one small part of the problem.

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2023 Sanctions Trends

Exiger Perspectives

As Russia attempts to minimize the impact of Western sanctions (with support from countries such as Kazakhstan, China, India, Turkey, UAE etc.) China has been supplying Russia with goods, such as smartphones, vehicles, computer chips, ships, and aircrafts. Sino-American relations are descending to an all-time low.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

It’s impossible to paint the new international shipping surcharges with the broad strokes of the past, and shippers need to know exactly what to expect and what countries are affected. FedEx Express International Shipping Surcharges. APAC Outbound International Shipping Surcharges. EUR to 0.60 EUR per pound or 1.30 per kilogram.